Court : Chennai
Decided on : Jan-29-1971
Reported in : [1971]41CompCas890(Mad)
..... , 12th edition, at pages 224 and 225, where the following passage occurs: ' similarly, section 6 of the finance act, 1898, provided, for the removal of doubts, that the definition of ' conveyance on sale' in the stamp act, 1891, included an order for foreclosure. it was held that section 6 was declaratory and therefore retrospective, so that ..... india, functioning and working (1970), sets out its main functions, at page 4, as follows : 'the main functions of a central bank are broadly the same all over the world, namely, acting as note issuing authority, bankers' bank and banker to government. the scope and content of policy objectives vary from country to country and ..... was established on april 1, 1935, by the reserve bank of india act, 1934, even before the establishment of the reserve bank, suggestions were made that there should be a central bank in india, and the royal commission on indian currency and finance had recommended in 1926 that the currency and credit of the country could .....
Tag this Judgment!Court : Chennai
Decided on : Jan-29-1971
Reported in : (1973)2MLJ72
..... of statutes, 12th edition, at pages 224 and 225 where the following passage occurs:similarly section 6 of the finance act 1898, provided, for the removal of doubt, that the definition of 'conveyance on sale' in the stamp act 1891, included an order for foreclosure. it was held that section 6 was declaratory and therefore retrospective, so ..... bank of india, functioning and working (1970) sets out its main functions at page 4 as follows:the main functions of a central bank are broadly the same all over the world, namely, acting as note issuing authority, bankers' bank and banker to government. the scope and content of policy objectives vary from country to country ..... india was established on 1st april, 1935, by the reserve bank of india act, 1934. even before the establishment of the reserve bank, suggestions were made that there should be a central bank in india and the royal commission on indian currency and finance had recommended in 1926, that the currency and credit of the country could .....
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