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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.
Supreme Court of India Cites 9 - Cited by 408 - V Bose - Full Document

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.
Supreme Court of India Cites 14 - Cited by 379 - B P Reddy - Full Document
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