RBI recently issued guidelines on Default Loss Guarantee (DLG) in Digital Lending
The Reserve Bank of India (RBI) has recently issued guidelines on Default Loss Guarantee (DLG) in Digital Lending. DLG is a contractual arrangement between a Regulated Entity (RE) and an entity meeting certain criteria, under which
Delhi High Court On Scope Of Arbitrability Of Disputes Arising Out Of An Insurance Claim, When The Claim Is Partially Rejected
Introduction The Hon’ble Delhi High Court (“HC”) in a recent judgment of Shivalaya Construction Co. Pvt. Ltd. vs. National Insurance Company Ltd.[1],deliberated on the arbitrability and maintainability of a policyholder’s right to invoke arbitration in
Banks Have Discretion To Exclude Such Borrowers From The OTS Scheme Where The Chances Of Recovery Are High: J&K And Ladakh High Court
The Hon’ble Single Judge Bench of Jammu & Kashmir and Ladakh High Court, comprising of Justice Sanjay Dhar in Ghulam Ahmad Mir Vs J&K Bank & Ors.[i]vide order dated 26th April 2023 held that a
Writ Petition Under Article 226 Cannot Be Entertained When Alternative Statutory Remedy Is Available By Way Of Appeal Under Section 17 Of The Sarfaesi Act, 2002–Supreme Court
The Hon’ble Division Bench of Supreme Court comprising of Justice M.R. Shah and CT Ravikumar in G Vikram Kumar V State Bank of Hyderabad & Ors. vide order dated 02.05.2023[i] held that for any action
Grant Of Divorce On Ground Of Irretrievable Breakdown Of Marriage Is Not A Matter Of Right, But A Discretion Under Article 142: Supreme Court
The Constitutional bench of the Hon’ble Supreme Court (SC)[1] recently held that Article 142(1) of the Constitution of India can be invoked to depart from the procedure and statutory provisions of law to establish ‘complete
What constitutes breaking point while applying for appointment of arbitrator?…Supreme Court
Introduction In the recent judgment of M/s. B and T AG vs. Ministry of Defence[1],the Supreme Court (“the SC”) while discussing on issues of limitation for filing of application under S.11 (“the Application”)of the Arbitration
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