Writ petition not maintainable against proceedings by banks, ARCs under SARFAESI Act: SC
Court opined that filing of writ petitions by the borrowers before the high court under Article 226 of the Constitution in the case was an "abuse of process" of the court.
Avishek Gupta to be MD & CEO of Caspian Debt; Viswanatha Prasad elevated as chairmanViswanatha Prasad pioneered impact investment in India by setting up first domestic equity fund for investing in Microfinance in India called Bellwether Microfinance Fund and followed that up with India Financial Inclusion Fund and Caspian SME Impact Fund, all of which made early investments in several market leading financial institutions and start-ups.
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