Banking - Law Dictionary Search Results
Secured creditor
Secured creditor, means any bank or financial institution or any consortium or group of banks or financial institutions and includes, (i) debenture trustee
check
or restrains see also checks and balances 2 : a written order signed by its maker directing a bank to pay a specified sum to a named person or to that person's order on demand see also
Cheque
Act, 1881 (26 of 1881), s. 6: A 'cheque' is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the electronic image of a
Keep your definitions linked to case research
Actually worked under the employer
have done would bring the object of s. 25-F very close to frustration, Workmen of American Express International Banking Corporation v. Management of American Express International Banking Corporation, AIR 1986 SC 458: (1985) 4 SCC 71. [Industries
Chairman
(1995) 4 SCC 611 (631). (Constitution of India, Art. 324) Means the person appointed in accordance with the Banking Act, 1987, s. 28, Halsbury's Laws of England, Vol. 3(1), para 62, p. 57 [Banking Appeal Tribunal Regulation
Clearing
an account itself at the Bank of England. There is also a Country Clearing House. Consult McLeod on Banking; Grant's Law of Banking, 6th Edn. P. 66. Maritime law. The departure of a ship from port after
Company
ss. 357 and 358, requires registration of every company, association or partnership of more than ten persons for banking and of more than twenty persons for carrying on any other business having for its object the acquisition
Confusion, property by
to the position where a person pays money held by him in a fiduciary character into his own banking account, see Re Hallett'' Estate, (1879) 13 Ch D 696; Sinclair v. Brougham, 1914 AC 398. By the
Current rate of interest
or religious institutions) by different classes of scheduled banks in accordance with the directions given or issued to banking companies generally by the Reserve Bank of India under the Banking Regulation Act, 1949. [The Interest Act, 1978
Bank Deposit Rate
or religious institutions) by different classes of scheduled banks in accordance with the directions given or issued to banking companies generally by the Reserve Bank of India under the Banking Regulation Act, 1949; (10 of 1949). [Additional
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