Debt Acknowledgement Extends IBC Section 7 Limitation
NCLAT holds that express or implied debt acknowledgements or restructuring toll limitation under Section 7 IBC.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
NCLAT holds that express or implied debt acknowledgements or restructuring toll limitation under Section 7 IBC.
NCLAT holds that financial debt under IBC can be established via conduct, acknowledgements, or transactions absent a written agreement.
NCLAT rules that breach of restructuring terms does not nullify original financial debt under IBC.
SEBI permits remote digital KYC for NRIs, OCIs, and foreign nationals from 3 December 2026, easing onboarding for overseas investors.
The RBI has issued the Eleventh Amendment Directions, 2026, updating the leverage ratio framework for commercial banks to align with the 'leverage ratio 2017 standard'. The changes impact capital adequacy compliance.
The RBI has directed all financial institutions to implement updates to the UN-mandated sanctions lists for Taliban, ISIL (Da'esh), and Al-Qaida under Section 51A of the UAPA, 1967. Five entries were amended for Taliban and six for ISIL/Al-Qaida, with three removed.
The RBI has constituted the Technical Consultative Committee for Financial Markets (TCCFM) to facilitate structured engagement with market participants on policy and operational issues in evolving financial infrastructure.
SC holds unlicensed money lenders can file Section 138 complaints, but agreements may be unenforceable under other laws.
The RBI issued the Eleventh Amendment Directions, 2026, updating leverage ratio frameworks for commercial banks to align with the 'leverage ratio 2017 standard'. The changes reinforce prudential norms and strengthen systemic resilience against financial shocks.
The RBI has directed financial institutions to amend their records in response to updates in UNSC sanctions lists for Taliban, ISIL, and Al-Qaida under Section 51A of UAPA, 1967. Six notifications in October 2026 involve addition, amendment, or removal of 11 designated individuals and entities linked to terrorist groups.
The RBI’s Eleventh Amendment Directions, 2026 updates the leverage ratio framework for commercial banks to align with the Basel III (2017) leverage ratio standard, strengthening capital resilience.
FeaturedThe RBI has issued the Eleventh Amendment to its capital adequacy directions for commercial banks, aligning the leverage ratio framework with the 'Leverage Ratio 2017 Standard'.