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Judgment Search Results Home > Cases Phrase: state bank of india act 1955 section 21 c local committees Page 10 of about 12,201 results (0.368 seconds)

Feb 14 2013 (HC)

Virender Kumar Gaur Vs. State Bank of India and ors.

Court : Delhi

..... 20th may, 1986, some of the officials of the directorate of enforcement, new delhi inspected the extension counter of indira gandhi international airport of the state bank of india and found a bag containing foreign exchange of us $800 and saudi riyan 8350 of the appellant. ..... account of these facts, the appellant was suspended by the state bank of india and departmental enquiry was initiated against him. ..... the appellant was working in the state bank of india, new delhi as officer junior management scale-i and at the relevant time was posted at indira gandhi international airport extension ..... versus state bank of india & ors ..... state bank of india & ..... the said recovery from the personal bag of the appellant was effected and the same was treated in violation of fera act and the rules framed thereunder as the appellant was not able to give any satisfactory answer for his personal possession of the foreign ..... under these circumstances, it was observed that the managing director had acted in hottest haste and therefore, the decision of the disciplinary authority suffered from bias ..... he filed a suit for declaration stating that enquiry report dated 30.3.1993 and the order dated 16.6.94 passed by the appellate authority upholding his dismissal are bad in ..... the bank examined four witnesses against him namely sh.n.p.seshan (pw-1), sh.s.b.nigam (pw-2), sh.k.k.sharma (pw-3) & sh.r.k.handoo (pw-4) and exhibited number of ..... (ii) whether the suit is barred under the provisions of the specific relief act? .....

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Jan 12 2015 (SC)

Vinayak Narayan Deosthali Vs. C.B.I.

Court : Supreme Court of India

..... 277 which shows that securities worth rs.17 crores were transferred from state bank of india from the account belonging to accused no.3 (harshad mehta) on 21st october, 1991 to state bank of saurashtra (another account belonging to harshad mehta) and on the same day they were again transferred from state bank of saurashtra to uco bank sgl account no.065 (ext.272) and then to uco bank sgl account no.032 on 25th october, 1991 (ext.282) without any instructions from the uco bank head office. ..... to further assert her argument that the accused in the process of effecting those cover up transactions indulged in illegal acts, learned senior counsel explained that even though there was no instruction from the uco bank head office, the accused-appellant directed the reserve bank to transfer securities worth rs.2 crores from account no.065 to account no.032 (cover up transaction 'a' above) blatantly misusing his position as a public servant. ..... judgment dated 3rd december, 2004 of the special court (trial of offences relating to transactions in securities) at bombay in special case no.3 of 1995 whereby the special judge convicted and sentenced the appellant for the offences under sections 409/120b, 403, 477-a/109, ipc and section 13(2) read with section 13(1)(d) of the prevention of corruption act, 1988.2. ..... aggrieved by the judgment of the special judge, the appellant filed this appeal under section 10 of the special court (trial of offences relating to transaction in securities) act, 1992. .....

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Nov 28 2007 (SC)

Personal Manager, Sbi and anr. Vs. Krishna Grameena Bank Employees Uni ...

Court : Supreme Court of India

Reported in : 2008(1)KarLJ62; (2008)ILLJ894SC; 2007(3)SCALE575; 2007AIRSCW7669; 2008–I-LLJ-894; 2008LabIC474; 2007(8)Supreme675; 2008(2)KLJ62; 2008(1)AIRKarR330

..... is exercisable by the government of india under section 18 of the state bank of india act, 1985 and not the nabard act. ..... on 9.6.1989 an agreement was entered into between the state bank of india and its federation, called the 'fifth bipartite settlement' wherein revised functional allowance for workmen was agreed to be paid and each 'cashier in charge of cash' was to be paid allowance of rs. ..... in the state bank of india and the sponsored bank there are two posts as cash officer and clerk cum cashier who ..... state bank of india ..... the tribunal never applied the principle of 'equal pay for equal work' and on the other hand was of the view that the employees of the regional rural banks will be entitled to claim parity with the officers and other employees of the sponsor banks in the matter of pay scales, allowances and other benefits and for determining the parity, it left the matter to be decided by the central government in consultation ..... government of india issued instructions to all sponsor banks and rrbs for implementing nit award and recommendation of the pay equation committee. ..... on 16.1.1991 government of india constituted an equation committee pursuant to the observations made in the award wherein it was provided that 'allowances and benefits' which are provided in the bipartite settlement of the concerned sponsored bank may be extended to the ..... the equation committee does not say that the two posts are equal because ..... was that the details were to be adopted by the equation committee. 8. .....

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Feb 22 2000 (HC)

Vij Sales Corporation Vs. Lufthansa, German Airlines

Court : Delhi

Reported in : 2000IIIAD(Delhi)146; AIR2000Delhi220; 87(2000)DLT195; 2000(54)DRJ46

..... on 6th august 1976 the state bank of india, foreign exchange department, new delhi branch sent the documents to state bank of india, south hall branch, middle sex, uk for handing them over to ..... 1976 the plaintiff handed over documents as noted in para 4 of the plaint to state bank of india, foreign exchange department, new delhi for collection of the amount through its counterpart state bank of india, london, uk from m/s. r.k. ..... the consignee shown in the airway bill was state bank of india, south hall branch, middlesex, uk and not ..... d-1 state bank of india, south hall, middlesex, uk is shown as the consignee ..... state bank of india, uk branch sent a number of reminders to ..... amended written statement by way of preliminary objections it is alleged that the suit is barred by limitation by rule 29 of the first schedule as also by rule 30 of second schedule to carriage by air act, 1972; the plaint does not disclose any cause of action, this court has no jurisdiction to try the suit and the suit is bad for non-joinder of necessary parties. 4. ..... in question was booked with the defendant at new delhi, a part of cause of action within the meaning of section 20(c) cpc had accrued within the territorial jurisdiction of this court. ..... the plaintiff did not examine any official from any of the scheduled banks to depose about the rate of interest which was prevailing durin the years ..... is alleged that the defendant did not receive the bank's delivery order and thereforee, the consignor incurred heavy .....

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Oct 12 2004 (HC)

E.K. Andrew Vs. State Bank of India

Court : Kerala

Reported in : [2005(106)FLR954]

..... the learned standing counsel for the stale bank of india submits the automatic application of section 45 of the banking regulation act could not have been there, since the amalgamation had taken place in the year 1985, whereas finality to the legal proceedings as concerning the petitioner came only in the year 2001 ..... the stand of the state bank of india is that in respect of other employees, such service has not been taken notice of ..... the contentions of the state bank of india, and the reserve bank, by ext. ..... in the meanwhile, by an amalgamation proceedings, the bank of cochin became part of the state bank of india on 26.8.1995. ..... the state bank of india had come to the scene only because of the ..... panicker entered appearance for the state bank of india.10. ..... state bank was not in error at all, since the petitioner had been removed from the position of chairman of the bank of cochin by the reserve bank of india. ..... if there has been any oversight in the matter of appropriate fixation, i direct the state bank to set right the mistake, and after recalculating the emoluments, they are directed to give the resultant benefits to petitioner in all respects ..... his rights had been declared only years later and the state bank could not have been condemned for not anticipating such matters, as the clock could not have been set ..... counsel further points out that the post of deputy general manger in the state bank of india is a scale-vi post, which is a selection post from senior scale manager grade scale-v .....

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May 21 2014 (TRI)

Kishor Chandrakant Rathod Vs. the Managing Director, Icici Prudential ...

Court : National Consumer Disputes Redressal Commission NCDRC

..... the conclusion of the honble state commission has erred in ignoring the fact that it is peremptory in nature and requires honble district forum before admit the complaint that it is within limitation clause under cpa act sec 24a and also record in writing the reason agreed with application for condonation of delay as citation of the apex court judgment on case of state bank of india v/s m/s b.s.agricultural on ..... state bank of india ..... judgment of the honble state commission passed in first appeal without applying its judicial mind and being against the principles of natural law of justice and under the constitution of india any institution like icici prudential ..... the honble state commission has erred in ignoring the fact that respondent neither having attended district forum after giving thirteen hearing dates and nor submitted the written arguments and interrogatory reply of which right were also closed by honble district forum and four state commission hearing dates unattended by the respondents only substantiated the deficiency in services to the honble state commission and ..... judgment order but in fact it is narrated the local branch office address of the respondent sr.no.1. 3. ..... whether the conclusion of the honble state commission has erred in ignoring the fact that petitioner had discussed with the registrar of the district forum and thereon accepted filing of the complaint considering the written cause ..... section 24 a which clearly laid down that the complaint must be filed .....

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Aug 27 2008 (TRI)

G.P. Sewalia Vs. Union of India (Uoi) Through the

Court : Central Administrative Tribunal CAT Delhi

..... -determined return, and inasmuch as, he had made a fluctuating investment for long term (one year) for a yield of 16.25% per annum, whereas the state bank of india had initially offered a rate of 15.5% per annum for any period, and the fluctuating investment resulted into lesser yield, he had committed gross misconduct by exhibiting lack of devotion to duty and by acting in a manner unbecoming of a member of the service and prejudicial to the interest of dscfdcl thereby contravening rule 3(1) of the all ..... it is this order that has been challenged in the present original application filed under section 19 of the administrative tribunals act, 1985. ..... disciplinary authority and it was tentatively decided to disagree with the findings of the enquiry officer to the effect that the ingredient of the charge that the applicant made the said investment with syndicate bank after ignoring the higher offer made by state bank of india was not established, on the following grounds: (a) it is on record that the sbi had in their letter (ex.s-2) claimed that the rate of 16% per annum offered by it actually amounted to 18.5% simple rate of interest .....

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Feb 12 1981 (HC)

State Bank of India Vs. Kashmir Art Printing Press, Sirsa and ors.

Court : Punjab and Haryana

Reported in : AIR1981P& H188; [1983]54CompCas56(P& H)

..... the point whether the branch manager of a local branch of state bank of india has the power to sign and verify the pleadings and to institute and defend the legal proceedings in a court, it will be useful to refer to the various provisions of the state bank of india act, 1955, (hereinafter called the 'act') so that the scheme of the act can be noticed. ..... the state bank of india was constituted and the state bank of india so constituted was to be a body corporate with perpetual succession and was to sue and could be sued in that name as provided by section 3(2) of the act. ..... according to section 16(1) of the act, the central office of the state bank was to be at bombay, and according to sub-section(2) local head offices in bombay, calcutta and madras and at such other places in india as the central government may provide in consultation ..... power of signing the documents has been given to the vice chairman, the managing directors, the deputy managing directors, the chief general managers and such other officers or employees of the state bank as the central bank board or the executive committee may authorise in this behalf by notification in the gazette of india. ..... under section 30 of the act, the central board has been authorised to constitute an executive committee or other committees and delegate to the executive committee or other committees such powers as the central ..... section deals with the delegation of powers of the central board to the executive committee or other committees .....

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Jan 20 1983 (SC)

Krishna Mohan Mookherjee Vs. Secretary and Treasurer, State Bank of In ...

Court : Supreme Court of India

Reported in : AIR1983SC324; 1983LabIC307; (1983)ILLJ228SC; 1983(1)SCALE33; (1984)1SCC191

..... section 7 of the state bank of india act, 1955 the appellant's services were transferred to state bank of india (hereinafter referred to as the bank ..... (hat save as provided in sub-regulation (2) and as may be directed by central board, a local board may exercise all the powers of the state bank in respect of the staff serving in the areas in its jurisdiction. ..... placed on regulation 50, which we have earlier noticed, stands repealed, we may refer in this connection to regulation 55 which reads as follows :(1) save as provided in sub-regulation (2), and as may be directed by the central board, a local board may exercise all the powers of the state bank in respect of the staff serving the areas in its jurisdiction. ..... or other financial assistance, either temporary or permanent, to widows, children or other dependents of deceased officers or other employees shall be made by the executive committee of the central board except where the grant of any such gratuity or financial assistance is authorised by any general direction given by the central board.19. ..... has proceeded to hold that in view of regulation 50 of schedule ii and section 22 of the imperial bank of india act (act xlvi of 1920) the dismissal of the employee could only be ordered by the central board or by local board. ..... that the memorandum and the notice which we have earlier quoted did not come into existence as a result of a decision of the local board as directed by the central board or under the directions of the central board. .....

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Jan 25 2007 (HC)

Philomina Francis Vs. the Accountant General of Kerala and ors.

Court : Kerala

Reported in : 2008(1)KLJ83

..... we find too, that a subsidiary bank such as the state bank of travancore is to act, as an agent of the state bank of india if required (section 36 of the subsidiary banks act, 1959), and that the state bank of india is to act as an agent of the reserve bank if so required (section 32 of the state bank of india act). ..... this is for the reason that just as the kerala financial corporation is created under the state financial corporations act, 1951, indisputably, the state bank of travancore is also a corporation which is a creature of the state bank of india (subsidiary banks) act, 1959. ..... the state bank of travancore is stated to be a statutory corporation constituted under the state bank of india (subsidiary banks) act, 1959. ..... we were taken through the provisions of the state bank of india act, 1955, the state bank of india (subsidiary banks) act, 1959, and the reserve bank of india act, 1934. ..... he would further contend that the loan amount due to the bank cannot be recovered from the dcrg, as according to him, ruling 1 to rule 3 of part iii ksr, is inapplicable to the state bank of travancore, the third respondent ruling 1 to rule 3 of part iii ksr is extracted hereunder:amounts due from a government employee or pensioner to government companies, local bodies, co-operative societies, etc. ..... he points out that it is neither a local body, nor a co-operative society. .....

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