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Negligence

of N.L. Ry. (1873-74) HL 213; Governor-General in Council v. Mt. Saliman, (1949) ILR 27 Pat 207: AIR 1949 Pat 388]; Poonam Verma v. Ashwin Patel, AIR 1996 SC 2111 (2116): (1996) 4 SCC 332. Negligence in

Multi-State co-operative bank

Multi-State co-operative bank, means a Multi-State Co-operative Society which in primary co-operative bank [Banking Regulations, Act, 1949 (10 of 1949), s. 5 (cciiia)]

Managing Director

and includes a director occupying the position of a managing director, by whatever name called. [Banking Regulation Act, 1949 (10 of 1949), s. 5 (h)]

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Managing agency

such company. (iii) Where the managing agent is a firm, any partner of such firm. [Banking Regulation Act, 1949 (10 of 1949), s. 5 (gg)]

Holder of a Restricted Certificate

or temporary restricted certificate granted by a State Government under the Restricted Certificate Rules, 1932. [Chartered Accountants Act, 1949 (38 of 1949) s. 2(d)]

Small-scale industrial concern

in this behalf, having regard to the trends in industrial development and other relevant factors. [Banking Regulation Act, 1949 (10 of 1949), R. 5(na)]

Financial Institution

Financial Institution, means a banking company to which the Banking Regulation Act, 1949 (10 of 1949) applies (including any bank or banking institution referred to in s. 51 of that Act);

Approved securities

clause (f) of s. 20 of the Indian Trusts Act, 1882, as may be prescribed. [Banking Regulation Act, 1949 (10 of 1949), s. 5 (a)]

Demand liabilities

must be met on demand, and 'time liabilities' means liabilities which are not demand liabilities. [Bank-ing Regulation Act, 1949 (10 of 1949), s. 5 (f)]

Act or Omission

unwise, K. Joseph Augushti v. Narayanan, (1964 7 SCR 137: AIR 1964 SC 1552 (1556). [Banking Companies Act, 1949 (10 of 1949), s. 45-G]

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