Kerala HC: Must Provide Detenue with Legible and Readable Copies || Delhi HC: If Security Clearance Cancelled for National Security Court Can’t Second Guess it || HP HC: Mere Use of Encroached Land Doesn’t Make a Person Necessary Party || Bombay HC: Can’t Ask Husband to Pay Instalments for Under Construction Flat || Delhi HC: State Delaying in Challenging Orders is a Setback to Victim’s Pursuit of Justice || Patna HC Sets Aside Conviction of Juvenile-in-Conflict with Law || Ker HC: Daughter of Hindu Who Dies after 20.12.2004 is entitled to Equal Share in Ancestral Property || SC: Cannot Grant Anticipatory Bail in NDPS Matters || MP HC Sets Aside Order Recognising Saif Ali Khan & Family as Heirs of Nawab of Bhopal's Properties || Supreme Court Agrees to Hear Petitions Challenging Bihar Electoral Roll Revision on July 10

Madras High Court Holds Collection of Cash Handling Charges From Stamp Vendors Illegal - (15 Nov 2021)

BANKING

Madras High Court has ruled that the practice of collecting cash handling charges from stamp vendors who deposit money through treasury challans into the Government account must be done away with, giving strict directions to the State Bank of India. The Court has clarified that the two RBI Master Circulars in 2014 and 2021, vehemently relied on by the State Bank of India does not permit the collection of cash handling charges on Government transactions.

Tags : MADRAS HIGH COURT COLLECTION OF CASH HANDLING CHARGES FROM STAMP VENDORS

Share :