Insights

INFORM: Infrastructure, Projects & Finance – December 2023

The highlights of the current issue are:

Notifications/circulars:

  • NHAI Accepts Insurance Surety Bond as Bid Security
  • Regulatory Measures Imposed on Consumer Credit and Bank Credit to
    NBFCs
  • RBI Releases New Guidelines for Banks and NBFCs on IT Governance and
    Cybersecurity

Case laws:

  • Pecuniary Limit of DRT Applicable to Applications Under Section 13(10) of
    SARFAESI Act
  • Court Cannot Intervene in Borrowing Arrangements Unless Compelling
    Reasons
  • Voluntarily Signed Blank Cheque Does Not Invalidate Presumption Under
    Section 139 of NIA
  • Removal Of Illegal Encroachments Can Be Done Without Notice
  • Document Not Subject to Stamp Duty May be Admitted as Secondary
    Evidence

Quick Reads:

  • NHAI Revises Guidelines to Control Cost Escalations and Speed Up Land
    Acquisition for Road Infrastructure
  • NHAI Identifies 19 Projects Eligible for Private Revival
  • RBI Set to Revamp Framework, Potential Hike in Penal Amounts