Bank - Law Dictionary Search Results
Tender
case of bronze coins for the payment of an amount not exceeding 1s., but for no greater amount.' Bank of England notes under 3 & 4 Wm. 4, c. 98, including notes for 1l. ad for 10s.
Supervise
work coupled with a power of inspection and superintendence of the manual work of others, All India Reserve Bank Employees' Association v. Reserve Bank of India, AIR 1966 SC 305. The word 'supervise' covers manual work coupled
Reserve
when computing the capital and reserves within R. 2(1) of Schedule II of the Act, First National City Bank v. Commissioner of Income Tax, AIR 1961 SC 812: (1961) 3 SCR 371. (iii) The reserve contemplated by
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Respectively
Respectively, means belonging or relating separately to each of several people, Canara Bank v. Demasis Das, (2003) SCC 557. The expression 'respectively', means belonging or relating separately to each of several
Deposit
possession of another person's property by finding it; and a special deposit of money or bills in a bank, where the specific money, the very silver or gold coin, or bills deposited, are to be restored and
bond
: a fidelity bond covering all persons or all of a category of persons employed (as by a bank) or holding office (as of a trustee in bankruptcy) com·ple·tion bond : performance bond in this entry contract
Accepted a part of benefit under the Scheme
utilization of the benefit under the Voluntary Retirement Scheme and not mere unilateral deposit thereof into the employee's bank account, Punjab National Bank v. Virender Kumar Goel, (2004) 2 SCC 193; Bank of India v. O.P. Swarnakar,
Borrower
Act, 2005 (30 of 2005), s. 2(b)] --Means any person who has been granted financial assistance by any bank or financial institution or who has given any guarantee or created any mortgage or pledge as security for
Consideration
one party, or some forebearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other, Fleming v. Bank of New Zealand, (1900) AC 577 (586). Means everything receive in return for the supply of services or
Counter-claim
Tea Co. (P.) Ltd., (2000) 7 SCC 357: AIR 2000 SC 2957 (2965). [Recovery of Debts due to Bank and Financial Institutions Act, 1993, s. 19(8) to (ii)] By (English) R.S.C. 1883, Ord. XIX., r. 3, under
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