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Sri. Jogendra Nama and ors. Vs. Union of India (Uoi) and ors.
Guwahati
Jan-06-1988
BankingCommercial
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
Tag this Judgment! AI Brief & AskFanny Skinner Vs. the Bank of Upper India Limited
Mumbai
Feb-28-1935
Banking
(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
Tag this Judgment! AI Brief & AskThe Janata Sahakari Bank Ltd. and Another Vs. the State of Maharashtra ...
Mumbai
Mar-12-1993
BankingCompany
Banking Regulation Act, 1949 - Sections 35A and 56; Maharashtra Co-operative Societies Act - Sections 5 and 69
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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The Bank of India Ltd. Vs. the Official Liquidator
Mumbai
Jul-14-1949
Banking
Negotiable Instruments Act, 1881 - Sections 31 and 72; Companies Act, 1913 - Sections 166
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
Tag this Judgment! AI Brief & AskSwiss Bank Corporation and Canara Bank Vs. Jai Hind Oil Mills Co. and ...
Mumbai
Jan-20-1993
BankingContract
(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
Tag this Judgment! AI Brief & AskState Bank of India Vs. Moti Thawardas Dadlani and ors.
Mumbai
Dec-18-2006
Banking
Companies Act - Sections 291 and 292; Evidence Act - Sections 73; Indian contract Act - Sections 124, 125, 140 and 141; Code of Civil Procedure (CPC)
(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
Tag this Judgment! AI Brief & AskVijaya Bank Vs. Nedungadi Bank Ltd.
Karnataka
Jun-04-1993
Banking
Negotiable Instruments Act, 1881 - Sections 131 and 131A
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
Tag this Judgment! AI Brief & AskSyndicate Bank Vs. Mahalaxmi Ginning Factory and ors.
Karnataka
May-28-2004
BankingCivil
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
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
Tag this Judgment! AI Brief & AskP.S. Measurements and Controls Pvt. Ltd. Vs. Technicom Systems (i) Pvt ...
Karnataka
Feb-26-2003
BankingArbitration
Arbitration and Conciliation Act, 1996 - Sections 9
[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
Tag this Judgment! AI Brief & AskCanara Bank Vs. Nalgonda Co-operative Central Bank Ltd.
Andhra Pradesh
Jan-23-2009
Banking
Negotiable Instruments Act, 1881 - Sections 85A, 131 and 131A
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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