Category Archives: Banking Law

[Case-Brief] The RDB Act is a special law and a complete code in itself.

A recovery certificate was issued by the tribunal under section 19(22) of the Recovery of Debt and Bankruptcy Act, 1993. Pursuant to which the Recovery officer passed an order. An appeal against this order can be filed within the period of 30 days but no appeal was preferred in the prescribed period. It is thus […]

Amrit lal Goverdhan Lalan v/s State bank of Travancore, AIR 1968 SC 1432

Brief facts and procedural history: On February 27, 1956, Respondents 3 to 6, as partners of Respondent 2 firm, entered into an agreement with the then Travancore Forward Bank Ltd. undertaking to open a cash credit account in the books of the Bank at Ernakulam to the extent of Rs 1,00,000. (Para 2) For entering […]

Delivery of the amount for transmission to the bank created ex facie a relationship of a fiduciary character: New Bank of India v/s Pearey Lal (1962).

error: Content is protected !!