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.
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.
The amendment mandates time-bound decisions by NCLT to speed up insolvency resolution. It ensures accountability and faster case disposal.
The amendment limits withdrawal only between CoC constitution and invitation of resolution plans. It ensures procedural discipline and avoids disruption of insolvency proceedings.
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.
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.
The central issue was whether incomplete notices satisfy legal requirements. The Court ruled that mere reproduction of statutory language without factual foundation is insufficient. The decision reinforces strict adherence to natural justice principles.
The issue was whether the 2019 amendment to Section 54 could limit earlier refund claims. The Court ruled that the amendment is prospective and cannot affect pre-amendment entitlements. Claims were held valid within extended timelines.
The amendment removes automatic moratorium protection for personal guarantors upon filing insolvency applications. It ensures creditors can continue recovery actions and prevents delay tactics.
The tribunal held that no late fee under Section 234E can be imposed for periods prior to 1 June 2015 due to absence of enabling provisions in Section 200A. The levy was deleted following consistent judicial precedents.
