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1 - 10 of 35 (0.35 seconds)Section 9 in The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970 [Entire Act]
The Banking Regulation Act, 1949
The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970
The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
The Companies Act, 1956
Section 2 in The Industrial Disputes Act, 1947 [Entire Act]
Shambu Nath Mehra vs The State Of Ajmer on 12 March, 1956
In my view, any
other criteria apart from the three main criteria laid down by the Reserve
Bank of India would necessarily have to follow the three main criteria
laid down in the notification issued by the Reserve Bank of India and
cannot be wholly unconnected with or alien to the said criteria otherwise
the RBI guidelines on "fit and proper" person status would be
meaningless and render nugatory. Discretion implies absence of a hard-
and-fast rule, and it requires an actual exercise of judgment and a
consideration of the facts and circumstances which are necessary to
make a sound, fair and just determination, and a knowledge of the facts
upon which the discretion may properly operate.
Section 2 in The Banking Companies (Acquisition And Transfer Of Undertakings) Act, 1970 [Entire Act]
Dr. Mahesh Chand Sharma vs Smt Raj Kumari Sharma And Ors on 1 December, 1995
However, in Mahesh Chandra Sharma v. Raj Kumari
Sharma reported in (1996) 8 SCC 128 it was stated: "illustrations to the
section are parts of the section and help to elucidate the principle of the
section". The illustrations cannot have the effect of modifying the
language of the section and they cannot either curtail or expand the
ambit of the section which alone forms the enactment.