Author Archive for: admin
Entries by admin
Corporate Governance by HFC- Clarifications from NHB, by Anita Baid
National Housing Bank (NHB) had come out with the Housing Finance Companies – Corporate Governance (National Housing Bank) Directions, 2016”[1] on February 09, 2017 (“Directions”), to strengthen the requirement for compliance of corporate governance and enhance the role of board of directors of the Housing Finance
IBC: Gist of Case Laws, by Vallari Dubey
Recently notified Insolvency and Bankruptcy Code, 2016 is still novel to the legal world. It is in the initial stage of execution and interpretation. While a lot of cases have been filed under the Code by different applicants, the intent of resolution is still taking its correct shape. Summarised below are interesting and important judgements […]
RBI cracks whip on Joint Lenders’ Forum, by Abhirup Ghosh
Background The Reserve Bank of India, on 5th March, 2017, came out with a notification[1] (Notification) to tweak the norms for constitution and operation of Joint Lender’s Forum (JLF) which was originally introduced in February, 2014. To do recap, the original framework requires formation of joint lenders’ forum upon an account becoming SMA-2 to devise […]