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RESOLUTION FRAMEWORK – 2.0

Resolution of Covid-19 stress  of Individuals and Small Businesses / MSMEs

Introduction

Vide its circular dated August 6, 2020  on “Resolution Framework for COVID-19-related Stress” (“Resolution Framework – 1.0”) the Reserve Bank of India had provided a window to enable lenders to implement a resolution plan in respect of eligible corporate exposures without change in ownership, and personal loans, while classifying such exposures as Standard.

However with the resurgence of Covid-19 pandemic in India and the consequent containment measures implemented may impact the recovery process and create new uncertainties, RBI has issued two circulars, dated May 5, 2021.

This newsletter presents a detailed analysis of rights and duties of various stake holders. 




 Sanity  - When everything seems to be going wrong

 

New online tools aim to help treat people’s anxiety before it reaches a crisis point.

We’ll be  back, with the gowns, the coats and all those high decibel voices and boisterous laughs.  

 

 



Right to redemption under SARFAESI, Section 13(8)

What the Supreme Court said.....

- What Is A Valid Tender To A Bank

 

- Affect Of Registration Of Sale Deed 


Medical Negligence

Legal principles which would apply in cases of medical negligence -  Consent and exceptions.

By

Er. SANDEEP SURI, Advocate, BE. LLB, Chevening Scholar (London)

 

CHAITANYA SURI, NMIMS, School of Law, Mumbai



Principles of : Finality of judgment, Restitution and Compound interest, Unjust Enrichment.

The power to order such damages as part of restitution, cannot be disputed, otherwise, there can never be restitution. Unscrupulous litigants cannot derive benefit of technicalities of law by agitating the matter time and again.

  based on Indian Council for Enviro-Legal Action vs. Union of India, 2011(8) SCC 161


WHETHER TENANCY UNDER LAND LAWS IS HERITABLE?

With specific reference to

(I) Punjab Tenancy Act, 1887

(II) Punjab Security Of Land Tenures Act, 1953

(III)  Land Reforms Act, 1972

(IV)  Haryana Ceiling On Landholdings Act, 1972

 

by

Mr. Anish Setia,

Advocate, Punjab and Haryana High Court, Chandigarh

 



AMENDMENTS TO THE COMMERCIAL COURTS, COMMERCIAL DIVISION AND COMMERCIAL APPELLATE DIVISION OF HIGH COURTS ACT, 2015 AND THE RAMIFICATIONS THEREOF.

By  Aashish Chopra, Advocate, Punjab and Haryana High Court


 CONSTITUTIONAL OBLIGATION OF STATES TO HOLD PERIODIC MUNICIPAL ELECTIONS – A SPECIAL REFERENCE TO STATE OF HARYANA

 By Amit Jhanji, Advocate, Punjab and Haryana High Court, Chandigarh.


Insolvency & Banking Code - Initiating Corporate Insolvency against Guarantors without involving the Principal Borrower

SANDEEP SURI, and ROHIT SURI Advocates

Chandigarh

 

 



An anti-suit injunction is a judicial order restraining one party from prosecuting a case in another court outside its jurisdiction. The principles governing grant of injunction are common to that of granting anti-suit injunction.

 Article by Kriti Sharma and Sandeep Suri, Advocates


CD containing Telephonic recording can not be proved by secondary evidence unless requirement of Section 65-B(4) of Evidence  Act is satisfied

 Article by Er. sandeep Suri and Rohit Suri, Advocates, Punjab and haryana High Court


Guarantor under Insolvency And Bankruptcy Code, 2016


Commercial Courts

 

Mandatory Pre-Institution Mediation


SARFAESI

 

EFFECT OF LOAN TRANSFER


When the word “may’ shall mean “shall”?

Law discussed.


 

PRIV@CY 

starts from Me !

an article on the trail we leave on the net......


 

 

Ex-parte interim orders  - In financial matters can have a deleterious effect - Supreme Court


 

 

Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), Section 14

 

Powers of a District Magistrate 


Would a Cyber Attack be construed as a Force majeure? 

cyber@legis


 

  • RBI’s FAQ on RTI queries

              Subros  and Associates


Whether insurance companies can withhold payment unless full and final discharge is not given ?


Cyber attacks -Prevention

 

An article covering how to avoid being the target of a cyber attack

 

 


We look forward to receiving your articles on topics which concern us all.

Please forward the same through email to our editorial team at punjablawreporter@gmail.com.  The same shall be placed before the committee of editors for publication here. Their decision shall be final.

Please provide articles only in Word format.

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