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How To Get Your Business Funded

Contrary to popular belief, business plans do not generate business financing. True, there are many kinds of financing options that require a business plan, but nobody invests in a business plan. 2,129 more words

ACCOUNTING

United Bank of India vs. Satyawati Tondon & Ors[SC 2010 July]

Keywords:- DRT-SARFAESI Act Explained

Court must have good and sufficient reason to bypass the alternative remedy provided by statute

AIR 2010 SC 3413 : (2010) 7 SCALE 696 : (2010) 8 SCC 110 : (2010) 9 SCR 1 : JT 2010 (7) SC 651… 7,622 more words

CIVIL

Agarwal Tracom Pvt. Ltd. Vs. Punjab National Bank & Ors.[SC 2017 November]

Keywords:-Bank Loan-DRT-Power under Article 226

  1. while dealing with the petitions involving challenge to the action taken for recovery of the public dues, etc. the High Court must keep in mind that the legislations enacted by Parliament and State Legislatures for recovery of such dues are a code unto themselves inasmuch as they not only contain comprehensive procedure for recovery of the dues but also envisage constitution of quasi-judicial bodies for redressal of the grievance of any aggrieved person.
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CIVIL

Syndicate Bank vs Channaveerappa Beleri & Ors [SC 2006 April]

Keywords: Bank Credit-on demand-Bank Loan-period of limitation

  1. This Court itself had indicated that ‘live account’ means an account that is not settled. The use of the term ‘settled’ gives an indication that a ‘live account’ refers to an account where the balance has not been struck by an “account stated” or “account settled”.
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CIVIL

World Bank to fund nuclear power in South Africa?

The South African government has been driving its nuclear power plans forward over the last few months.  There have long been concerns, as recently expressed by President Zuma’s Minister of Finance, Malusi Gigaba, that South Africa cannot afford nuclear power.  1,017 more words

Government

How to decide which banks will give you the best loan?

Banks are financial institutions who perform several key functions. Among these an important one is providing loans to its customers. An individual will opt for a… 395 more words

Finance

Wells Fargo Says 3.5 Million Accounts Involved In Scandal

NEW YORK (AP) — Wells Fargo is now saying 3.5 million accounts were impacted by its fake accounts scandal, a dramatic increase from the 2.1 million accounts it originally estimated. 108 more words

News