NCLT reserves order on RBI’s plea to commence insolvency against Reliance Capital
Before that Ravi Kadam, senior advocate, appearing for the RBI informed the Mumbai bench of the National Company Law Tribunal (NCLT) that under the IBC, only the regulator has the power to initiate CIRP against financial services providers.
Kotak breaks crypto ice with account for WazirXAfter almost eight months of payment freeze by most high-street banks that continue to shun crypto investors and bourses, Kotak Bank will do business with WazirX, one of the country's largest crypto exchanges.
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