Judgment Search Results Home > Cases Phrase: state bank of india act 1955 section 21 c local committees Page 9 of about 12,201 results (0.320 seconds)

M.K. Chubby Raj Vs. State Bank of India

Court : Chennai

Reported in : (1990)IILLJ474Mad

..... of the powers conferred under sub-section (1) of section 43 of the state bank of india act, 1955, the first respondent-bank determined the terms and conditions of ..... based on the rule and policy of the state bank of india which was adopted by the government would clearly show that the principle enunciated by the pillai committee would apply to state bank of india also, of course, keeping in mind the special features of the state bank of india. ..... special features are identified and modifications necessary in applying the pillai committee's recommendations to state bank of india are indicated to us. ..... the state bank, after taking us through the act, draws our attention to the report of the committee constituted for standardization of pay-scale, allowance and perquisites for officers in nationalized banks - what is called the pillai committee report ..... , the government of india directed as follows :- 'as regards state bank of india, government have accepted the recommendation of the reserve bank that the broad principles enunciated by the pillai committee would apply to state bank of india group also, though certain modifications may be necessary in their case keeping in view the special features obtaining in state bank of india. ..... provided further that an employee who has completed 25 years' pensionable service may be permitted by the executive committee to retire from the bank's service, subject to his giving three months' notice in writing or pay in lieu thereof unless this requirement .....

Mary Sai Kumari Vs. Regional Manager and Disciplinary Authority, Regio ...

Court : Andhra Pradesh

Reported in : 1994(3)ALT350; (1995)ILLJ539AP

..... state bank of india was constituted under state bank of india act, 1955 ..... dealing with exactly similar contention where the petitioner therein had passed 10th class which was a disqualification for recruitment to the post of an attender in the state bank of india which is the respondent in the instant case and considering the same circular, the orissa high court held that such action was arbitrary and the termination of the petitioner was set ..... is needless to mention that the state bank of india is a 'state' under article 12 of the indian ..... the executive instructions issued by the state bank of india contained in circular no. ..... srinivasa murthy, the learned counsel for the respondents stresses on the suppression on the factum of petitioner having passed ssc which is a disqualification under the rules relating to recruitment and the petitioner had wilfully stated to have failed in ssc only to secure job knowing fully well that a disclosure of a pass in ssc would disqualify her for holding the said post and as such, it is a clear case of misconduct and further ..... perhaps, the reserve bank of india and its officers are not aware of the grave unemployment problem facing the youth of this country and also not aware of the fact that graduates, both boys and girls, sweep ..... reserve bank of india, ..... reserve bank of india, : (1986)illj127sc ..... in view of what is stated supra, i hold hat the impugned order is violative of articles 14, 16 and 21 of the constitution of india and is accordingly asset aside .....

Rustom Cavasjee Cooper Vs. Union of India (Uoi)

Court : Supreme Court of India

Reported in : AIR1970SC564; [1970]40CompCas325(SC); (1970)1SCC248; [1970]3SCR530

..... indian electricity act, 1910, sections 6, 7 & 7a; air corporation act, 1953, sections 16 & 17; imperial bank of india act, 1920, sections 3 & 4; state bank of india act, 1955, section 6(2), (3) & (4); state bank of india (subsidiary banks) act, 1959; banking regulation act, 1949, section 36 ae; and cotton textile companies act, 1967, sections 4(1) & ..... 693 merely followed the two judgments of the judicial committee and since the status of the president under the constitution qua the parliament is not the same as the constitutional status of the governor-general under the government of india act, 1935, the decisions cited have no bearing on the interpretation of ..... section 53 of the bombay act contemplated transfer of ownership by law from private owners to the local ..... the business of agency mentioned in clause (b) is first in the general form of acting as an agent for any government or local authority, secondly carrying on of agency business of any description including the clearing and forwarding of goods and thirdly acting as attorney on behalf of the customers. ..... it was argued that under section 53 of the bombay act when a plot was reconstituted and out of that plot a smaller area was given to the owner and the remaining area was utilised for public purpose the area so utilised vested in the local authority for a public purpose, but the act did not provide for giving compensation which was a just equivalent of the land expropriated at the date of extinction of interest and therefore .....

Bank of India and ors. Vs. O.P. Swaranakar Etc.

Court : Supreme Court of India

Reported in : AIR2003SC858; 2003(3)ALLMR(SC)356; 2003(1)AWC798(SC); JT2002(10)SC436; (2003)ILLJ819SC; (2003)2SCC721; [2002]SUPP5SCR438; 2003(1)LC225(SC); (2003)1UPLBEC594

..... it is also not in dispute that in exercise of the power conferred under section 43(1) of the state bank of india act, 1955 the central board of the state bank of india made the state bank of india officers service rules determining the terms and conditions of the appointment and services of officers in the bank.41. ..... the relevant rule, interpretation whereof fell for consideration of this court therein is as under: 'these rules shall be applicable to the teachers of those state government aided higher secondary schools which are working under any local body or any non administrative management within the ambit of salary disbursement act, 1971 on 30th june, 1978 of thereafter and who will give their option in favour of retirement at the page of 58 years, within six months of the publication of these ..... the committee feels that without right-sizing the staff, it would be difficult for public sector banks to compete with other banks operating in the country and their profitability will remain under severe strain. ..... the said committee in its report, inter alia, observed:-'3.15.1 the committee feels that the high establishment cost and low business per employee are important contributory factors for the low profitability of several public sector banks. ..... in a letter dated 22.5.2000, the director (ir & boii), ministry of finance, intimated to the concerned banks that different committees and experts opined the most of the banks have 25% surplus manpower. .....

Narshibhai Fakirbhai Patel Vs. Reserve Bank of India

Court : Mumbai

Reported in : (1979)ILLJ163Bom; 1978MhLJ832

..... 58 of the reserve bank of india act, 1934, and they require the previous sanction of the central government, which was not admittedly obtained, in the present case; and hence he argued that the regulations were invalid; and the reserve bank could not justify the termination of the services of the plaintiff, under the invalid regulation 25(2). 5. ..... 17, the reserve bank is authorised to transact the various kinds of business specified in that section, mostly concerning the union of india, the state government, local authorities, banks and other corporations and persons, relating to the finance and banking in the country. ..... 3 of the reserve bank of india act, 1934, which runs as follows : '3. ..... (1) a bank to be called the reserve bank of india shall be constituted for the purposes of taking over the management of the currency from the '(central government)' and of carrying on the business of banking in accordance with the provisions of this act. ..... these arguments ignore the relevant provisions of the reserve bank of india act, under which the reserve bank of india is incorporated, and the reference to which is necessary for understanding the scope and nature of s. ..... in my opinion the provisions of the section must refer to the special provisions in the act for regulating its basic functions as the central bank or the bank of bankers or governments' banker. 11. .....

State Bank of India Vs. P. Abraham and anr.

Court : Delhi

Reported in : I(1996)BC112; 62(1996)DLT287

..... the case set out in the plaint is that the plaintiff bank is a body corporate constituted by the state bank of india act, 1955, having its central office at bombay and branches, amongst other places, at najafgarh road, delhi, which is under the administrative control of local head office at newdelhi; that defendant no. ..... khera, an officer of the plaintiff-bank, it has been suggested that at the time of execution of documents ex.p-10 to p-13 and ex.p-15 to p-18, the branch manager, manager, state bank of india, (small industries business), were also present. ..... it is averred that the plaintiff has deliberately not stated about the payments made by the defendant in their account. ..... it is further stated that the bank, by reason of its breaches and by reason of negligence with the consequent damage, has caused great loss to the answering defendants and the defendants have lost about rs. ..... in para 5 of written statement, it has been averred that certain signatures on blank printed forms were taken by plaintiff bank and it appears that they have been misused. ..... 2 besides endorsing the promissory note in favor of the plaintiff-bank, also executed certain documents averred in the plaint; that the plaintiff-bank sanctioned cash credit (spl. ..... 2 as the sole proprietor of jasper india, approached the plaintiff and obtained the facilities, namely, (a) medium term loan (m.t.l. ..... 1 as the proprietor of jasper india also executed agreement of hypothecation and guarantee and demand promissory note for rs. .....

Hindustan Construction Company Ltd. Vs.ircon International Ltd.

Court : Delhi

..... six bank guarantees which are issued by state bank of india; four bank guarantees have been issued by punjab national bank; six bank guarantees have been issued by canara bank; two bank guarantees have been issued by icici bank ltd ..... in particular, mr krishnan referred to the bank guarantee dated 11.06.2013 issued by the state bank of india against mobilization advance and drew the attention of this court to the language of the first paragraph of the said guarantee wherein it was expressly specified that the bank guarantee was issued "to guarantee his ..... dated 26.11.2012 and appoint a court commissioner under provisions analogous to order 26 rule 9 of the code of civil procedure to visit the site and inspect the site conditions along with verification of the state of affairs existent with regard to the access roads and seepage condition; ii. restrain the respondent from terminating the contract dated 26.11.2012 issued to the.. ..... (hereafter 'hcc') has filed the present petition under section 9 of the arbitration and conciliation act, 1996 (hereafter 'the act') inter alia praying as under:-" i. ..... was no consensus in regard to the appointment of the arbitral tribunal, hcc filed a petition under section 11 (arb. p ..... . 10.7 hcc filed a petition under 11 of the act (arb p no.596/2016) before this court for appointment of an arbitral tribunal for adjudication of reference no.1; and by an order dated 22.11.2016 ircon was directed to suggest a panel of arbitrators excluding any serving employees of .....

Jagdishprasad M. Joshi Vs. Deputy Commissioner of Income-tax and ors.

Court : Mumbai

Reported in : (2005)195CTR(Bom)10; [2005]273ITR296(Bom)

..... 72,40,330 from the bank account of the petitioner in the state bank of india, powai. ..... 72,40,330 into the petitioner's account in the state bank of india, powai. ..... on march 14, 2002, search and seizure operations were conducted by the department under section 132 of the income-tax act, 1961, at the office premises, residential premises and factories of the petitioner. ..... 1,24,30,637 in april/may 2002, would continue to remain attached under section 132(3) of the act, till appropriation is done in accordance with the act.6. ..... the attachment will continue under section 132(3) of the act. ..... however, it is made clear that the petitioners' fd accounts in the above banks will continue to remain attached and similarly, the petitioners' account from which rs. ..... it is not supported by any provisions of the income-tax act, particularly when the appropriation is sought to be made without the assessment order. ..... 1 had no authority to encash the fds or to withdraw the cash, from the bank accounts without the order of assessment. ..... under the prohibitory orders, the bank accounts were attached, bonds were seized and fds were also seized ..... 17,93,58,944 into the respective accounts in the syndicate bank, bhandup, thane and powai. ..... 17,93,58,944 in fds as per the position prevailing prior to encashment of fds between march 19, 2002 and march 23, 2002 on such terms and conditions as the respective banks may deem fit. ..... parties to act on an ordinary copy of this order, duly authenticated by the associate of this court. .....

G.L. Modi and Another Vs. Xedd Finance and Investments Pvt., Ltd. and ...

Court : Andhra Pradesh

Reported in : 1998(4)ALD365; 1998(2)ALD(Cri)99; 1999(2)ALT(Cri)170

..... , state bank of hyderabad, based on the memorandum, dated 28-10-96 issued by union bank of india, sawkarpet branch, madras to which the cheque was sent for realisation and the demand notice was issued on 14-11-96 itself and thus, there is proper compliance of the provision under section 138 of the act. ..... the petitioners and respondents 2 to 7 for the offence under section 138 of the act alleging that the 1st accused, company represented by other accused, borrowed a sum of rs.20,00,000/-as inter corporate deposit from the complainant and in discharge of that debt,, the 2nd accused representing the 1st accused-company issued the cheque bearing no.262804, dated 15-10-1996 for a sum of rs.24,20,000/-towards the principal and interest drawn on union bank of india, sawkarpet branch, madras. ..... the complainant deposited the said cheque for realisation in its banker, state bank of hyderabad, industrial finance, branch, panjagutta, on 28-10-96, but the said cheque was dishonoured due to 'insufficiency of funds' in the account and the same was informed to the complainant by its banker through the debt voucher dated 13-11-96 which was issued basing on thememorandum, dated 28-10-96 issued by the union bank of india, sawkarpet, madras. .....

Arun Kanti Ghose Vs. State Bank of India and ors.

Court : Kolkata

Reported in : 2006(2)CHN145

..... roy chowdhury, learned advocate, has already entered appearance on behalf of the state bank of india, there is no necessity of fresh service upon the state bank of india. mr. ..... and the state bank of india, it was contended that the company would have no hesitation in paying the amount under the fixed deposit receipt and the term deposit to the person/persons entitled to receive the money in accordance with law.8. ..... and state bank of india, it was contended that the company could have no hesitation in paying the amount under the fixed deposit receipt and the term deposit to the persons entitled to receive money in accordance with law. ..... this is an application under section 5 of the limitation act for condonation of 622 days delay in preferring an application for review against the judgment and decree passed by a division bench of this court.17. ..... the application for condonation of delay under section 5 of the limitation act being c.a.n. no. ..... 1 by filing affidavit-in-opposition contending that at the time of hearing of the appeal, some learned advocate appeared on behalf of the bank and such fact is recorded in the order disposing of the appeal.20. ..... india explosive ltd. ..... india explosive ltd. .....