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Delhi High Court Sets Aside Orders Upholding Arbitral Award In Favour of Kalanithi Maran In SpiceJet Dispute, Quashes ₹270 Crore Payment Directive - Vimarsana News

Delhi High Court Sets Aside Orders Upholding Arbitral Award In Favour of Kalanithi Maran In SpiceJet Dispute, Quashes ₹270 Crore Payment Directive

The Delhi High Court division bench of Justice Yashwant Varma and Justice Ravinder Dudeja set aside a Single-judge decision that upheld an arbitral tribunal's decision requiring the cash-strapped...

Source: livelaw.in
IOB to sell 92 NPAs worth Rs 13,000 crore, among biggest sales - Vimarsana News

IOB to sell 92 NPAs worth Rs 13,000 crore, among biggest sales

Business News: Chennai: In one of the largest sale of bad loans, state-owned Indian Overseas Bank has announced the sale of 92 NPA loans with a collective value of R.

NPA Loans: Indian Overseas Bank to Sell ₹13k Cr Worth of NPAs in One of the Biggest Sales | Chennai News - Vimarsana News

NPA Loans: Indian Overseas Bank to Sell ₹13k Cr Worth of NPAs in One of the Biggest Sales | Chennai News

Indian Overseas Bank announces the sale of 92 NPA loans worth Rs 13,471 crore, including accounts like Videocon, Lanco, IL&FS Financial Services, Jet Airways, and Reliance Communications. Expressions of interest are called from asset reconstruction companies for the auction of these NPAs.

Arbitration Act | Executing Courts Must Pass Well-Reasoned And Articulated Decisions Specially In Disputes Involving Computation Of Due Amount: Telangana High Court - Vimarsana News

Arbitration Act | Executing Courts Must Pass Well-Reasoned And Articulated Decisions Specially In Disputes Involving Computation Of Due Amount: Telangana High Court

The Telangana High Court division bench of Chief Justice Alok Aradhe and Justice Anil Kumar Jukanti set aside an order passed by the executing court noting that it was arrived in a cryptic and...

Source: livelaw.in
Banks set up panel to guard executives from corruption cases - Vimarsana News

Banks set up panel to guard executives from corruption cases

Banks had been pressing for immunity from arbitrary arrest or action by investigating agencies against their top executives for taking commercial decisions such as grant of loans, but there has been little headway on this demand so far.