by Administrator | May 23, 2016 | Banking Laws, Case Brief, Service and Labour Laws
Process of Dismissal from Service: Court observed that ‘holding of an inquiry being mandatory requirement of a disciplinary inquiry’ in case where charges are refuted. Civil Appeal No. 2265 of 2011 Bench: Justice Abhay Manohar Sapre; Justice Ashok Bhushan Case Brief:...
by Administrator | Mar 8, 2016 | Banking Laws, Bare Acts Reviews, Law Reviews
The Act to further amend the provisions of the Regional Rural Banks Act, 1976 (Act no. 21 of 1976) is enacted by the Parliament of India as ‘The Regional Rural Banks (Amendment) Act, 2015 (Act no. 14 of 2015). The Bill in connection to this law was introduced by the...
by Administrator | May 19, 2015 | Banking Laws, Law Reviews
The Regional Rural Banks Act has been incorporated on 9th February, 1976. This Act has been established to incorporate, regulate and to windup of such Regional Rural Banks with the intention to develop agriculture, trade & Commerce, Industrial and such other...
by Administrator | Apr 24, 2015 | Banking Laws, Law Reviews
The State Bank of India (Subsidiary Banks) Act, 1959 (Act no. 38 of 1959) being the Act of parliament was enacted with the object to make provisions to set up certain Government Banks or Government Associated Banks as subsidiary of the ‘State Bank of India’-SBI. And...
by Administrator | Apr 24, 2015 | Banking Laws, Law Reviews
An Act of Parliament enacted with the short title as ‘The State Financial Corporations Act, 1951’ (Act no. 63 of 1951). A Central Industrial Finance Corporation was set up under the Industrial Finance Corporation Act, 1948 for providing medium and long term credit to...
by Administrator | Apr 12, 2015 | Banking Laws, Law Reviews
An Act of Parliament being the State Bank of Hyderabad Act, 1956 (Act no. 79 of 1956) was enacted by the Central Government in the 7th year of republic of India with the view to make provisions for transferring the share capital in the Hyderabad State Bank to the Apex...