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Jan 06 1988

Sri. Jogendra Nama and ors. Vs. Union of India (Uoi) and ors.

Court : Guwahati

Decided on : Jan-06-1988

Subject : BankingCommercial

Acts : Reserve Bank of India Act, 1934 - Sections 20 and 45; Banking Regulation Act, 1949 - Sections 5, 6 and 21; Constitution of India - Article 14

Government-sponsored schemes and the national targets/sub-targets given to the banks, annual action plans and the resources of the banking institutions. Target Group Small and marginal farmers, agrl. labourers, non-farm workers, artisans, small businessmen, small transport operators, small-scale

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Feb 28 1935

Fanny Skinner Vs. the Bank of Upper India Limited

Court : Mumbai

Decided on : Feb-28-1935

Subject : Banking

Reported in : (1935)37BOMLR625

Blanesburgh, J.1. This is an appeal from a decree of the High Court at Allahabad, in a mortgagee Bank's suit to realise its security. In decreeing the suit the Court reversed a decree of the Subordinate Judge

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Mar 12 1993

The Janata Sahakari Bank Ltd. and Another Vs. the State of Maharashtra ...

Court : Mumbai

Decided on : Mar-12-1993

Subject : BankingCompany

Acts : Banking Regulation Act, 1949 - Sections 35A and 56; Maharashtra Co-operative Societies Act - Sections 5 and 69

Reported in : AIR1993Bom252; 1993(2)BomCR615; [1995]82CompCas707(Bom)

by the said Maharashtra Co-operative Societies Act and the Reserve Bank of India exercising its powers under the Banking Regulation Act, 1949 could not have issued a Circular giving directions and putting restrictions on the disbursement of

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Jul 14 1949

The Bank of India Ltd. Vs. the Official Liquidator

Court : Mumbai

Decided on : Jul-14-1949

Subject : Banking

Acts : Negotiable Instruments Act, 1881 - Sections 31 and 72; Companies Act, 1913 - Sections 166

Reported in : AIR1950Bom375; (1950)52BOMLR587

case is that these banks are not separate and distinct banks, but branches of one and the same banking corporation or establishment. They are, indeed, separate agencies, but agencies, of one principal, that principal being the corporation

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Jan 20 1993

Swiss Bank Corporation and Canara Bank Vs. Jai Hind Oil Mills Co. and ...

Court : Mumbai

Decided on : Jan-20-1993

Subject : BankingContract

Acts : Indian Partnership Act, 1932

Reported in : (1993)95BOMLR412

and on the same day a telex message was sent to defendant No. 2 (Swiss Bank Corporation, a banking corporation constituted under the provisions of the laws in force in Switzerland, and hereinafter referred to as 'Swiss

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Dec 18 2006

State Bank of India Vs. Moti Thawardas Dadlani and ors.

Court : Mumbai

Decided on : Dec-18-2006

Subject : Banking

Acts : Companies Act - Sections 291 and 292; Evidence Act - Sections 73; Indian contract Act - Sections 124, 125, 140 and 141; Code of Civil Procedure (CPC)

Reported in : (2007)109BOMLR483

was between the buyers and sellers. Prima-facie the attitude of Chemical Bank appears to be contrary to all banking norms and practices and the provisions of the UCP. I say prima-facie only because Chemical Bank is not

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Jun 04 1993

Vijaya Bank Vs. Nedungadi Bank Ltd.

Court : Karnataka

Decided on : Jun-04-1993

Subject : Banking

Acts : Negotiable Instruments Act, 1881 - Sections 131 and 131A

Reported in : ILR1993KAR2181; 1992(2)KarLJ587

of the plaintiff-Bank passed the Draft for payment of Rs. 9700/-. He has stated that according to the Banking practice whenever a Draft is drawn on another branch, the issuing Bank will send a letter of confirmation

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May 28 2004

Syndicate Bank Vs. Mahalaxmi Ginning Factory and ors.

Court : Karnataka

Decided on : May-28-2004

Subject : BankingCivil

Acts : Banking (Regulation) Act, 1949 - Sections 21(2) and 21A; Contract Act, 1872 - Sections 37 and 62; Code of Civil Procedure (CPC) , 1908 - Sections 34 - Order 6, Rules 1 and 2; ; Deposit Insurance and Credit Guarantee Corporation Act, 1961 - Sections 21A; Evidence Act, 1872 - Sections 3

Reported in : AIR2005Kant5; II(2005)BC230; [2004]122CompCas58(Kar)

will be entitled to charge the interest with quarterly rests or yearly rests or monthly rests, which, in banking parlance, mean charging of compound interest, by capitalising the interest at the end of a quarter or year

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Feb 26 2003

P.S. Measurements and Controls Pvt. Ltd. Vs. Technicom Systems (i) Pvt ...

Court : Karnataka

Decided on : Feb-26-2003

Subject : BankingArbitration

Acts : Arbitration and Conciliation Act, 1996 - Sections 9

Reported in : [2005]124CompCas144(Kar)

Section 9 of the Act and thereby vacating the order of injunction restraining the respondents from encashment of bank guarantee bearing Nos. 97/444 and 97/445.2. The case of the appellant is as follows :3. The appellant is

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Jan 23 2009

Canara Bank Vs. Nalgonda Co-operative Central Bank Ltd.

Court : Andhra Pradesh

Decided on : Jan-23-2009

Subject : Banking

Acts : Negotiable Instruments Act, 1881 - Sections 85A, 131 and 131A

Reported in : AIR2009AP89

enquiry or verification prior to the opening of this account.8. The defendant bank asserted that as per the banking practice no detailed enquiry is required to be made about the creditworthiness of the customer for opening of

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