Search Results for Tag : Deposit

Notifications & Circulars

Framework to regulate and oversee co-operative banks and deposits(29.11.2016)

Reserve Bank of India (RBI) regulates and supervises the banking functions of State Cooperative Banks (StCBs)/District Central Cooperative Banks (DCCB.....

Tags : Deposits, Framework, Regulation

Top Story

Supreme Court Takes Cognizance Regarding Time Extension of Depositing 1000 & 500 Rupee Notes(21.03.2017)

The Supreme Court has sought reply from the Central Government on a Public Interest Litigation filed alleging change in government stand of accepting .....

Tags : Notes, Deposits, Time, Extension

Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017(14.06.2017)

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to introduce a Financial Resolution and Deposit Insurance.....

Tags : Approval, Bill, Financial Resolution, Deposit Insurance

Cabinet approves Banning of Unregulated Deposit Schemes Bill, 2019 to curb illicit deposit taking activities(10.07.2019)

The Union Cabinet, chaired by the Prime Minister has approved the banning of Unregulated Deposit Schemes Bill, 2019. The bill will replace the bannin.....

Tags : Bill, Approval, Schemes, Illicit deposit

Judgments

Application for waiver of pre-deposit is to be entertained as Petitioners were neither borrowers nor mortgagers or guarantors in respect of loan facility availed by principal borrower(11.10.2019)

The present petition is directed against an order passed by the Debt Recovery Appellate Tribunal ('DRAT'), rejecting the Petitioner's application seek.....

Tags : Pre-deposit, Direction, Legality

Tribunal has discretion to grant waiver from pre-deposit by recording reasons which are not necessarily be detailed and exhaustive(07.11.2019)

The present writ petition filed by the Central Board of Trustees EPFO assails the order passed by the Employees’ Provident Fund Appellate Tribunal. Un.....

Tags : Pre-deposit, Waiver, Grant

Pre-deposit clauses to invoke arbitration struck down by Supreme Court as it makes arbitral process ineffective and expensive(11.03.2019)

In present case, the Respondent issued notice inviting tender for extension and augmentation of water supply, sewerage scheme, pumping station and sew.....

Tags : Arbitral process, Pre-deposit, Clause

President Promulgates Banking Regulation (Amendment) Ordinance, 2020(27.06.2020)

In order to ensure safety of depositors across banks, the President has promulgated the Banking Regulation (Amendment) Ordinance, 2020. The Ordinance.....

Tags : Ordinance, Interest, Depositors

Mandatory pre-deposit is required to be deposited before Tribunal within 30 days for further benefits(26.05.2020)

Challenge in present appeal is to the order passed by learned Single Judge disposing off the petition granting 30 day's time to the appellant/petition.....

Tags : Pre-deposit, Direction, Legality

Implementation of Circular on 'Margin obligations to be given by way of Pledge / Re-pledge in the Depository System' - Extension(27.05.2020)

1. SEBI, vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/28 dated February 25, 2020, specified guidelines with regard to Margin obligations to be given.....

Tags : Implementation, Circular, Depository System

Implementation of SEBI circular on 'Margin obligations to be given by way of Pledge/Re-pledge in the Depository System'(29.07.2020)

1. SEBI, vide circular no. SEBI/HO/MIRSD/DOP/CIR/P/2020/28 dated February 25, 2020, specified mechanism with regard to Margin obligations to be given .....

Tags : Implementation, Margin obligations, Depository System

DRAT cannot entertain appeal under Section 18 of SARFAESI Act without insisting on pre- deposit(02.03.2020)

The basic facts are that the Respondent No. 1 stood guarantee and mortgaged its property for repayment of loan availed by Respondent Nos. 4 and 5. The.....

Tags : Pre-deposit, Requirement, Entertainment, Appeal

While granting default bail/statutory bail under Section 167(2) of the Code of Criminal Procedure, 1973, condition of deposit of amount cannot be imposed(15.10.2020)

The original accused has preferred the present appeals, feeling aggrieved and dissatisfied with the impugned order, by which the High Court has releas.....

Tags : Bail, Deposit, Condition

Evidence of attorney is acceptable, where the affairs of a party are looked after by an attorney or a close family member(26.10.2020)

Present civil revision petition has been preferred by the Petitioner-tenant against the orders passed by the Authorities below ordering his ejectment .....

Tags : Ejectment, Deposition, Legality

Acceptance of the offer must be absolute and unqualified and cannot be conditional(05.01.2021)

Present appeal is against a common Judgment and Order passed by the High Court confirming a Judgment and Order of the Additional Senior Civil Judge, a.....

Tags : Refund, Earnest Deposits, Entitlement

Entire waiver of pre-deposit for filing appeal before DRAT under Section 21 of the Recovery of Debts and Bankruptcy Act, 1993 is impermissible(16.02.2021)

The Appellant is before present Court assailing the order whereby the High Court has permitted Respondents No. 1 and 2 to prosecute the appeal before .....

Tags : Pre-deposit, Waiver, Legality

RBI issues new Guidelines on Safe Deposit Lockers, Safe Custody Article Facility provided by Banks(18.08.2021)

Reserve Bank of India has reviewed the guidelines issued on the Safe Deposit Locker/Safe Custody Article Facility provided by the banks. The developme.....

Tags : Guidelines, Safe Deposit, Lockers

Requirement of deposit of 75% of the awarded amount as a pre- deposit is mandatory(08.10.2021)

Present appeal is against the impugned judgment and order passed by the High Court, by which the High Court confirmed the order passed by the learned .....

Tags : Pre-deposit, Condition, Legality

Pre-condition of deposit of twenty percent of the demand can be relaxed in appropriate cases(23.03.2022)

Present writ petition has been filed challenging the orders passed by the Respondents whereby the stay application filed by the Petitioner had been di.....

Tags : Demand, Pre-condition, Deposit

Tax authorities are entitled to grant stay on deposit of amounts lesser than twenty percent of the disputed demand(02.05.2022)

Present writ petition has been filed challenging the orders passed by Respondents No.1 and 2, without considering the submissions made by the Petition.....

Tags : Stay applications, Pre-deposit, Discretion

Deposit of tax during the course of search, inspection or investigation(25.05.2022)

1. During the course of search, inspection or investigation, sometimes the taxpayers opt for deposit of their partial or full GST liability arising ou.....

Tags : Deposit, Tax, Investigation

National Commission can direct deposit of entire or more than 50% of amount determined by State Commission for stay(07.12.2021)

The original Appellant – builder has preferred the present Appeal against impugned order passed by the National Consumer Disputes Redressal Commission.....

Tags : Pre-deposit, Condition, Jurisdiction

Court has jurisdiction to extend the time that was initially fixed by it for doing an act(29.07.2022)

Present application moved on behalf of the Petitioners under Section 151 of Code of Civil Procedure, 1908 (CPC) seeking prayer for enlarging time for .....

Tags : Deposit, Time, Extension

Any amount deposited during investigation has to be treated as pre-deposit and the same is neither hit by limitation nor by unjust enrichment(27.09.2022)

The issue involved in present appeal is whether the Court below have erred in reducing the amount of refund, which was in the nature of pre- deposit, .....

Tags : Pre-deposit, Refund, Interest

A conviction can be based on the basis of the deposition of the sole eye witness(14.10.2022)

The State has preferred the present appeals dissatisfied with the impugned judgment and order passed by the High Court by which the High Court has all.....

Tags : Acquittal, Deposition, Legality

Issue of Master Circular by Stock Exchanges, Clearing Corporations and Depositories(20.04.2023)

1. Stock Exchanges, Clearing Corporations and Depositories (hereinafter collectively referred to as 'Market Infrastructure Institutions (MIIs)') commu.....

Tags : Master Circular, Clearing Corporations, Depositories

Reserve Bank releases deposits with Scheduled Commercial Banks - March 2024(04.06.2024)

The Reserve Bank released the web publication 'Deposits with Scheduled Commercial Banks2 - March 20243' on its 'Database on Indian Economy' portal.

Tags : Deposits, Release, Commercial bank

Advances against Term Deposits of Non-members(01.09.2016)

Pursuant to the deliberations in the 32nd Standing Advisory Committee meeting held on December 14, 2015, it has been decided to permit SEBs to grant a.....

Tags : Term deposits, Non-members, Advances

Lending and Deposit Rates of Scheduled Commercial Banks-March 2024(28.03.2024)

Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the mo.....

Tags : Lending rates, Deposit Rates, SCBs

Effective date for deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance(10.06.2024)

It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announc.....

Tags : Effective date, Deposits, Scheme

Appeal or revision cannot be dismissed solely on ground of failure to pre deposit maintenance amount(14.05.2019)

Petitioner impugns order whereby the Appellate Court has dismissed the appeal of the Petitioner on the ground that, Petitioner has failed to deposit t.....

Tags : Maintenance, Pre-deposit, Arrears

News

Kerala HC: Waiver of Pre-Deposit u/s 35F for Filing Appeal Destroy Legislative Intent(07.04.2022)

Kerala High Court has observed that waiver of pre-deposit for filing appeal under section 35F of the Central Excise Act, 1944 would destroy the legisl.....

Tags : Kerala High Court, waiver, pre-deposit, section 35F Central Excise Act, 1944, legislative intent

RBI reviews instructions relating to interest on overdue domestic deposits(02.07.2021)

Reserve Bank of India (RBI) has issued the review of instructions on Interest on overdue domestic deposits. RBI’s decision to allow banks to offer the.....

Tags : Interest, Deposit, Instruction

Disclosures on Margin obligations given by way of Pledge/ Re-pledge in the Depository System(02.09.2020)

1. Regulation 29 (4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 (herein after referred as "Takeover Regulations") .....

Tags : Disclosures, Margin obligations, Depository System

P&H HC Repels Challenge Against Pre-Deposit Condition for Appeal Under Section 43(5) Of RERA(19.10.2020)

Punjab and Haryana High Court has repelled the challenge against the constitutionality of the condition for pre-deposit prescribed under Section 43(5).....

Tags : Punjab and Haryana High Court, Pre-Deposit Condition for Appeal

SC Allows Disbursal of Funds to Depositors from SEBI Sahara Fund(30.03.2023)

Supreme Court has allowed Centre’s application seeking allocation of ? 5,000 crore out of ? 24,979 crores from SEBI-Sahara Fund to repay the dues of t.....

Tags : Supreme Court, SEBI-Sahara Fund, Sahara Group, Depositors

SC: Condition of Pre-Deposit Before Filing Appeal is Required to be Satisfied(06.05.2022)

Supreme Court while considering Special Leave Petition where the High Court had held that the requirement of pre-deposit is not mandatory, has observe.....

Tags : Supreme Court, Special Leave Petition, pre-deposit

Companies (Acceptance of Deposits) Amendment Rules, 2020(07.09.2020)

In exercise of the powers conferred by section 73 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Centr.....

Tags : Acceptance of Deposits, Amendment, Rules

RBI Relaxes Deposit Norms for Foreign Missions, Diplomats(06.05.2016)

Reserve Bank of India (RBI) has repealed and superseded regulations under the Foreign Exchange Management (Deposit) Regulations, 2000, in consultation.....

Tags : Reserve Bank of India , Foreign Exchange Management (Deposit) Regulations, 2000,

Central Board of Indirect Taxes and Customs exempts the deposits pertaining to all classes of persons and all categories of goods, from the provisions of section 51A of the Customs Act, 1962(31.05.2022)

1. In exercise of the powers conferred by sub-section (4) of section 51A of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes an.....

Tags : Exemption, deposits, Goods

#Budget2019: Government Raises TDS Threshold on Interest on Deposits(01.02.2019)

Union Finance Minister Piyush Goyal has announced increase in TDS threshold on interest on post office and bank deposits from Rs. 10,000/- to Rs. 40,0.....

Tags : #Budget2019, Budget 2019, Government Raises TDS Threshold on Interest on Deposits

SEBI guidelines on utilisation of Investor Protection Fund(07.06.2016)

SEBI issued guidelines on utilisation and investment aspects of the Investor Protection Fund.

It notified use of the Fund for investor educ.....

Tags : investor protection fund, depositories, trust, investment

Statute

Banning of Unregulated Deposit Schemes and Protection of Depositors’ Interests Bill, 2015(03.05.2016)