Search Results for "Regulation 33(5)"

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Judicial Scrutiny of RBI's Supersession of Abhyudaya Co-operative Bank's Board. Balance between Constitutional mandates and banking regulations reaffirmed.

The Bombay High Court assessed the legality of the Reserve Bank of India's (RBI) supersession of the Board of Directors of Abhyudaya Co-operative Bank...

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Supreme Court Partially Strikes Down FCRA Amendment Act 2020 — Ban on Transfer of Foreign Funds and Mandatory Aadhaar Held Unconstitutional. The court upheld the requirement of a single FCRA account at SBI New Delhi as a reasonable regulatory measure to prevent misuse of foreign funds.

The judgment deals with a batch of writ petitions challenging the constitutional validity of certain amendments made to the Foreign Contribution (Regu...

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Bombay High Court Hears Challenge to Reservation in Promotion Policy of Mumbai Port Trust; Office Memorandum Dated 21 January 2002 Under Scrutiny. Petitioners Allege Violation of M. Nagaraj Principles and 100% Reservation for SC/ST in Office Superintendent Cadre.

The writ petition was filed by the Mumbai Port Trust Non SC/ST Employees Association, an association registered under the Trade Unions Act representin...

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KAHC010366622012_1

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High Court of Karnataka Dismisses Writ Petition Challenging Seniority List and Promotion Order in KIMS — Seniority Based on Date of Joining Upheld Over Merit Ranking. The court held that the petitioner, despite higher merit, cannot claim seniority over a colleague who joined earlier.

The petitioner, Dr. Aadamali Nadaf, an Assistant Professor at Karnataka Institute of Medical Sciences (KIMS), Hubli, filed a writ petition under Artic...