Search Results for "bank circulars"

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Bombay High Court Dismisses NHAI Appeals in Land Acquisition Compensation Disput...
Supreme Court Allows Appeal of Claimant in Motor Accident Case — Functional Di...
Supreme Court Modifies Sentence in Forgery Case Due to Long Pendency and No Crim...
Madras High Court Dismisses Second Appeal in Partition Suit — Concurrent Findi...
High Court of Bombay at Bombay Dismisses Insurance Company's Appeal in Motor Acc...

Search Results for "bank circulars"

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Supreme Court

Supreme Court Allows Appeal in Arbitration Case Over Bank Guarantee Validity - High Court's Direction to Substitute Bank Guarantee Set Aside as Appellant Complied with Original Order for Scheduled Bank Located in India Under Arbitration and Conciliation Act, 1996.

24 Aug 2021

The Supreme Court of India heard civil appeals arising from special leave petitions filed by SEPCO Electric Power Construction Corporation against Pow...

High Court

Bombay High Court Dismisses Petition Challenging Rejection of Discharge in Bank Fraud Case — Petitioner, a General Manager of a Cooperative Bank, Allegedly Violated RBI Guidelines by Investing in Non-SLR Securities Through a Broker, Causing Loss to the Bank.

28 Jun 2019

The petitioner, Kishore Deshpande, was the General Manager of CKP Co-operative Bank Ltd. and was arraigned as accused No.5 in FIR No. RC 8/E/2010 regi...

High Court

Madras High Court Allows Revision Petition Against DRAT Order in SARFAESI Act Matter — Petitioner Company Challenges Rejection of Securitisation Application as Not Maintainable. Court Holds That a Borrower Can Maintain a Securitisation Application Under Section 17 of the SARFAESI Act Even After the Underlying Debt Has Been Assigned to an Asset Reconstruction Company, Provided the Borrower Continues to Be an 'Aggrieved Person'.

4 Feb 2026

The petitioner, ETA Engineering Private Limited, a company engaged in HVAC and EPC contracts, had availed financial assistance from the respondent, Ja...

High Court

Bombay High Court Dismisses Writ Petition Challenging Reduction of Sick Leave by IDBI Bank. The court held that the reduction of sick leave from 540 to 360 days was a valid policy decision and not arbitrary under Article 14 of the Constitution of India.

1 Mar 2017

The petitioner, All India IDBI SC,ST,Nav Buddhist and OBC Officers' Welfare Association, filed a writ petition under Article 226 of the Constitution o...

High Court

Bombay High Court Dismisses Winding-Up Petition by Deutsche Bank Against Finolex Industries Under Section 433(e) Companies Act, 1956 — Disputed Derivative Transaction Debt Precludes Summary Winding-Up. Court Holds That Winding-Up Petition Is Not a Debt Recovery Mechanism and Dismisses Petition with Costs.

28 Mar 2014

The judgment arises from a Company Petition filed by Deutsche Bank AG, Mumbai Branch, seeking winding-up of Finolex Industries Limited under Section 4...

High Court

Bombay High Court Allows Ex-Employee to be Represented by Union Representative in Disciplinary Proceedings - Right to Defence Under Clause 12(a)(ii) of Disciplinary Action Procedure Regulations. The Court held that the right to be defended by a trade union representative continues even after cessation of employment if disciplinary proceedings were initiated during employment.

16 Jul 2019

The Petitioner, Subhash S. Sawant, an ex-employee of Central Bank of India and General Secretary of the Central Bank Employees Union, faced disciplina...

High Court

High Court of Karnataka Quashes Look Out Circular Issued by Bank of Baroda Against Petitioner in Loan Default Case — LOC Held Invalid as Bank is Not a 'Competent Authority' Under the 2021 SOP. The Court Declared that a Look Out Circular can only be issued by a 'Competent Authority' as defined in the Office Memorandum dated 22.02.2021, and a bank does not qualify as such.

16 Mar 2023

The petitioner, Mr. Himayath Ali Khan, filed a writ petition under Articles 226 and 227 of the Constitution of India challenging a Look Out Circular (...

Supreme Court

Supreme Court Upholds Constitutional Validity of Sections 35AA and 35AB of Banking Regulation Act, 1949 and RBI Circular on Stressed Assets Resolution. The Court held that the RBI circular dated 12.02.2018 is valid and not arbitrary, and that the requirement of 100% lender consent for restructuring and mandatory IBC reference for large accounts is within RBI's powers.

2 Apr 2019

The present batch of petitions and transferred cases challenged the constitutional validity of Sections 35AA and 35AB of the Banking Regulation Act, 1...

High Court

Bombay High Court Dismisses Petition Seeking Compassionate Appointment for Disabled Son of Former Bank Employee. Voluntary Retirement on Medical Grounds Does Not Create Entitlement to Compassionate Appointment Under Canara Bank Pension Regulations.

6 Jan 2026

The petitioner, Pramod Govind Sagalgile, was an employee of Canara Bank who joined as a Clerk in 1989 and was later promoted to Officer. Due to seriou...

High Court

High Court of Karnataka Allows Writ Petition Quashing Banking Ombudsman Order in Demand Draft Cancellation Dispute. Petitioner Entitled to Cancellation of DD and Credit of Amount with Interest as RBI Circulars Permit Cancellation After Three Months and Complaint Was Within Limitation.

25 Nov 2024

The petitioner, Doddaballapur Spinning Mills, a company registered under the Companies Act, 1956, held a current account with ICICI Bank Ltd. (respond...

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