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Articles for Res, search results for interest

RBI issues fresh guidelines asking banks, NBFCs not to levy penal interest on borrowers in case of default
1 year, 4 months ago

RBI issues fresh guidelines asking banks, NBFCs not to levy penal interest on borrowers in case of default

The Hindu  

Reserve Bank of India has issued fresh guidelines to the Regulated Entities such as commercial and other banks, Non-Banking Finance Companies and other lenders to ensure reasonableness and transparency in disclosure of penal interest. According to the new directive, penalty if charged for non-compliance of material terms and conditions of loan contract by the borrower would be treated as ‘penal …

Loan Interest Charges Rbi Res Terms Shall
Lenders can impose penalty on defaults only as 'penal charges': RBI
1 year, 4 months ago

Lenders can impose penalty on defaults only as 'penal charges': RBI

Business Standard  

The regulator said it has been observed that many REs use penal rates of interest, over and above the applicable interest rates, in case of defaults/non-compliance by the borrower with the terms on which credit facilities were sanctioned. The Reserve Bank of India said on Friday that the penalty imposed by regulated entities on customers for defaults and breaching conditions …

Loan Interest Charges Rbi Res Penal Penal Charges
New RBI rules to regulate penal charges on loans from next year
1 year, 4 months ago

New RBI rules to regulate penal charges on loans from next year

Live Mint  

The Reserve Bank of India has issued instructions for penal charges in loan accounts to ensure transparency in the disclosure of penal charges and interest rates in loan accounts. RBI has issued the following instructions 1)Penalty, if charged, for non-compliance of material terms and conditions of the loan contract by the borrower shall be treated as ‘penal charges’ and shall …

Loan Interest Rates Interest Charges Rbi Res Terms
‘The Morning Show’ Season 3 teaser: Reese Witherspoon, Jennifer Aniston and Jon Hamm are pushed to the brink
1 year, 4 months ago

‘The Morning Show’ Season 3 teaser: Reese Witherspoon, Jennifer Aniston and Jon Hamm are pushed to the brink

The Hindu  

Apple TV+ has released a teaser for the third season of The Morning Show, starring and executive produced by Jennifer Aniston and Reese Witherspoon. The 10-episode third season of The Morning Show will premiere globally on Wednesday, September 13, 2023 with the first two episodes, followed by new episodes every Wednesday through November 8, 2023. In The Morning Show season …

Season Witherspoon Jennifer Aniston
Supreme Court Annual Digest 2022- Code Of Civil Procedure (CPC)
1 year, 11 months ago

Supreme Court Annual Digest 2022- Code Of Civil Procedure (CPC)

Live Law  

Code of Civil Procedure, 1908 Code of Civil Procedure, 1908; The rules of procedure are essentially intended to subserve the cause of justice and are not for punishment of the parties in conduct of the proceedings. Ltd. v. Vinita Mehta, 2022 LiveLaw 564 : 7 SCC 678 Code of Civil Procedure, 1908; Section 96, 105 and Order IX Rule 13 …

India High Court Judgment Procedure Court Civil Civil Procedure
Weekly Digest Of Arbitration Cases: April 17 - April 23, 2022
2 years, 7 months ago

Weekly Digest Of Arbitration Cases: April 17 - April 23, 2022

Live Law  

Arbitrators Must Say Upfront Their Fees For The Number Of Sittings, Opines Supreme Court During Hearing Case Title: Oil and Natural Gas Corporation Ltd. versus Afcons Gunanusa The Supreme Court, while hearing on the issue of fixation of standards for fees for arbitrators, has emphasized on "upfront" fixation of arbitrator's fee. Right Of A Party To File Counter Claims Exists …

Justice Supreme Court Arbitration Court Specific Performance Bombay High Court Title
'Ambush PILs' Filed To Preclude Genuine Litigants; Summary Dismissal Of Earlier Article 32 Petition Won't Operate As Res Judicata : Supreme Court
3 years, 1 month ago

'Ambush PILs' Filed To Preclude Genuine Litigants; Summary Dismissal Of Earlier Article 32 Petition Won't Operate As Res Judicata : Supreme Court

Live Law  

The Supreme Court observed that the summary dismissal of an earlier writ petition under Article 32 of the Constitution does not operate as res judicata.There is a trend of poorly pleaded public interest litigations being filed instantly following a disclosure in the media, with a conscious intention to obtain a dismissal from the Court and preclude genuine litigants from approaching …

Supreme Court Constitution Court Public Interest Dismissal Res Judicata Writ
Applicability Of Res Judicata Between Co-Defendants: Supreme Court Explains
3 years, 3 months ago

Applicability Of Res Judicata Between Co-Defendants: Supreme Court Explains

Live Law  

The Supreme Court, in a judgment passed last week, examined the applicability of res judicata between co-defendants.The court observed that the requisite conditions to apply the principle of res judicata as between co-defendants are that : there must be conflict of interest between the defendants concerned; it must be necessary to decide this conflict in order to give the plaintiff. …

India Supreme Court Property Court Land Res Judicata Union