Liverpool & London S.P. & I Asson. Ltd vs M.V. Sea Success I & Anr on 20 November, 2003
gonorally. It 1.: also been held that than 331 is A
.5 us-Anna I Ian: I 1..r\l\.4'I'eull.l\!\d\l _ll"| E\If'I('I'"i LICXE1
I vs I
Inonntnzy regulate: and onunciatcs the "pulley
at the ccuntry and acts, inter: Alia,
provisions of the 331 Act and Banking
which are couprahenaivc pzovitidna '_ ta':
xogulnto banking business
Doliticu. Thextfoxlp tlit
pzoviuians at tho 4:: they
relate to the bankilw 4' (0) of
section 2 at it hank" ta
man as bank 8;-mad Schodulo of the
said Mt '''' cash reserves oi'
3ChD¢ll1Ud:z"b#I'IkVI trith that knows Bank af
India! of clause of [63 of finction
it shall: by notification in
"_j;India.. direct tho inclusion in the
at any bank. not alroady so includod
attics on tho huaimaa of banking in India
to certain to and conditions and sub-
. (<2) of clans: 6 at' auction 42 pertains to the
of a. notification in thal Gazette at Indian
J,-*"