The National Company Law Appellate Tribunal through notice dated 24.05.2021 has revised the standard operating procedure dated 03.01.2021. The revised SOP allows Learned Advocates or Authorized representatives to e-file appeal/interlocutory application/reply/rejoinder or undertakings till the tribunal commence physical hearings. The e-forms shall be filed in the same format hard copies are filed as per NCLAT Rules, 2016.
RBI FAQs on the circular on ‘Reset of Floating Interest Rate on Equated Monthly Installments (EMI) based Personal Loans’
The circular exclusively applies to EMI-based personal loans. It does not extend to other loan types, such as business or commercial loans. Personal loans, as