Bank - Law Dictionary Search Results
Credit Institution
Credit Institution, means all or any of the following, namely: (i) a banking company; (ii) a corresponding new bank; (iii) a Regional Rural Bank; (iv) a co-operative bank; (v) a financial
Dispute
aspects. It postulates the assertion of a claim by one party and its denial by the other', Canara Bank v. National Thermal Power Corporation, (2001) 1 SCC 43. The term 'dispute' means a controversy having both positive
Person
Regulatory commission, AIR 2006 AP 12. 'Person' includes company or association or body of persons, see Standard Chatered Bank v. Directorate of Enforcement, AIR 2005 SC 2622. 'Person', Person includes any company, Fidelity Industries Ltd. v. State,
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Estoppel
be a representation of an existing fact and must be acted on before it is corrected, Vagliano v. Bank of England, 1891 AC 107; Chadwick v. Manning, (1896) AC 231. The representation must be made by a
Existing officer
Existing officer, defined in paragraph 3(h) of the State Bank of India Officers (Determination of Terms and Conditions of Service) Order, 1979, means all officers in the service
Fatuous persons
Fatuous persons, idiots. Includes express reference to 'breach of statutory duty' and to 'liability in tort', Standard Chartered Bank v. Pakistan Shipping Corpn. (No. 4) (CA), (2000) 3 WLR 1692. Means negligence, breach of statutory duty or
Inquiry
into facts, causes, effects and relations generally, 'to inquire' (New Standard Dictionary) Real Value Appliances Ltd. v. Canara Bank, (1998) 5 SCC 554. Means every inquiry other than a trial, conducted under this Code by a Magistrate
Joint-tenancy
sale upon the statutory trusts for sale [see (English) L.P. Act, 1925, ss. 34 et seq.], assignees in bankruptcy, and others, though they differ in some respects from simple joint-tenants. Before 1926 there might be a joint-tenancy
Office
of activities from office purpose to godown purpose is a change of use of premises, Goa Urban Coop. Bank v. Noor Mohd., (2004) 6 SCC 166. It is 'a room or building used as a place of
Holiday, or Holyday
humiliation, or thanksgiving; and the day appointed to be kept as the King's birthday. See also VACATION. The Bank Holidays Act, 1871 (34 & 35 Vict. c. 17), provides that Easter Monday, the Monday in Whitsun-week, the
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