Shareholders’ agreements can be daunting, filled with legal jargon that can be confusing for founders. However, understanding the key terms is crucial for navigating transactions and protecting your interests. I...
Category - Finance and Banking
Are you the Authorised Signatory of your company? What if the cheque you signed bounces? Have you ever wondered if you will be held liable or not? The Bombay High Court came to the rescue of authorised signatories in a case...
Introduction: Drawing of a cheque constitutes a commitment to honour the cheque. The very foundation of the banking system rests upon the assurance that this commitment shall be fulfilled. Thus, the failure to do so violates...
SEC v. Ripple1, a significant judgment favouring Cryptocurrencies, has been analysed in this article. In a major win for the Crypto platforms, Judge Analisa Torres of the United States District Court (SDNY) held that certain...
What is Digital Lending? Digital Lending as defined by RBI (Reserve Bank of India) means “A remote and automated lending process, largely by use of seamless digital technologies for customer acquisition, credit...
Introduction Climate change has been recognised as one of the most critical challenges and globally, and India has announced plans to be net zero by 2070. In line with this, the Reserve Bank of India has released a...
What are the types of NFBCs? Non-Banking Financial Companies (“NBFC”) have come into prominence post the pandemic and the start-up boom in the country. The reason being NBFCs provide seamless and prompt lending services...
What is SEBI? Securities and Exchange Board of India (SEBI) is a statutory regulatory body for regulating the listed companies. It was founded on April 12, 1992, under the SEBI Act, 1992. It is responsible for monitoring and...
Oftentimes we have brilliant ideas which remain unexecuted due to lack of financial support or a business plan. While ideating is exhilarating, the execution of these ideas with respect to administrative requirements and...