The RBI has reportedly issued a directive requiring observers on the boards of NBFCs to be appointed as directors. This significant shift will affect how investors engage with the management of their ...
Published On: 10/10/2018
Practice Area: Banking & Finance, Government & Regulatory
Authors:

Lomesh Kiran Nidumuri

Anish Munu
This alert highlights the key changes introduced under the Amendment, and considers their impact on the complainant (the "Complainant") and the drawer (the "Drawer") of dishonored cheques.