5 Legal Technology Solutions NBFCs Need
NBFCs are non-banking companies that carry the business of a financial institution. The rapid growth in technology is palpable globally, and it is also making lives easier and simpler for everyone. Technology has revolutionized legal
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Private Notices- Examples and Citations
Private notices are a type of legal notice that is issued by a private individual or organization, as opposed to a government agency. They are typically used to provide notice of a legal action or
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ODR – A Necessity for Seamless BNPL
With the emergence of technology, resolving disputes has also changed dramatically. It peaked during Covid-19 times, and there has been a massive shift in the legal hearings globally. Online hearings and virtual e-filings have become
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Choosing Loan Accounting Software for an NBFC
Banks and NBFCs need loan accounting software as that helps in the process of sanctioning a loan. This software handles all the functions of obtaining a loan, from the inquiry of the loan to end-to-end
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A Guide to Business Loan Recovery
Every business, whether it be MSME (i.e., Mini, micro, or small enterprises), partnership, corporation, or Limited Liability Company (LLC), needs a business loan at some point. While the number of business loan borrowers is increasing,
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Arbitration and Conciliation – Two sides of the same coin, yet different.
Arbitration and conciliation are two methods of dispute resolution. Arbitration is a process in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on
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Supreme Court struck down the pre-deposit clauses to invoke Arbitration
In a path-breaking judgment, the Supreme Court has observed that pre-deposit clauses to invoke arbitration would clog the arbitral process ineffective and make it expensive. In the case of M/s. Icomm Tele Ltd. Vs. Punjab State
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Arbitration v. Litigation : What Is The Difference
Owing to the nature of humans usually, conflicts and disputes are inevitable. Hence the need for the existence of dispute resolution mechanisms in order to prevent anarchy in society. Court litigation is the usual method
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