Banking Company - Law Dictionary Search Results
Court
'a court' within the scope of s. 45C of the Banking Companies Act, Ram Narain v. Simla Banking and Industrial Co. … and Conciliation Act, 1996, Raipur Development Authority v. Sarin Construction Company, Raipur, AIR 2006 Chattisgarh 12. The tribunal which is to
Person
company or association or body of persons, see Standard Chatered Bank v. Directorate of Enforcement, AIR 2005 SC 2622. 'Person', Person
Nationalised bank
corresponding new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or a … new bank specified in the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or a corresponding
Deposit
foreign Govern-ment the Central Government a State Government or a banking company) in respect of all his accounts, by whatever name called, … of all his accounts, by whatever name called, with a banking company and includes credit balances in any cash credit account. [Deposit
Limited liability
been found (though not universally) in the charters of incorporated banks and insurance companies. Companies Acts.--Under the Companies Acts, limited liability … of which they are registered in the books of the company. When a share has been fully paid up, no further
Audit
by the (English) Companies Act, 1900, although certain companies, e.g., banking companies, had been the subject of similar legisla-tion form any … by s. 11 dispensing in the case of a railway company with the necessity, under s.101 of the Act of 1845,
Public sector bank
a corres-ponding new bank constituted under s. 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or under … corres-ponding new bank constituted under s. 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or under s.
Unabsored depreciation
so much of the allowance for depreciation of the amalgamating banking company which remains to be allowed and which would have been … be allowed and which would have been allowed to such banking company is amalgamation had not taken place. [Income Tax Act, 1961
Working funds
the words 'working funds', when used in relation to a banking company, are not to be construed in their ordinary popular sense
Non-banking financial company
it in clause (f) of s. 45-I of the Reserve Bank of India Act, 1934 (2 of 1934). [Prevention of Money … Non-banking financial company, shall have the same meaning as assigned to it in
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