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Format of Intercompany Loan Agreement for Holding & Subsidiary Company

Finance : Explore the significance of an intercompany loan agreement between a holding company and its subsidiary in India. Learn how it fos...

November 6, 2023 12138 Views 0 comment Print

Reducing Complexities in Small Business Finances: Utilizing Business Loan EMI Calculators and Aadhar Cards for Hassle-Free Loans

Finance : In this blog post we will cover two tools that can streamline this journey: Business Loan EMI Calculators and the Aadhar Card. Let...

November 6, 2023 399 Views 0 comment Print

Key Considerations for Choosing the Right Business Loan

Finance : When it comes to fueling your business growth or overcoming financial challenges, securing a business loan can be a strategic move...

November 3, 2023 1497 Views 0 comment Print

What documents are required for a business loan?

Corporate Law : Securing a business loan can often feel overwhelming and intricate. Obtaining a business loan involves a thorough evaluation of th...

September 1, 2023 813 Views 0 comment Print

Who Repays Personal Loan After the Borrower Dies? Important Guide

Finance : An instant personal loan is a popular way that many use to bridge financial gaps, be it during weddings, medical emergencies or mo...

August 31, 2023 4629 Views 0 comment Print


Latest News


Draft Format of Outstanding Debt recovery Letter

CA, CS, CMA : To, Address City, Maharashtra, 422001. Subject : First Reminder for Late Payment Dear Sir/Maam, It has come to our attention that ...

August 4, 2021 155760 Views 1 comment Print

Draft Loan Agreement

Finance : To be printed in stamp paper of Rs.______________ (based on the respective Stamp Act applicable)  LOAN AGREEMENT LOAN AGREEMENT B...

October 19, 2020 386568 Views 5 comments Print

Salient features of Model Education Loan Scheme

Finance : Interest on Education Loans All Scheduled Commercial Banks provide Education Loan to students. IBA has formulated and circulated t...

July 1, 2019 2106 Views 0 comment Print

Education Loan – Eligibility Criteria for interest subsidy

Finance : Students whose parental income is less than Rs. 4.5 lakhs per annum and are enrolled in recognized technical & professional course...

March 27, 2012 3069 Views 0 comment Print

Some banks not monitoring use of loans- RBI

Fema / RBI : Even as India has been cited as an example of prudential banking norms, the Reserve Bank of India (RBI) today said some lenders ar...

January 16, 2011 676 Views 0 comment Print


Latest Judiciary


Proper Legal Procedure for Loan Recovery & Vehicle Seizure to be followed: NCDRC

Corporate Law : In present facts of the case, the Revision Petition (RP) has been filed by the Petitioner against Respondents under section 21 (b)...

September 26, 2023 14880 Views 2 comments Print

Education Loan cannot be denied merely for Low CIBIL Score of Co-Borrowers

Corporate Law : Kiran David Vs Assistant General Manager State Bank of India (Kerala High Court) The petitioners are aggrieved by the denial of ed...

May 18, 2022 8553 Views 0 comment Print

RBI Responsible for Monitoring Compliance of Loan Moratorium Circular: HC

Fema / RBI : The contentions of the RBI that the dispute is between the Petitioner and Respondents is not acceptable since the dispute arises o...

July 8, 2020 2520 Views 0 comment Print

Educational Loan cannot be rejected for Unsatisfactory Credit Scores of parents

Finance : In the present case, the education loan application had been declined on the ground that the CIBIL report of the petitioner's fath...

July 3, 2020 4311 Views 1 comment Print

Income from trading of shares will be speculative business within meaning of provision of Explanation to section 73

Income Tax : The provisions of Explanation to section 73 do not distinguish between the transaction of trading in shares on actual delivery or ...

December 28, 2009 7451 Views 0 comment Print


Latest Notifications


RBI Circular to RBs – Priority Sector Lending Categorisation of activities under service under the MSMED Act, 2006

Fema / RBI : In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.R...

October 6, 2009 499 Views 0 comment Print


Allowability of interest on borrowed funds advanced to subsidiary company

November 28, 2008 660 Views 0 comment Print

We have considered the, rival submissions, perused the material on record. In the instant case, rehabilitation scheme was sanctioned by the BIFR on 05.07.2001, A copy of the summary record of the proceedings of the hearing held on 5.7.2001 before BIFR- have been placed in the Paper Book. It has been held in the aforesaid proceedings para 22 as under:

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