scrutiny and verification of facts, that the institution has adequate financial resources, accommodation, library, qualified staff, laboratory and such other conditions required for proper functioning ... shall-
(a) if it is satisfied that such institution has adequate financial resources, accommodation, library, qualified staff, laboratory and that it fulfils such other conditions
secured advances,
(c) the maximum amount of advances or other financial accommodation which, having regard to the paid-up capital, reserves any deposits ... interest and other terms and conditions on which advances or other financial accommodation may be made or guarantees may be given.
(3) Every banking company
secured advances,
(c) the maximum amount of advances or other financial accommodation which, having regard to the paid-up capital, reserves any deposits ... interest and other terms and conditions on which advances or other financial accommodation may be made or guarantees may be given.
(3) Every banking company
shall,-
(a) if it is satisfied that such institution has adequate financial resources, accommodation, library, qualified staff, laboratory and that it fulfills such other conditions ... shall -
(a) if it is satisfied that such institution has adequate financial resources, accommodation, library, qualified staff, laboratory and that it fulfills such other conditions
operative Society, the primary object of which is to provide financial accommodation to its members and includes a Co-operative land mortgage bank. The question ... observed thus:
The Parliament has enacted the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 ("the Securitisation
The Peerless General Finance And ... vs Punjab And Sindh Bank on 7 August, 2007
Equivalent
Bank for the existing cash credit limit without extending any additional financial accommodation to them. Thus this argument advanced on behalf of the workman also
hereinafter referred to as, "the borrower") the financial accommodation or banking facility of the aggregate limit ... State Bank of India vide Assignment Agreement dated 29.3.2004 assigned inter alia financial assets in favour of ARCIL; whereas the purchaser (the present petitioner
Uttara Kannada District. The respondent and two others had availed financial accommodation of over-draft facility from the Bank and secured the said loan ... respondent herein. The respondent and two others had availed financial accommodation of over draft facilities from the Bank and secured the said loan by creating
incorporated under the Act, had approached the petitioner for a financial accommodation of Rs. 15,00,000/-for a period of three months to enable ... facts makes it patently clear that the respondent-company had availed financial accommodation from the petitioner-company and the amount due according to the former
