High Profile Cases Supreme Court quashes RBI circular on insolvency issued last year April 2, 2019 by Legal India Admin | Leave a Comment The Supreme Court Tuesday quashed the RBI circular of last year that pertains to the provisions for declaring a company bankrupt even on a one-day overdue. The bench headed by Justice R F Nariman said: “We have declared the RBI circular ultra vires.” Reserve Bank of India’s (RBI) had on February 12, 2018 issued a […] Read more ยป RBI circular on insolvency
