FEMA & Banking

Blog, News, FEMA & Banking

February 17, 2026

Central Bank permits banks to infuse capital in overseas branches without its prior approval

Circular no. RBI/2021-22/136, Dated, 8-12-2021 … Continue reading “Central Bank permits banks to infuse capital in overseas branches without its prior approval”

Blog, News, FEMA & Banking

February 17, 2026

RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits

Circular no. DOR.CAP.REC. No.72/21.06.201/2021-22, Dated: … Continue reading “RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits”

Blog, News, FEMA & Banking

February 24, 2026

RBI keeps repo rate unchanged at 4.0%

Press release: Dated 08-12-2021 Based … Continue reading “RBI keeps repo rate unchanged at 4.0%”

Blog, News, FEMA & Banking

February 25, 2026

SC upholds constitutionality of RBI’s decision to ban ‘Merchanting Trade Transactions’ pertaining to PPE kits

Case Details: Akshay N Patel … Continue reading “SC upholds constitutionality of RBI’s decision to ban ‘Merchanting Trade Transactions’ pertaining to PPE kits”

Blog, News, FEMA & Banking

February 12, 2026

Complainant can’t pursue the original complaint u/s 138 of NI Act once settlement has been entered into by parties: SC

Case Details: Gimpex (P.) Ltd. … Continue reading “Complainant can’t pursue the original complaint u/s 138 of NI Act once settlement has been entered into by parties: SC”

News, Blog, FEMA & Banking

July 18, 2024

The borrower who neither paid debt nor replied to notice was to be estopped from challenging the violation of Section 13(3A), rules SC

Case Details: Arce Polymers (P.) … Continue reading “The borrower who neither paid debt nor replied to notice was to be estopped from challenging the violation of Section 13(3A), rules SC”

Blog, News, FEMA & Banking

February 17, 2026

RBI amends Credit Information Companies Regulations, 2006; expands the scope of specified users

Notification No. 52140/20.16.050/2021-22. Dated: 10.11.2021 … Continue reading “RBI amends Credit Information Companies Regulations, 2006; expands the scope of specified users”

Blog, News, FEMA & Banking

February 25, 2026

Dispute of cheque bounce by non-executive directors is a matter of trial, couldn’t be adjudicated by HC u/s 482 of CrPC: SC

Case Details: Ashutosh Ashok Parasrampuriya … Continue reading “Dispute of cheque bounce by non-executive directors is a matter of trial, couldn’t be adjudicated by HC u/s 482 of CrPC: SC”

Blog, News, FEMA & Banking

February 25, 2026

A person aggrieved from measures taken by secured creditor u/s 13(4) should approach DRT and not Civil Court: HC

Case Details: Electrosteel Castings Ltd. … Continue reading “A person aggrieved from measures taken by secured creditor u/s 13(4) should approach DRT and not Civil Court: HC”

Blog, News, FEMA & Banking

February 11, 2026

DRT can’t apply Sec 5 of the Limitation Act, 1963, and condone the delay in filing an appeal against the order of Recovery Officer

Case Details: Avneesh Chandan Gadgil … Continue reading “DRT can’t apply Sec 5 of the Limitation Act, 1963, and condone the delay in filing an appeal against the order of Recovery Officer”