Bogus Parties and Dubious Transactions- Read ITAT’s observations on a matter concerning “non-existent lenders”
Income Tax Appellate Tribunal (ITAT), New Delhi: While deciding the instant appeal pertaining to the Assessment Year 2015-16 where the
Loans
COVID-19 Second Wave | Financial relief a policy matter; Similar order already passed: SC refuse to entertain plea seeking loan moratorium extension
Supreme Court: The bench of Ashok Bhushan and MR Shah, JJ has refused to pass any direction in the petition seeking effective
Loan Moratorium Case| Supreme Court says no to total waiver of interest and extension of moratorium period but directs full waiver of compound interest
There was no justification shown by the Government to restrict the relief of not charging interest on interest with respect to the loans up to Rs. 2 crores only and that too restricted to only 8 categories.
RBI | Primary (Urban) Co-operative Banks shall not provide or renew director-related loans
The Banking Regulation Act, 1949 has been amended by the Banking Regulation (Amendment) Act, 2020 notified for the Primary (Urban) Co-operative Banks
COVID-19| Seeking waiver of interest on interest for loan during the moratorium period? SC asks Govt to implement decision to forego compound interest on these 8 categories
Supreme Court: In a breather to customers in the case relating to waiver of interest on loan during the moratorium period, the
Restructure the loan amount and release it to home buyers of Amrapali Group: SC to RBI
Supreme Court: The bench of Arun Mishra and UU Lalit, JJ directed the banks and financial institutions to release loans to home
RBI makes External Benchmark Based Interest Rate mandatory for certain categories of loans from October 1, 2019
The Reserve Bank of India has been examining the feasibility of mandating the use of an external benchmark for determining the interest
Checklist for Loans and Investments by Company [PL Archives]
Gaurav N Pingle, Practising Company Secretary, Pune
Cite as: (2019) PL (CSP) February 78