Bombay High Court Dismisses Multiple Writ Petitions Challenging Amalgamation Scheme of PMC Bank Under Section 45 of Banking Regulation Act, 1949. Petitioners Failed to Establish Violation of Fundamental Rights or Procedural Irregularities; Scheme Upheld as Serving Public Interest and Depositor Protection....
The judgment deals with seven writ petitions filed before the Bombay High Court challenging a Notification dated 25 January 2022 issued by the Ministry of Finance, which approved the scheme of amalgam...




