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Welcome to the special episode of the Mint Podcast, presented by Mint in collaboration with JSA Advocates & Solicitors, which is now live.

The Calcutta High Court's ruling in Jainco Projects (India) Limited v. UCO Bank examines critical procedural questions surrounding SARFAESI appeals, specifically addressing the requirements for pre-deposit when One Time Settlement orders are involved. This decision has significant implications for borrowers challenging debt recovery actions and banks enforcing security interests under the SARFAESI Act.

The Calcutta High Court's ruling in Jainco Projects (India) Limited v. UCO Bank examines critical procedural requirements for SARFAESI appeals, specifically addressing the interplay between One Time Settlement orders and mandatory pre-deposit provisions. This decision clarifies when borrowers can challenge debt recovery actions and what financial obligations must be met before appellate tribunals will hear their cases.

SEBI eased the redemption norms for mutual fund investors by allowing them to redeem their investment partially even if the asset management company imposes restriction on redemption.

The Master Circular dated 11.07.2023 (“Master Circular”), issued in connection with compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 inter alia, sets out the framework for action to be taken by recognized stock exchanges and depositories against listed entities that fail to meet the Minimum Public Shareholding (“MPS”) requirements, including imposition of fines, freezing of promoter shareholding, and other consequential actions.

India's securities regulator SEBI has proposed the GARUDA mechanism to accelerate Alternative Investment Fund scheme launches, potentially reducing approval timelines from 30 days to as little as 10 working days for regular schemes and enabling immediate launches for accredited investor-only schemes. The consultation paper outlines a streamlined process that would allow certain AIF categories to bypass traditional merchant banker requirements and launch funds upon document acknowledgement.

The Securities and Exchange Board of India on October 17, 2017 has issued a circular in order to further streamline the operations at International Financial Services Centres, based on the internal discussions...

Special situations and private credit funds have been increasingly looking at the high yield Indian market. With banks facing liquidity and risk issues, alternate capital with customised solutions seem attractive.

RBI vide circular no. 10/13.05.000/2019-20 limits the exposure to single and group borrowers/parties and large exposures and Revision in the target for priority sector lending- UCBs.

investing in unregistered platforms offering unlisted securities can put your hard-earned money at risk. Before making any financial commitments...

In this Lexpresso special, we break down the IFSCA's Transition Bonds Framework—a first-of-its-kind rulebook for funding decarbonisation in hard-to-abate industries.

Section 20 of Banking Regulation Act, 1949 prohibits banks from giving any loans or advances to its directors.

Watch Milind Kothari, Managing Partner, BDO India, give an overview of Budget2020 as he speaks of the 3 key themes such as Aspirational India, Economic Development and Caring Society, along with Ease of doing Business, Income Tax and much more.

India remains steadfast on its course for progress. Despite the global geo-political and economic crises

The Reserve Bank of India has agreed to allot about Rs 2,000 crores (USD 320 million) to a start-up-specific fund in the 2015-2016 financial year.

In light of the impending cessation of LIBOR as a benchmark rate, the Reserve Bank of India has permitted authorised dealer category...

Richie Sancheti Of Nishith Desai Associates Speaks On Reforming FPI Rules.

When the Insolvency and Bankruptcy Code was introduced in 2016, an exception was made under section 3(17) for Financial Service Providers (FSPs) to prevent them from being dragged into insolvency.