Search Results for "banking operations"

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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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High Court denied to Quash Criminal Proceedings Against Applicants in Negotiable Instruments Act

The High Court of Bombay heard three consolidated criminal applications challenging the dismissal of revision applications against issuance of process...

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Supreme Court Dismisses CBI Appeals in Cotton MSP Scam Case — No Prima Facie Case for Cheating or Conspiracy Against Accused Farmers. CCI's Own Letter Confirmed No Loss Was Caused, and Purchases Were Made as Per MSP Guidelines.

The Supreme Court dismissed the appeals filed by the CBI against the common order of the High Court of Andhra Pradesh, which had upheld the discharge ...

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Supreme Court Corrects Inadvertent Error in Judgment, Substitutes 'Management' with 'Banking Operations' in Hamdard Trust Dispute. The Court clarified that the resolution dated April 28, 2015 pertained only to banking operations, not management, and dismissed contempt petitions.

The Supreme Court of India dealt with Miscellaneous Applications and Contempt Petitions arising from a dispute concerning the management and banking o...