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Archive: May, 2026

Posts in May, 2026

Grounds of Arrest Need Not Be in Separate Document from Arrest Memo: Uttarakhand HC

May 2, 2026 531 Views 0 comment Print

The Court held that Article 22(1) does not mandate a separate written document for grounds of arrest. Communication through an arrest memo with essential facts is sufficient, validating the arrest.

Personal Liberty Cannot Be Lightly Curtailed In Cases Coloured By Political Rivalry: SC

May 2, 2026 411 Views 0 comment Print

The case examined whether arrest was justified in a politically sensitive dispute. The Court held that liberty cannot be curtailed lightly where allegations appear politically motivated.

Insertion of Section 28A: Transfer of Guarantor Assets into CIRP Estate

May 2, 2026 1068 Views 0 comment Print

Section 28A enables inclusion of guarantor assets in the insolvency process to avoid parallel proceedings. The ruling ensures better value realisation and streamlined resolution.

Payment of Pension to Government Pensioners – FAQ

May 2, 2026 6585 Views 0 comment Print

The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The key takeaway is that banks are accountable for timely pension payments.

Section 14 under IBC (Amendment) Act, 2026: Scope of Moratorium & Decriminalising Contraventions

May 2, 2026 606 Views 0 comment Print

The amendment clarifies that guarantors cannot initiate recovery against the corporate debtor during CIRP. It ensures all claims are resolved collectively within the insolvency process.

IBC (Amendment) Act, 2026: Faster Timelines and a Creditor-Driven Regime

May 2, 2026 900 Views 0 comment Print

The amendment mandates time-bound decisions by NCLT to speed up insolvency resolution. It ensures accountability and faster case disposal.

Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026

May 2, 2026 3210 Views 0 comment Print

The issue involved foreign investment limits in the insurance sector under FEMA regulations. The amendment allows up to 100% FDI under the automatic route, subject to regulatory compliance. The change aims to boost foreign participation while ensuring oversight.

Section 12A under IBC (Amendment) Act, 2026: Strict Timeline for CIRP Withdrawal

May 2, 2026 1722 Views 0 comment Print

The amendment limits withdrawal only between CoC constitution and invitation of resolution plans. It ensures procedural discipline and avoids disruption of insolvency proceedings.

No More Delays: Mandatory Admission & Strict Timelines under IBC (Amendment) Act, 2026

May 2, 2026 699 Views 0 comment Print

The amendment replaces discretion with a mandatory framework for admitting applications upon proof of default. It ensures faster initiation of CIRP and reduces judicial delays.

Risk-based pricing in personal loans: How your credit profile impacts your final interest rate

May 2, 2026 1482 Views 0 comment Print

The issue concerns how lenders use credit profiles to determine loan interest rates under risk-based pricing. It explains that borrowers with strong credit histories receive lower interest rates and better terms.

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