Description

This treatise on the Banking Regulation Act with Commentary from the pen of an erudite Judge and an exprienced author has now been thoroughly revised and updated.
In this publication an attempt has been made to cover extensively the Banking Regulation Act, 1949 on various aspects encompassing all facts relating to this subject. This Act is applicable to Co-operative banks as well.
In this 4th revised edition, the learned authors have exhaustively & lucidly commented on the latest provisions of the Act, incorporating all the amendments and important judgments delivered by the Hon’ble Supreme Court as well as various High Courts, which has further enriched the utility of this book manifolds.
The most valuable feature of this master-piece publication is the vast coverage provided through a plethora of Allied Laws relating to Banking Regulation Act, along with Model Forms, including an elaborate coverage of a new Chapter “Banking and Consumer Laws”.
Under the Consumer Protection Act, Banking is one of the services which is justiciable for deficiency on the part of the bank on the principle “if you have a duty, I have a correlative right. The authors have explained the scope of Banking Service Deficiency with the help of latest case laws of the various Forums, Commissions, High Courts and Apex Court under different heads.
A sincere effort has been made to incorporate all the amendments at their appropriate places to make the book up-to-date and indispensable. The publication carries as many as 32 Acts under the Allied Laws alongwith relevant Rules, in addition to the detailed Commentaries on the Banking Regulation Act, all duly amended upto date
It is expected that this revised edition will be found very useful and informative for the Bench and the Bar, Banks, (Nationalised, Private & Foreign banks) Co-operative banks, banking Companies, Financial Institutions, Corporate Sectors, Chartered Accountants, Company Secretaries, Business Houses and all others who are in any way concerned with this important branch of law.

Contents :

Preliminary.
Business Of Banking Companies.
Control Over Management.
Prohibition Of Certain Activities in Relation to Banking Companies.
Acquisition Of The Undertakings Of Banking Companies in Certain cases.
Suspension Of Business and Winding Up Of Banking Companies.
Special Provisions For Speedy Disposal Of Winding -Up Proceedings.
Provisions Relating to Certain Operations Of Banking Companies.
Misxellaneous
Application Of the Act to Co-operative Banks.
Allied Law
Table Of Cases.