Supreme Court: Retain Panel Lawyers for 6 Weeks After Government Change

The Supreme Court has directed States and Union Territories to retain their panel lawyers for at least six weeks after a change in government to prevent unnecessary adjournments in court proceedings. The directive aims to ensure the smooth functioning of courts and avoid inconvenience to litigants. This order followed a hearing of a bail plea by an individual accused of cheating in an examination conducted by the Uttarakhand government.

RBI Imposes Restrictions on Paytm Payments Bank Over Regulatory Concerns, Bans Incremental Services from March 2024

The RBI’s crackdown on PPBL culminated in a series of directives issued in early 2024, following a detailed audit that uncovered a range of compliance failures. Notably, the central bank’s decision to bar PPBL from accepting new deposits or top-ups in customer accounts, prepaid instruments, wallets, and FASTags was slated to take effect after February […]