Reserve Bank of India (RBI) has issued the updated Master Circular on Guarantees and Co-Acceptances for 2025, consolidating all relevant guidelines and instructions up to March 31, 2025. This circular ...

The Reserve Bank of India (RBI) has issued a revised Master Circular pertaining to the prudential norms on capital adequacy for Primary (Urban) Co-operative Banks (UCBs). This circular, dated April 1, ...

April 01, 2025 Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring In exercise of powers conferred under Section 35A and Section 56 of the Banking Regulation Act, 1949, ...

The Reserve Bank of India (RBI) released a set of Frequently Asked Questions (FAQs) to clarify its “Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of ...

The directors on the boards of UCBs must be knowledgeable and persons of high integrity. To ensure professionalism in the Board, banks should, at all times, have at least two professional directors, i ...

Reserve Bank of India (RBI) has issued an updated Master Circular on the disbursement of government pensions by agency banks, consolidating instructions up to March 31, 2025. This circular outlines ...

Statutory Protection Under the Companies Act, 2013: He relied on Sections 149 (6) and 149 (12) of the Companies Act, which immunize Independent Directors from liability unless it is demonstrably ...

Bombay HC on AI-generated order by the CPC or the computer portal – Return was declared invalid for non-filing a compulsory ...

i. Section 164 (2) states that directors of a company that fails to file financial statements or annual returns for three consecutive financial years shall be disqualified for a period of five years.

The stamp duty on the issuance of physical share certificates in Delhi remains 0.1% of the face value or market value (whichever is higher). This means ₹1 per ₹1,000 of the share value. I. Allotment ...

The process of transferring shares through demat mode ensures efficiency, security, and transparency. Investors must comply with regulatory requirements under the Depositories Act, and the Companies ...

As per Section 260 of the Companies Act, 1956, an Additional Director’s tenure is inherently limited, and they automatically vacate office upon the conclusion of the AGM unless expressly reappointed.