disposed of in terms of the following directions:
“We direct RBI to grant notional promotion to Mr. Nair on the
post of Assistant Manager Grade ... sometime between 26th April and 3rd July, 2004 by the
RBI, for securing his promotion to a Class–I post. The standards fixed
for qualifying
observed:
“44. It appears that before approaching RBI, these
foreign law firms had approached the Foreign
Investment Promotion Board (FIPB for short) a High
Powered ... foreign
law firms. Thereafter, these law firms sought
approval from RBI and RBI granted the approval in
spite of the rejection of FIPB. Though specific
address the stress in the accounts of
MSMEs and to facilitate the promotion and development of
MSMEs. The Reserve Bank was advised to issue necessary ... Recognition, Asset
Classification and provisioning pertaining to Advances’ issued to
banks by RBI, the guidelines on the captioned Framework along
with operating instructions were issued
advancing moneys; and includes any scheduled
bank as defined in the RBI Act and such other body corporate
or financial institution as may be notified ... with Registration of
Societies. A society which has, its main object, the promotion
of the economic interests of its members in accordance with
mean any policy which is
specified from time to time by RBI in the interest of banking
system or in the interest of monetary stability ... policies
under the said Act, RBI can lay down parameters enabling
banking companies to expand its business. For example, RBI's
permission is required
expeditiously as possible.
vi. Carry out the recruitment of Recovery Officers by promotion, failing
which, by deputation, in accordance with the eligibility criteria as
defined ... with respect to improving the selection procedure of Recovery
Officers, the Departmental Promotion Committee (DPC), provided for in
the recruitment rules, shall be expanded
Bank had acted in relation to the
impugned transactions as agent of RBI, which is an instrumentality of the
Government of India, to accept Exim ... such activity was certainly “incidental”
or “conclusive” to the promotion or advancement of the business of the
Company, because admittedly the assessee received commission
mean any policy which is
specified from time to time by RBI in the interest of banking
system or in the interest of monetary stability ... policies
under the said Act, RBI can lay down parameters enabling
banking companies to expand its business. For example, RBI's
permission is required
Tata Cellular vs Union Of India on 26 July, 1994
Equivalent citations: 1996 AIR 11
Vodafone International Holdings B.V vs Union Of India & Anr on 20 January, 2012
