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Anil Ambani Faces Personal Insolvency: NCLT Mumbai Holds Personal Guarantee Not Discharged By RCOM Resolution Plan, Admits SBI’s Rs 853 Crore Petition [Read Order]
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Anil Ambani Faces Personal Insolvency: NCLT Mumbai Holds Personal Guarantee Not Discharged By RCOM Resolution Plan, Admits SBI’s Rs 853 Crore Petition [Read Order]

NCLT admits SBI’s ₹853 crore insolvency plea against Anil Ambani, holding his personal guarantee remains enforceable despite RCOM’s resolution plan.

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SC Pulls Up SBI, Says Banks Harass Small Borrowers While Being Lenient With Big Defaulters [Read Order] Judiciary
SC Pulls Up SBI, Says Banks Harass Small Borrowers While Being Lenient With Big Defaulters [Read Order]

Supreme Court criticised SBI and banks for being lenient with big defaulters while subjecting small borrowers to borderline harassment.

Every Section 498A IPC Conviction Can’t Automatically Translate into an Offence of Moral Turpitude: Punjab & Haryana HC [Read Order] Judiciary
Every Section 498A IPC Conviction Can’t Automatically Translate into an Offence of Moral Turpitude: Punjab & Haryana HC [Read Order]

Punjab & Haryana HC rules Section 498A IPC conviction doesn’t automatically amount to moral turpitude; mandates case-specific assessment before service action.

When Multiple Documents On Same Property Are Challenged, Court Fee Payable Only On Principal Relief: Kerala HC [Read Judgment] Judiciary
When Multiple Documents On Same Property Are Challenged, Court Fee Payable Only On Principal Relief: Kerala HC [Read Judgment]

Kerala High Court rules that when multiple documents on the same property are challenged, court fee is payable only on the principal relief.

Reliance Industries Leads ₹95,447 Crore Market Cap Gain Among Top Indian Firms Business
Reliance Industries Leads ₹95,447 Crore Market Cap Gain Among Top Indian Firms

Reliance leads weekly market surge as top Indian firms gain ₹95,447 crore in market cap, driven by strong performance from RIL, SBI, Airtel, and LIC.

SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]

SC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.

State Bank of India Funds Hero Future Energies' Hybrid Project in Kurnool

Hero Future Energies secures ₹1,024 crore SBI loan for 60 MW hybrid project in Kurnool, blending solar, wind & battery storage for reliable power.

SC recalls May 2 judgment scrapping JSW Steel's resolution plan for Bhushan Power and Steel Ltd

SC recalls its May 2 verdict cancelling JSW Steel’s ₹19,300 Cr resolution plan for Bhushan Power; matter to be heard afresh on August 7.

Allahabad High Court Upholds SBI’s Rejection of Compassionate Appointment, Cites Absence of Financial Distress [Read Order]

Allahabad High Court dismisses plea for compassionate appointment, citing sufficient family income and absence of financial distress.

Delhi HC directs SBI to compensate customer in Cyber Fraud Case, emphasises bank’s responsibility in digital security [Read Judgment]

Delhi High Court directs SBI to compensate Rs. 2.60 lakh to a cyber fraud victim, emphasizing banks’ responsibility to ensure digital security and swift action.

No disciplinary proceedings allowed against employee after retirement: SC [Read Judgment]

SC rules disciplinary proceedings cannot start after employee’s retirement or extended service. SBI directed to release pending dues within six weeks.

SC orders Jet Airways Liquidation: Overturns NCLAT approval of Jalan Kalrock Consortium Plan

Supreme Court orders liquidation of Jet Airways, overturns NCLAT’s approval of Jalan Kalrock Consortium plan. Major impact on creditors and airline’s future.

Furnished all details of Electoral Bonds with serial numbers to EC, SBI tells SC

SBI complies with SC order, submits Electoral Bond details to EC. Alphanumeric numbers disclosed, account holder info withheld for security.

SC rejects plea to direct SBI reveal details of EBs prior to April 12, 2019

SC rejects plea to compel SBI to reveal Electoral Bond details prior to April 12, 2019, but mandates transparency for future disclosures to the Election Commission.

SC asks SBI why it didn't furnish unique numbers on EBs [Read Order]

The Supreme Court questions SBI for not disclosing unique numbers on Electoral Bonds, issues notice, and orders data digitization for ECI website upload.

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