Power of Reserve Bank to apply to Central Government for suspension of business by a banking company and to prepare scheme of reconstitution or amalgamation.
Certain provisions of the Act not to apply to certain banking companies. Section 36AA. Power of Reserve Bank to remove managerial and other persons from office.
The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India. . Passed as the Banking Companies Act 1949, it came into.
The CLB is a quasi-judicial body, exercising equitable jurisdiction, which was earlier being exercised by the High Court or the Central Government.
The legal issues involved in and the practice governing the different kinds of securities for banker's advances and loans Guarantees, pledge, lien, mortgage.
13 Oct 2023 — 13 Oct 2023Section 186 of the Companies Act, 2013 provides for the loans and investments that can be made by a company. It states that a company can.
Act to override memorandum, articles, etc. 7. Incorporation of company. 8. Formation of companies with charitable objects, etc. 9. Effect of registration.
19 Oct 2015 — 19 Oct 2015The ordinance aims to repeal and re-enact the Banking Companies (Recovery of Loans, Advances, Credits and Finances) Act of 1997 with some.
29 Jul 2022 — 29 Jul 2022Banking Regulation Act, 1949 is an Act that provides a framework for regulating the banks of India. The Act came into force on 16th March 1949.
INTRODUCTION · Guidelines for “on-tap” Licensing of Small Finance Banks in Private Sector dated December 5, 2019 (“SFB Guidelines 2019”); · Guidelines for “on.
From Company Law
CSR vs philanthropy:
Thus, CSR is systematic; philanthropy is mainly charitable giving.
Indicators of oppression (any three):
These show lack of fairness in dealing with members.
Corporate law (also known as business law or enterprise law or sometimes company law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. It thus encompasses the formation, funding, governance, and death of a corporation.
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Allotment is the company’s acceptance of a share application, creating a binding contract.
Proper allotment procedures protect investors and ensure lawful share issuance.