FEMA & Banking

Blog, News, FEMA & Banking

March 11, 2025

Clearing Corporation’s Contribution to ‘Settlement Guarantee Fund’ Must Form Part of Its Net Worth, IFSCA Clarifies

Circular no. IFSCA/CMD-DMIIT/SGF/2024-25/001; Dated: 07.03.2025 … Continue reading “Clearing Corporation’s Contribution to ‘Settlement Guarantee Fund’ Must Form Part of Its Net Worth, IFSCA Clarifies”

Blog, News, FEMA & Banking

March 11, 2025

IFSCA Revises Fee Structure for ‘International Trade Finance Service’ Operators in IFSCs

Circular no. IFSCA-FCR0FCR/3/2023-Banking/2024-25/002; Dated: 07.03.2025 … Continue reading “IFSCA Revises Fee Structure for ‘International Trade Finance Service’ Operators in IFSCs”

Blog, News, FEMA & Banking

March 10, 2025

HC Upholds Acquittal as Applicant Failed to Prove Accused’s Business, Goods Delivery, or Issuance of Cheque for Legal Debt

Case Details: Ambika Ornaments through … Continue reading “HC Upholds Acquittal as Applicant Failed to Prove Accused’s Business, Goods Delivery, or Issuance of Cheque for Legal Debt”

News, Blog, FEMA & Banking

March 10, 2025

RBI to Conduct Open Market Operation (OMO) Purchase Auctions & USD/INR Swap to Inject Liquidity

Press Release: 2024-2025/2305, Dated: 05.03.2025 … Continue reading “RBI to Conduct Open Market Operation (OMO) Purchase Auctions & USD/INR Swap to Inject Liquidity”

Blog, News, FEMA & Banking

March 6, 2025

Single Judge Justified in Issuing Directions to RBI for Intervention as Regulator Overlooked Company’s Wrongdoing | HC

Case Details: Achal Kumar Jindal … Continue reading “Single Judge Justified in Issuing Directions to RBI for Intervention as Regulator Overlooked Company’s Wrongdoing | HC”

Blog, News, FEMA & Banking

March 6, 2025

MHA Mandates Recording of Non-Cognizable Offence Information Report u/s 174 of BNSS in the Crime Tracking System

Notification No. F. No. 1/2/2025/HP-I/Estt./436 … Continue reading “MHA Mandates Recording of Non-Cognizable Offence Information Report u/s 174 of BNSS in the Crime Tracking System”

Blog, News, FEMA & Banking

March 6, 2025

MHA Notifies Delhi BNSS (Arrest Information) Rules; Mandates Police Officers to Give Arrest Information to Nominated Persons

Notification No. F. No. 1/4/2024/HP-I/Estt./464 … Continue reading “MHA Notifies Delhi BNSS (Arrest Information) Rules; Mandates Police Officers to Give Arrest Information to Nominated Persons”

Blog, News, FEMA & Banking

March 5, 2025

Independent Director Not Liable u/s 141 as He Neither Signed nor Authorized Dishonored Cheques nor Managed Finances

Case Details: Kamalkishor Shrigopal Taparia … Continue reading “Independent Director Not Liable u/s 141 as He Neither Signed nor Authorized Dishonored Cheques nor Managed Finances”

Blog, News, FEMA & Banking

March 4, 2025

Govt. Fixes April 10, 2025, as the Date for Closure of Residual Transactions of Banks for March 2025 | RBI

Circular No. RBI/2024-25/122 CO.DGBA.GBD.No.S954/42-01-029/2024-2025; Dated: … Continue reading “Govt. Fixes April 10, 2025, as the Date for Closure of Residual Transactions of Banks for March 2025 | RBI”

Blog, News, FEMA & Banking

February 28, 2025

IFSCA Clarifies on Interest Calculation on Late Fee Payments for Entities Undertaking Permissible Activities in IFSC

Circular No. IFSCA-DTFA/1/2025-DTFA, Dated: 26.02.2025 … Continue reading “IFSCA Clarifies on Interest Calculation on Late Fee Payments for Entities Undertaking Permissible Activities in IFSC”