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State Bank of India and Others Vs. State of Maharashtra, through the S ...
Mumbai
Mar-22-2016
Land Acquisition
accordingly the RBI is the sole regulator of the banking business and activities of banks in India. Further, sub-section (2) of section 6 of the Banking Regulation Act specifically provides that a banking company shall not carry on … of Certiorari or any other appropriate writ, order and/or direction and declare that the Maharashtra Tax Laws(Levy and Amendment)Act, 2013 insofar as it enacts the Stamp Act Amendment (Exhibit A) is ultra vires and void on account … order and/or direction to declare that the Maharashtra Act No. X of 2012 insofar as it enacts Registration Act Amendments (Exhibit B) is ultra vires … Bank who seeks to intervene in the proceedings and equally by the Central Bank of India. Since both of them have been impleaded as party-respondents
Tag this Judgment! AI Brief & AskMr.Inder Raj Aga Vs. Union of India, Rep., by Secretary, Depa
Andhra Pradesh
Apr-24-2015
Land Acquisition
measures under the SARFAESI Act; Section 56 of the Banking Regulation Act was amended in furtherance of the Banking Laws (Amendment) Act 2012 which came into force with effect from 05.01.2013; Section 56 of the amended Banking Regulation Act specifically includes … Hyderabad and three otheRs.Respondents Counsel for the petitioner: Sr.T. Vinod Kumar Counsel for respondent No.1: Standing Counsel for Central Government Counsel for respondent No.2: Government Pleader for Cooperative Counsel for respondent No.3: Sr.K. Gopalakrishna Murty. ?. Citations:
Tag this Judgment! AI Brief & AskKerala State Co-operative Agricultural And Rural Development Bank Ltd. ...
Supreme Court of India
Sep-14-2023
Direct Taxation
shall apply to a primary credit society carrying on banking business on or before the commencement of the Banking Laws (Amendment) Act, 2012, for a period of one year or for such further period not exceeding three years, as the Reserve … the Registrar of Co-operative Societies, Trivandrum, 3 recognizing it as a co-operative Central Land Mortgage Bank incorporated on the basis of limited liability under Section … by the Kerala Public Service Commission.’ 6. The State Act, 1969 defines “co-operative society with limited liability” in Section 2(g) as a society in which the liability of its members for the debts of the society in the
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M.Arumugam Vs. State of Tamil Nadu
Chennai
Jan-29-2013
Land Acquisition
made through the ordinance was carried through under the Amending Act under the Tamil Nadu Co-operative Societies (Third Amendment) Act, 2012 (Act 37 of 2012). Section 21(2)(i) was amended, whereby, the expression "or by the general body where there … make provisions for co-option of persons to be members of the board having experience in the field of banking, management, finance or specialisation in any other field relating to the objects and activities undertaken by the co-operative … elected by the board of any co-operative society; (f) Registrar" means the Central Registrar appointed by the Central Government in relation to the multi-State co-operative … thereof as he may specify in the notification. 243ZT. Continuance of existing laws.--Notwithstanding anything in this Part, any provision of any law relating to co-operative
Tag this Judgment! AI Brief & AskSalem Textiles Limited Vs. Authorized Officer of Phoenix Arc Private L ...
Chennai
Apr-22-2013
Land Acquisition
the third in the year 2004 in the form of Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2004. Companies (Second Amendment) Act”25. First let us take note of what led to the Companies (Second Amendment) … of BIFR:5. 8.1 The Committee had the benefit of hearing the views of the Union Labour Secretary, Union Banking Secretary and experts representing financial institutions, commercial bodies and Indian Bankers Association on the subject. These organisations and … tabular form, the status of cases filed in the years 1987 to 2012 and which are still pending, despite a lapse of 25 years. It … to set up Industrial Financial Corporations, on the same lines as the Central Financial Corporations set up under Act XV of 1948 by the Central … (i) Whether an action initiated in terms of Section 13(4) of the Securitisation Act, by the secured … HONOURABLE MR. JUSTICE M.DURAISWAMY Writ Petition No.26905 of 2011 M/s.Salem Textiles Limited, Having its Registered Office at
Tag this Judgment! AI Brief & AskThalappalam Ser.Coop.Bank Ltd.and ors. Vs. State of Kerala and ors.
Supreme Court of India
Oct-07-2013
Right to Information
Sagar Thomas and Others (2003) 10 SCC733 held as follows:“32. Merely because Reserve Bank of India lays the banking policy in the interest of the banking system or in the interest of monetary stability or sound economic … that, according to Section 2(h) of the Act all institutions formed by laws made by state legislature is a “public authority” and therefore all co-operative … in the co-operative institutions and to insulate them to avoidable political or bureaucratic interference brought in Constitutional (97th Amendment) Act, 2011, which received the assent of the President on 12.01.2012, notified in the Gazette of India on 13.01.2012 … which are not owned, controlled or substantially financed by the State or Central Government or formed, established or constituted by law made by Parliament or
Tag this Judgment! AI Brief & AskBhasin Tobaccos Ltd. & Ors. Vs.gambro Nexim (India) Medical Ltd. & ...
Delhi
Jan-21-2019
Land Acquisition
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 under the Multi-State Co-operative Societies Act, 2002 shall be continued and nothing contained in this section shall, after … shall exercise, on and from the date to be appointed by the Central Government, the jurisdiction, powers and authority to entertain and decide applications under … Mr. Sunil Magon, Adv. for D-4&5. Mr. Ayush Chaudhary, Adv. for Mr. Gautam Awasthi, Adv. for D- 6/Indian Bank. CORAM: HON'BLE MR. JUSTICE RAJIV SAHAI ENDLAW IA No.13912/2018 of the defendants no.1 to 3 under Order VII … HIGH COURT OF DELHI AT NEW DELHI Date of decision:21. t January, 2019. CS(COMM) 962/2016, CCP No.128/2013, IA No.20451/2013 (u/O XXXIX R-1&2 CPC), IA No.2160/2014
Tag this Judgment! AI Brief & AskGovernment Of Maharashtra, (water Resources Department) Vs. M/s Borse ...
Supreme Court of India
Mar-19-2021
Land Acquisition
suits, appeals and applications filed in a court under special or local laws also, even if it prescribes a period of limitation different from what … as a mechanism providing for alternate dispute resolution. This original objective is continued by the Arbitration and Conciliation (Amendment) Act, 2015 [“2015 Amendment”]. which provides a time limit for arbitral awards and for fast track procedure contained in … this Court was faced with the interpretation of section 2(1)(d) of the Protection of Children from Sexual Offences Act, 2012. This provision reads as follows: “(2)(1)(d) "child" means any person below the age of eighteen years;” 48 44. … SCC791[“Hongo”]. which dealt with section 35-H(1) of the Central Excise Act, 1944 [“Central Excise Act”].. He also … then referred to judgments under different statutes such as the Insolvency and Bankruptcy Code, 2016 [“IBC”]. and the Electricity Act, 2003 in which section 5
Tag this Judgment! AI Brief & AskBank Of Rajasthan Ltd. Vs. Vck Shares And Stock Broking Services Ltd.
Supreme Court of India
Nov-10-2022
Land Acquisition
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 (1 of 2013) under the Multi- State Co-operative Societies Act, 2002 (39 of 2002) shall be continued and … order made, or deemed to have been made, by a Tribunal under this Act. [(2A) Without prejudice to sub-section (2), the Appellate Tribunal shall exercise, on and from the date to be appointed by the Central Government, the … this Court in Nahar Industrial Enterprises Ltd. v. Hong Kong and Shanghai Banking Corporation,1 a suit filed by a borrower against the bank was not
Tag this Judgment! AI Brief & AskAmrit Jal Ventures Private Limited Vs. Srei Infrastructure Finance Lim ...
Kolkata
Aug-02-2016
Land Acquisition
co-operative bank pending before the date of commencement of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 under the Multi-State Co-operative Societies Act, 2002 (39 of 2002) shall be continued and nothing contained in this … upon a decision of the Hon’ble Supreme Court in Nahar Industrial Enterprises Limited versus Hong Kong and Shanghai Banking Corporation reported at (2009) 8 SCC646and Indian Bank versus ABS Marine Products (P) LTD.reported at (2006) 5 SCC72 … the “RDB Act”) is pending before the Debt Recover Tribunal, is the central issue in this application for appointment of an arbitrator. The respondent contends … an arbitrator at the instance of a borrower when a proceeding under Section 19 of the Recovery of Debts Due to Banks and Financial Institutions … SIDE BEFORE:THE HON’BLE JUSTICE SOUMEN SEN A.P.No.6 of 2016 AMRIT JAL VENTURES PRIVATE LIMITED versus SREI INFRASTRUCTURE
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