Supreme Court: Need to probe nexus of ARCs, banks and borrowers | India News

Supreme Court flags ARC-borrower-bank scam, seeks replies NEW DELHI: Expressing concern over an alleged nexus between asset reconstruction companies (ARCs), borrowers and banks resulting in the siphoning of thousands of crores of public money, Supreme Court Friday sought responses from Union home and finance ministries as well as RBI and Serious Fraud Investigation Office in…

Read More

Bengal cops start probe into TMC’s bank accounts | India News

Bengal cops start probe into TMC’s bank accounts KOLKATA: A dissident MLA’s complaint alleging substantial unaccounted deposits in Trinamool Congress‘s name led Bengal Police to open a probe Friday into the party’s bank accounts under penal sections pertaining to organised crime, cheating and criminal conspiracy. Bidhannagar police commissionerate’s cybercrime wing registered the case under BNS…

Read More

Supreme Court proposes statutory fund to aid first-generation lawyers, will examine women’s infra issues | India News

Supreme Court bench led by CJI Surya Kant proposed creation of a statutory fund NEW DELHI: To remedy the charge that courts and tribunals are hostile to women and first-generation advocates, particularly those from poor and marginalised sections of society, a Supreme Court bench led by CJI Surya Kant proposed creation of a statutory fund…

Read More