by Administrator | Apr 2, 2015 | Banking Laws, Law Reviews
An Act no. 54 of the year 2002 being ‘The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002’ was the legislation enacted by Parliament of India with the aim and object to provide for regulation of securitisation and...
by Administrator | Apr 1, 2015 | Banking Laws, Law Reviews
The Act is to be known as “The Indian Stamp Act, 1899”. Act came into force on 1st day of July, 1899. It extends to whole India except state of Jammu and Kashmir, and also states or territories which are constituted on 1st November, 1899 in part B; this will not...
by Administrator | Apr 1, 2015 | Banking Laws, Law Reviews
The Act is said to be “The Rehabilitation Finance Administration Act, 1948”. It was enacted on 23rd March, 1948. It extends to whole India except Jammu and Kashmir. Basic purpose of enacting the act was, to form a Rehabilitation Finance Administration to give...
by Administrator | Mar 30, 2015 | Banking Laws, Law Reviews
The Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act has been incorporated on 30th December 1983. This Act has been established to bestow for the commitment of public financial institution as to fidelity and secrecy. The Public Financial...
by Administrator | Mar 30, 2015 | Banking Laws, Law Reviews
The Public Debt Act has been established on 22nd November 1944. This is an Act framed to consolidate and amend the laws in relation to Government Securities and in relation to the maintenance of Government public debt by the Reserve Bank of India. Several Transactions...
by Administrator | Mar 4, 2015 | Banking Laws, Law Reviews
The National Housing Bank Act was passed on 23rd December 1987, Act enacted to constitute a bank known as the National Housing Bank with its principal objective to provide housing financial institutions and to support other financial institution, Act to fulfill its...