FEMA & Banking

Blog, News, FEMA & Banking

March 25, 2025

ED Cannot Attach Property Beyond Seized Gold in PMLA Case as DRI Had Already Seized It and Proposed Confiscation | AT-SAFEMA

Case Details: Barik Biswas v. … Continue reading “ED Cannot Attach Property Beyond Seized Gold in PMLA Case as DRI Had Already Seized It and Proposed Confiscation | AT-SAFEMA”

Blog, News, FEMA & Banking

March 24, 2025

REs Are Not Required to Deduct Right-of-Use Assets Under Ind AS 116 From Owned Funds if a Leased Asset Is Tangible | RBI Clarifies

Circular no. RBI/2024-25/128 DOR.CAP.REC.No.68/21.01.002/2024-25; Dated: … Continue reading “REs Are Not Required to Deduct Right-of-Use Assets Under Ind AS 116 From Owned Funds if a Leased Asset Is Tangible | RBI Clarifies”

Blog, News, FEMA & Banking

March 22, 2025

RBI Issues Clarifications on ‘Financial Statements Presentation and Disclosures Directions, 2021

Circular No. RBI/2024-25/126 DOR.ACC.REC.No.66/21.04.018/2024-25, Dated: … Continue reading “RBI Issues Clarifications on ‘Financial Statements Presentation and Disclosures Directions, 2021”

News, Blog, FEMA & Banking

March 22, 2025

RRBs to Implement Pension Scheme From 01.11.1993 With a 5-Year Amortisation Option for Additional Pension Liability | RBI

Circular No. RBI/2024-25/127 DOR.ACC.REC.No.67/21.04.018/2024-25, Dated: … Continue reading “RRBs to Implement Pension Scheme From 01.11.1993 With a 5-Year Amortisation Option for Additional Pension Liability | RBI”

Blog, News, FEMA & Banking

March 20, 2025

Writ to Quash Advance Authorisation Rejection for CPC Export to SEZ Units Under FTP Rejected as Delhi HC Lacked Jurisdiction

Case Details: Rain CII Carbon … Continue reading “Writ to Quash Advance Authorisation Rejection for CPC Export to SEZ Units Under FTP Rejected as Delhi HC Lacked Jurisdiction”

Blog, News, FEMA & Banking

March 19, 2025

All Agency Banks Dealing With Govt. Transactions to Remain Open for Over-the-Counter Transactions on Monday, March 31, 2025 | RBI

Circular no. RBI/2024-25/124 CO.DGBA.GBD.No.S1003/42-01-029/2024-25; Dated: … Continue reading “All Agency Banks Dealing With Govt. Transactions to Remain Open for Over-the-Counter Transactions on Monday, March 31, 2025 | RBI”

Blog, News, FEMA & Banking

March 19, 2025

RBI Permits Settlement of Indo-Maldives Trade in INR and MVR, Alongside the Existing ACU Mechanism

Circular No. RBI/2024-2025/125 A.P. (DIR … Continue reading “RBI Permits Settlement of Indo-Maldives Trade in INR and MVR, Alongside the Existing ACU Mechanism”

Blog, News, FEMA & Banking

March 18, 2025

Opting Out of Proceedings u/s 138 of the NI Act Doesn’t Bar the Appellant’s Right to Recover Money Through a Summary Suit | HC

Case Details: Rohit Singh v. … Continue reading “Opting Out of Proceedings u/s 138 of the NI Act Doesn’t Bar the Appellant’s Right to Recover Money Through a Summary Suit | HC”

Blog, News, FEMA & Banking

March 12, 2025

Appeal u/s 17 of SARFAESI Before Action u/s 13(4) is Premature & Suit for Injunction Before Civil Court is Maintainable | HC

Case Details: Sandeep Goenka v. … Continue reading “Appeal u/s 17 of SARFAESI Before Action u/s 13(4) is Premature & Suit for Injunction Before Civil Court is Maintainable | HC”

Blog, News, FEMA & Banking

March 12, 2025

IFSCA Issues Guidelines on ‘Cyber Security and Cyber Resilience’ for Regulated Entities in IFSCs

Circular no. IFSCA-CSDOMSC/13/2025-DCS; Dated: 10.03.2025 … Continue reading “IFSCA Issues Guidelines on ‘Cyber Security and Cyber Resilience’ for Regulated Entities in IFSCs”