Bihar State Bank Holidays 2024

The Government of Bihar declared the following public holidays for the year 2024 under explanation to section 25 of the Negotiable Instrument Act 1881 as per gazette notification dated 11th September 2023 (Schedule 4). Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 22.03.2024 Friday BIHAR DAY 3 26.03.2024 Tuesday HOLI 4 27.03.2024…

All information on the PPF scheme: New rules come into effect with several changes

Originally posted on December 21, 2019, updated on 09.11.2023 The government issued a notification on November 9, 2023, making several important changes in the popular Senior Citizen’s Savings Scheme (SCSS), Public Provident Fund (PPF), and 5-year post office time deposit. New rules for premature closure of Account: The earlier rule says; “Provided further that on…

IBC Resolution Plan Can’t Ignore Government Dues: Supreme Court Dismisses batch of Review Petitions

The Supreme Court on Tuesday (October 31) dismissed a batch of review petitions filed against a 2022 judgment which held that the definition of a secured creditor under the Insolvency and Bankruptcy Code (IBC) 2016 included any government or governmental authority and that a resolution plan which ignored dues to the government was liable to…