issued. Iram Group International was registered with
Apparel Export Promotion Council. RBI Code was also issued for the
ITA Nos.923 & 1157/2009 Page
appellant applied to respondent No. 1, namely, the Reserve Bank of India (RBI), under Section 22 of the of the Banking Regulation Act, 1949 (hereinafter ... commence banking business. In January, 1999 the RBI, conveyed its approval in principle for the promotion of a local area bank subject to various terms
framed
issues as under:-
"1. Whether Regulation No.45 of the RBI Staff Regulation is
applicable to the workman in the present case ... Tribunal who stated that the respondent was posted in RBI
Secretariat, New Delhi after his promotion. Service conditions of the
W.P.(C) No.1286
Governor of RBI provided anywhere in the RBI Act .
5. Admittedly the post of Deputy Governor is not a post of promotion from the post ... Executive Directors are the highest ranking officers of the RBI. There is no further promotion from this post. Accordingly, there is no system of maintaining
RBI had rejected the request.
That rejection had attained finality since neither of the parties challenged it.
31. According to Mr. Mukund, RBI ... which empowered RBI to prohibit, restrict or regulate the
transfer of any security by a person outside India. The Foreign Investment
Promotion Board („FIPB
business,
including breaches of RBI and SEBI regulations, violation of accounting
practices, breach of Foreign Investment Promotion Board approvals and
so on and so forth
reprobate.
21.8. The approvals granted by the regulatory bodies such as RBI and RoC
cannot amount to an adjudication that use of the defendants' SAMMAAN ... Accountants filed by the defendants
no.1, 3 and 4, expenses towards promotion of the SAMMAAN marks have
been incurred by the defendant
been done;
the automatic route, without approval of Reserve Bank of India (RBI) was
also not available under the Master Circular ... Consolidated
FDI Policy issued by the Department of Industrial Policy and Promotion,
Ministry of Commerce and Industry, Government of India, as payment had
been made
INDUSTRY,
UDYOG BHAWAN,
NEW DELHI-110011 ....... RESPONDENT NO. 1
DEPARTMENT FOR PROMOTION OF INDUSTRY AND
INTERNAL TRADE (DPIIT)
THROUGH ITS DIRECTOR,
MINISTRY OF COMMERCE ... hereinafter referred to as
the 'RBI') about the receipt of foreign investment and was advised by RBI
vide its letter dated
6033/2010
RAMESH SINGH ..... Petitioner
Through:Mrs. Rani Chhabra, Adv.
versus
RBI AND ORS ..... Respondents
Through:Mr. Raju Ramchandran, Sr. Advocate
with ... RBI vide its communication dated 11.11.2002 directed to all its
offices and the Central Office Department for holding departmental
examination for promotion to the post
