It has almost settled and become like a regular practice for the borrowers to question the proceedings initiated by the Banks at the last stage under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of ..
Based on Andhyarujina Committee Report 2000, Parliament enacted the SARFAESI Act 2002, in line with Sec.29 of State Financial Corporations Act 1951 avoiding the adjudication process (which is proved to be time consuming process) of claims for recov ..
1. Introduction- Arbitration of Intellectual Property Rights Issues: The Basics Resolving intellectual property rights (IPR) issues through alternative dispute resolution (ADR) proceedings was a technique long-developin ..
With a slowdown in economy and inflow of foreign funds into the country, the Ministry of Finance is finding out ways to attract foreign direct investment into the country ..
The Indian Stamp Act. 1899 is the law relating to the stamps which consolidates and amends the law relating to stamp duty. It is a fiscal legislation envisaging levy of stamp duty on certain instrument. The Act is divided in to eight chapters and ..
Rule 2(a) defines Authorised Officer as under:- "authorised officer" means an officer not less than a chief manager of a public sector bank or equivalent, as specified by the Board of Directors or Board of Trustees of t ..
Companies are facing considerable hindrance in recoveries of their bad debts. The issue is very simple yet taxing . Customer uses the services and if deny to pay the bills then collection department comes in to play. Collection Department of any ..
Constitution of DRTs & DRATs: After the constitution of Debt Recovery Tribunals (DRT) and Debt Recovery Appellate Tribunals (DRAT) under The Recovery of Debts due to Banks and Financial Institutions Act, 1993 and after conferrin ..
When a man assumes a public trust he should consider himself a public property. Thomas Jefferson The insider trading cases reminds me a reminds about an incident which one of my trusted friend had shared with me. A colonizer bought ..
Meaning Arbitration is the means by which parties to a dispute get the same settled through the intervention of a third person or more, but without recourse to a court of law. The settlement of dispute is arrived by the judgment of the third pe ..
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