primary object or principal business of which is to provide
financial accommodation to its members for agricultural purposes
or for purposes connected with agricultural activities ... principal business
of a Primary Agricultural Credit Society is to provide financial
accommodation to its members for agricultural purposes or for
purposes connected with agricultural
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 ... satisfied that such recognised institution has adequate
financial resources, accommodation, library, qualified staff,
laboratory, and that it fulfils such other conditions required
for proper conduct
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 ... satisfied that such recognised institution has adequate
financial resources, accommodation, library, qualified staff,
laboratory, and that it fulfils such other conditions required
for proper conduct
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 ... satisfied that such recognised
institution has adequate financial resources,
accommodation, library, qualified staff, laboratory, and that
it fulfils such other conditions required for proper conduct
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 ... satisfied that such recognised institution has adequate
financial resources, accommodation, library, qualified staff,
laboratory, and that it fulfils such other conditions required
secured
advances;
(c) the maximum amount of advances or other
financial accommodation which, having regard to the
paid-up capital, reserves and 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
satisfied
that such institution has adequate financial resources,
W.P.(C)No.26983 of 2020(W)
-20-
accommodation, library, qualified staff, laboratory and that
from the already approved lay out plan, along
with financial implications of loss of pilgrim accommodation
requirement of additional water, maintaining costs, and
provisions ... concern raised by the Addl.9th respondent is
that the proposed area accommodates approximately 2,000
pilgrims assembling to witness the celestial light on
Makaravilakku
ascertain the financial status of the claimants and that,
persons with better rating alone could be given appointment.
The financial status of the second applicant ... want of
vacancies to accommodate the second applicant.
6. In so far as the eligibility with reference to the financial
W.P.(C)No.22476
increase its admission capacity has adequate financial
resources; (c) whether necessary facilities in respect of staff,
equipment, accommodation, training, hospital or other facilities
to ensure
