Search Results for Tag : depositors

Top Story

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

Judgments

Madras High Court denies anticipatory bail to Subhiksha promoter(18.09.2015)

The Court denied anticipatory bail to R. Subramanian, noting that it had already passed lenient orders in the past in efforts to enable some repayment.....

Tags : Anticipatory bail, depositors, access

NSEL subject to provisions of MPID(01.10.2015)

The Bombay High Court dismissed NSEL’s petition against the application of Maharashtra Protection of Interest of Depositors (In Financial Establishmen.....

Tags : Stock exchange, Maharashtra, depositors,

News

SC Upholds State’s Power to Attach Properties of ‘Defaulting’ Financial Establishments(17.05.2017)

Supreme Court has upheld State's power to issue ad interim order u/s 3 of Tamil Nadu Protection of Interests of Depositors Act, 1997, attaching immova.....

Tags : Supreme Court, Tamil Nadu Protection of Interests of Depositors Act, 1997

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 Dismisses NSEL Plea Challenging Applicability of Maharashtra’s Depositors Protection Law(27.10.2016)

Supreme Court has dismissed a case filed by National Spot Exchange Ltd (NSEL), challenging applicability of Maharashtra Protection of Interest of Depo.....

Tags : Supreme Court, National Spot Exchange Ltd, Depositors Protection Law