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Tag: Banking Law

News Update…

Supreme Court Acquits Accused in Cheque Bounce Case: Material Alteration of Cheque Voids Conviction

27 Jul 2026
Background The appellant was convicted under Section 138 of the Negotiable Instruments Act, 1881 for dishonour of a cheque. The trial court held that the cheque was for ₹1,10,000. The…
News Update…

Supreme Court Clarifies: DRT Recovery Certificate Not Equivalent to Decree for Issuing Insolvency Notice Under Presidency Towns Insolvency Act

13 Jul 2026
The Supreme Court has held that a recovery certificate issued by a Debts Recovery Tribunal (DRT) under the Recovery of Debts and Bankruptcy Act, 1993 (pre-2016 amendment) cannot form the…
News Update

Calcutta High Court Allows Partial Operation of Frozen AITC Bank Accounts – Appoints Special Officer Amid Factional Dispute

10 Jul 2026
the Calcutta High Court permitted limited operation of three frozen HDFC Bank accounts of the All India Trinamool Congress (AITC) while directing preservation of evidence in a cyber crime case…
News Update…

Supreme Court Quashes Advocate’s Inclusion in IBA Caution List – Limits List to Fraud Cases; Reinforces Bar Councils’ Exclusive Disciplinary Role

7 Jul 20267 Jul 2026
The Supreme Court allowed the appeal of advocate Ajay Vijh and directed immediate removal of his name from the Indian Banks’ Association (IBA) Caution List. Background Ajay Vijh, a panel…
News Update

Calcutta High Court Upholds SBI’s Mandatory Learning Policy Linked to Allowances – No Violation of Rights

6 Jul 2026
Justice Raja Basu Chowdhury dismissed a writ petition filed by the All India State Bank Officers’ Federation challenging circulars dated 30.04.2021 and 02.06.2021 that link reimbursement of certain allowances (conveyance,…

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