Understanding the Insolvency and Bankruptcy Code (IBC) in India
The Insolvency and Bankruptcy Code (IBC) of India, enacted in 2016, represents a landmark reform aimed at overhauling the existing…
UNDERSTANDING THE PAYMENT AND SETTLEMENT SYSTEMS ACT,2007
INTRODUCTION India has a diverse range of payment systems, including traditional and electronic/digital methods. Traditional systems like cash payments, cheques,…
Electronic Cheques and Digital Transactions: The Future of the Negotiable Instruments Act, 1881
The Negotiable Instruments Act, 1881 (NI Act), has played a crucial role in defining the legal framework for cheques, promissory…
Vicarious Liability of Banks
Introduction: In recent years, cases of misconduct within financial institutions have raised significant legal questions regarding the liability of banks…
INDIA’S BIGGEST ACCOUNTING FRAUD:SATYAM COMPUTER SCAMS
The Satyam scandal, a major accounting fraud in India, unfolded in 2009, involving Satyam Computers, once a leading player in…
Building a Better Boardroom: The Role of IBC in Advancing Corporate Governance in India
Abstract: Corporate governance is a critical aspect of maintaining transparency, accountability, and efficiency within corporations. In India, the Insolvency and…
Exploring the Legality of Cryptocurrency in India: Current Status and Future Prospects
Introduction Cryptocurrency has emerged as a revolutionary financial instrument globally, challenging traditional banking systems and fostering decentralized transactions. In India,…
Moratorium under the Insolvency and Bankruptcy Code 2016 and its effect on parallel proceedings
Introduction The Insolvency and Bankruptcy Code, 2016 ("IBC") does not define the term "moratorium." It designates a time frame in…
Cyber Crimes in Banking Sector
Online banking and credit card services are only two of the services the banking sector provides to its customers and…
Insolvency and Bankruptcy laws in India
Insolvency: Insolvency occurs when an individual or an entity (such as a company or organization) is unable to meet its…