RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities

Circular No. RBI/2022-23/127 DOR.FIN.REC.No.73/03.10.117/2022-23, dated: … Continue reading “RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities”

RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities

Circular No. RBI/2022-23/126 DOR.FIN.REC.No.72/03.10.117/2022-23, dated: … Continue reading “RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities”

NCLT rightly rejected plea for approval of resolution plan as applicant failed to furnish a performance guarantee

Case Details: Cimco Projects Ltd. … Continue reading “NCLT rightly rejected plea for approval of resolution plan as applicant failed to furnish a performance guarantee”