Web-At present there is a Cash Reserve Ratio prescribed in sub-section (1) of section 42 of the Reserve Bank of India Act, 1934, to the effect that the average daily balance required to be maintained by every bank included in the Second Schedule to the Act with the Reserve Bank of India shall not be less than three per cent., and not more than fifteen per cent. of the … WebSection 42 of RBI Act 1934 : "Cash reserves of scheduled banks to be kept with the Bank". …
How violation of 19(2) of Banking Regulation Act is treated by RBI …
The Act contains the definition of the so-called scheduled banks, as they are mentioned in the 2nd Schedule of the Act. These are banks which were to have paid up capital and reserves above 5 lakh. There are various section in the RBI Act but the most controversial and confusing section is Section 7. Although this section has been used only once by the central govt, it puts a restriction … Web8 May 2014 · an exclusion of the estate of a deceased member of a close corporation … chopat elbow
Revisional power u/s 263 of Income Tax Act not exercisable in …
WebDrafted application under Section 7, 61 & 95 of the IBC. ... Case Compilation of 42 Supreme Court Judgements on IBC till August 14, 2024. Other authors. ... The Interplay of Insolvency & Bankruptcy Code and SARFAESI Act- A Judicial Trend Taxmann - [2024] 117 taxmann.com 831 (Article) [21-07-2024 ... Web2 Mar 2015 · 20) Public Sector Ports to be made firms under Companies Act. 21) NBFCs registered with RBI above Rs. 5,000 crore to be considered financial institutions. 22) Pradhan Mantri Jeevan Jyoti Bima Yojana – Rs. 1 per day premium, Rs. 2 lakh coverage. 23) Bankruptcy law reform has been identified as a key to ease of doing business. WebThis question is for testing whether you are a human visitor and to prevent automated … great authors of india