Ajith R

Recovery Agents and their engagement : As per the RBI guidelines, Banks and Financial Institutions ('FI') can appoint external recovery agents to recover loans from defaulting customers. The recovery agents should be selected with utmost care, and their track record should be carefully scrutinized. They should be given proper training and guidance to ensure that they do not violate any law or misbehave with the customers.

Have you ever faced a situation where a former employee after resigning from the employment claims that the resignation was obtained forcefully by the employer? Such allegations are concerning and potentially damaging for an employer. Recently, the issue of resignation by an employee and discretion of an employer was dealt with by the Supreme Court ("SC") in the case of M/s Bharti Airtel Limited vs. A.S. Raghavendra1.

Introduction The Indian aviation sector has witnessed a high growth rate over the recent years due to reasons such as overall economic growth, increase in passenger traffic, infrastructure upgrade and policy initiatives. Majority of the aircraft being operated in India are held by airlines on lease- hold basis. Due to this reason, repossession rights of the lessor in the event of default by lessee assumes utmost importance.