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Bank 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 … 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 … 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
Tag this Judgment! AI Brief & AskM/S Anita International Vs. Tungabadra Sugar Works Maz.Sangh and Ors.
Supreme Court of India
Jul-04-2016
Company
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 … therefor. (1A) Every bank being, multi-State co-operative bank referred to in sub- clause (vi) of clause (d) of section 2, may, at its option, opt to initiate proceedings under the Multi-State Co-operative Societies Act, 2002 (39 of 2002) … (in District Shimoga, in the State of Karnataka), on 28.9.1999.3. The State Bank of Mysore had also extended some loans to Deve Sugars Ltd.. When
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 … 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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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
Tag this Judgment! AI Brief & AskSri R Ranganatha Vs. Indian Bank
Karnataka
Apr-21-2023
Land Acquisition
before or after the date of commencement of the Enforcement of the Security Interest and Recovery of Debts Laws (Amendment) Act, 2012 from any person instead of making an application under this Chapter. 16 (1-B) In case, a bank being, … SUHAS C.S., ADVOCATE) AND: INDIAN BANK, A BODY CORPORATE CONSTITUTED UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKING) ACT, 1970, HAVING ITS HEAD OFFICE … reasons therefor. (1-A) Every bank being, multi-State co-operative bank referred to in sub-clause (vi) of clause (d) of Section 2, may, at its option, opt to initiate proceedings under the Multi-State Co- operative Societies Act, 2002 (39 of
Tag this Judgment! AI Brief & AskM.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 … 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 … of the Full Bench:- (i) Whether an action initiated in terms of Section 13(4) of the Securitisation Act, by the secured creditors, representing three-fourths in … 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 & Askionik Metallics and Others Vs. Union of India and Others
Gujarat
Apr-24-2014
Land Acquisition
assets of NBFCs are only 10 per cent of that of the banking sector.? [iv]. With regard to asset classification and provisioning norms, the working … observations in paragraph 8:- œ8. Another rule of equal importance is that laws relating to economic activities should be viewed with greater latitude than laws … the Supreme Court, on a comparative study of the Land Acquisition Act, 1894 and the Land Acquisition (Madras Amendment) Act, came to the conclusion that if a land is acquired for a housing scheme under the amending Act, … treat the Special Civil Application No. 14908 of 2012 as the lead matter. 3. The case made … as in all these matters, the questions that had arisen for consideration were whether the provisions contained in section 2 (1)(o) of the Securitisation And Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [hereinafter referred
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 … HONBLE Sr.JUSTICE RAMESH RANGANATHAN AND THE HONBLE Sr.JUSTICE M.SATYANARAYANA MURTHY WRIT PETITION No.7769 of 2015 24-04-2015 Mr.Inder Raj Agarwal.Petitioner Union of India, rep., by Secretary, Department of Co-operative societies, Secretariat, Hyderabad and three
Tag this Judgment! AI Brief & AskPratibha Ramesh Patel Vs. Union of India and Ors.
Supreme Court of India
Mar-09-2016
Education
To declare that sections 2, 12 and 15(a) of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act, 2012, which has since been notified on 3rd of January, 2013 and the said Act to have brought into … is filed mainly with the following prayers :- (a) To declare that sections 2, 12 and 15(a) of the Enforcement of Security Interest and Recovery … reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 and the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, has brought Multi State Co-operative Society within the ambit of SARFAESI ACT, 2002
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