By Ashish Aggarwal and Gurcharan Singh Introduction: The enactment of the Insolvency and Bankruptcy Code, 2016 (IBC) revolutionized India's insolvency landscape by providing a comprehensive framework for resolving corporate insolvencies. Alongside this, the IBC also introduced significant changes concerning the liability of personal guarantors. This article aims to shed light on the liability of [...]

Borrowers Must Be Heard Before Their Account Is Classified As Fraud By A Bank: Supreme Court By Ashish Aggarwal, Jaisal Baath Reserve Bank of India is constituted under Section 3 of the Reserve Bank of India Act, 1934 (“RBI Act”). RBI has been vested with the powers to issue directions to banking companies in [...]