SC grants four more weeks to CBI to file reply on Swamy’s plea for probe into role of RBI officials in bank scams, Legal News, ET LegalWorld – Legal Firms

[ad_1] The Supreme Court on Friday granted four-week extension to the Central Bureau of Investigation and Reserve Bank of India to file reply on a plea filed by BJP leader Subramanian Swamy seeking probe into the alleged role of the central bank officials in various banking scams. A bench of...

NCLT admits SBI’s insolvency plea against Gayatri Projects, Legal News, ET LegalWorld – Legal Firms

[ad_1] The Hyderabad bench of the National Company Law Tribunal (NCLT) has admitted a petition by the State Bank of India (SBI) to start bankruptcy proceedings against Gayatri Projects as lenders increase pressure on the debt-laden engineering, procurement and construction (EPC) company to recover dues of over ₹6,000 crore.SBI's petition...