Banking & Finance

04. 01
2023
By

SEBI’s Guidance to Deepak Nitrite: Caution Before QIP

In pursuance with the application letter dated February 11, 2022 (“Application”), Deepak Nitrite Limited (the “Company”) recently sought guidance from the Securities and Exchange Board of India (“SEBI”). The Board of Directors of the Company (“Board”) prior to making the Application, announced a qualified institutional placement of equity shares of the Company up to INR […]
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19. 01
2021
By

A Summary on Cheque Dishonour Cases

Section 138 of the Negotiable Instruments Act, 1881 creates a statutory offence in the matter of dishonour of cheques on the ground of insufficiency of funds in the account maintained by a person with the banker. Objective The objective of the act is to define the various negotiable instruments such a, promissory notes, bills of […]
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