Just days ahead of the expiry of the Supreme Court deadline to Anil Ambani to pay Ericsson dues, the NCLAT Friday refused to direct State Bank of India to release Rs 259 crore of income tax refund for making such payment, saying it does not has jurisdiction to do that.
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Just days ahead of the expiry of the Supreme Court deadline to Anil Ambani to pay Ericsson dues, the NCLAT Friday refused to direct State Bank of India to release Rs 259 crore of income tax refund for making such payment, saying it does not has jurisdiction to do that.
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Latest development in the Jet Airways insolvency case. SBI today filed a caveat in NCLAT to ensure smooth insolvency process and no intervention by the Netherlands Court.
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SBI used to charge Rs. 2 for fund transfers up to Rs. 10,000 through NEFT using internet or mobile banking modes. Now that has been reduced to Rs 1 (excluding 18 per cent GST). For NEFT transactions from Rs 10,000 to Rs 1 lakh, the charge has been reduced to Rs. 2 from Rs. 4 earlier. Similarly, SBI has revised its fees for fund transfers between Rs 2 lakh and Rs 5 lakh through RTGS on its net and mobile banking platform, to Rs 5. This charge was Rs 20 earlier.
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Supreme Court stays NCLAT order in Essar Steel case, says once commercial wisdom of CoC takes place, one can't act as resolution professional
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Tata Group patriarch Ratan Tata on Friday filed a petition in the Supreme Court seeking to quash a company law appellate court order directing the group's holding company Tata Sons to rehire the chairman it had fired in 2016, saying the judgment was 'wrong, erroneous and contrary to the record of the case'.
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