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RBI raises minimum capital requirement for ARCs to begin securitisation to Rs 300 crore

The RBI said that the regulation would be effective from April 24, 2024. ARCs, as on October 11, 2022, have been provided a glide path to achieve the minimum required Net Owned Fund (NOF) of Rs 300 crore.

[S 14 SARFAESI Act] District Magistrates Can t Adjudicate On Application For Taking Possession Of Secured Assets, Constantly Breaching Law: Punjab & Haryana HC

The Punjab & Haryana High Court has made it clear that the District Magistrate under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act,.

Allahabad High Court Weekly Round-Up: April 15

NOMINAL INDEX Ram Pal Soni And Another v. State Of U.P. Thru. Prin.Secy. Finance And Ors. 2024 LiveLaw (AB) 237 Gurmeher Singh vs. State of U.P. and Another 2024 LiveLaw (AB) 238 Aman @.

Kishore Biyani settles lenders dues by selling SOBO mall to K Raheja Corp, ET Retail

Kishore Biyani: The settlement was backed by realty developer K Raheja Corp., which acquired SOBO Central Mall. Earlier known as Crossroads, SOBO Central is the country’s first mall, having opened in late 1990s in south Mumbai s Haji Ali locality.

Kishore Biyani pays off creditors led by Canara Bank by selling SOBO mall to K Raheja Corp: Report

Kishore Biyani pays off creditors led by Canara Bank by selling SOBO mall to K Raheja Corp: Report
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