Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka Kalaburagi
..... apex court was dealing with a jurisdictional issue in the light of article 226(2) of the constitution of india. in this case, kusum ingots and alloys was a company registered in mumbai had raised loan from state bank of india, bhopal which had initiated recovery action under the securitisation and reconstruction of financial assets and enforcement of securities ..... shall abide by the directions of the commission in the same manner in which it follows the directions of the 130 election commission of india during the elections for the parliament and state legislatures. in fact, in the domain of elections to the panchayats and the municipal bodies under the part ix and part ix a ..... act, 1949 (10 of 1949) shall also apply: provided also that in case of a co- operative society, other than a multi-state co- operative society, carrying on the business of banking, the provisions of this clause shall have the effect as if for the words "six 106 months", the words "one year" had been substituted. ( .....
Tag this Judgment!Court : Karnataka
Reported in : AIR2008Kant20; ILR2007KAR4740
..... necessary to know the definition of the banking company under the securitisation act. the 'bank' is defined under section 2(a) of the securitisation act, which would mean that banking company or a corresponding new bank or the state bank of india or a subsidiary bank or such other bank which the central government may by notification specify ..... for the purpose of this act. pursuant to an amendment to banking regulation act, 1949, (for short 'regulation act'), ..... c) would result in an absurdity because then section 5(c) would read thus: 'co-operative bank' means any company, which transacts the business of banking in india; thirdly, section 56(c) does define 'co-operative bank' separately by expressly deleting/inserting clause (cci) in section 5. the parliament in its wisdom .....
Tag this Judgment!Court : Karnataka
Reported in : 2009(1)AIRKarR90
..... of undertakings) act, 1970 (5 of 1970), or under section 3 of the companies (acquisition and transfer of undertakings) act, 1980 (40 of 1980);(nd) 'subsidiary bank' has the meaning assigned to it in the state bank of india (subsidiary banks) act, 1959;11. when these two writ petitions were presented before this court, the focus was more on the constitutional limitation placed on the ..... writ petition no. 36339 of 2003, m/s. state bank of mysore, a subsidiary of state bank of india is the writ petitioner and is an institution which is governed by the state bank of india [subsidiary banks] act, 1959 [for short 'subsidiary act']. in writ petition no. 37366 of 2003, m/s. vijaya bank, a nationalized bank under the provisions of the banking companies [acquisition and transfer of undertakings] act, 1980 .....
Tag this Judgment!Court : Karnataka
..... contention, he placed reliance on section 2(q) of the industrial disputes act, 1947 and also the decisions of the supreme court in chairman, state bank of india and anr. v. all orissa state bank officers' association and anr. : (2003)iiillj751sc , wherein with reference to the provisions of the trade unions act, it has been held that ..... behalf of the writ petitioners has rightly placed reliance upon the other decisions of the apex court in the cases of newspapers limited; kripa shankar jaiswal; chairman, state bank of india and shivajirao nilangekar patil v. dr. mahesh madhav gosavi and ors. : [1987]1scr458 , though they are not aptly applicable to the case on hand ..... s. jayaraj v. commissioner of excise, kerala : 2000(72)ecc7 and also the division bench judgment of the madras high court in state bank of bikaner and jaipur employees' association and anr. v. state bank of india and ors. 1982-1-llj-413 (mad.), and held that the association had the locus standi for filing writ petition. it is an .....
Tag this Judgment!Court : Karnataka Dharwad
..... mechanism between nikat capital and the complainant- 34 company, it appears that the arbitration exercise has been initiated. apprehending transfer of money held in the account of state bank of india, the complainant-company files a petition invoking section 9 of the arbitration and conciliation act, 1996 before this court. it is imperative to notice the averments made ..... 2020 alleging that the company/nikat capital had played fraud with the 3rd respondent and sought a restraint order at the hands of this court directing the state bank of india not to transfer the sum of 7,70,770 us dollars which was the consideration in the transaction. this court by order dated 27-11-2020 accepted ..... the case in the petition and passed an interim order of restraint restraining state bank of india from transferring the amount. it appears, by the time the interim order was passed, the amount had already been transferred to nikat capital by the .....
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