Banking & Finance Law News High Court to Govt: Why did you transfer Accounts of Police Officials from State Bank of India to Pvt. Bank August 30, 2019 by Legal India Admin | Leave a Comment State Bank of India On Thursday, the Nagpur bench of Bombay High Court asked the State Govt. to study the case papers in a petition challenging the alleged transfer of Police staff & beneficiaries accounts from nationalised banks to Axis Bank. A Division bench of Justices PN Deshmukh & Pushpa Ganediwala gave two weeks time to […] Read more » Bombay High Court pvt.banks SBI
Banking & Finance Law News No relief to ex-Bank official in Rs 5Kcr fraud case; court denies bail May 3, 2018 by Legal India Admin | Leave a Comment A Delhi court on Thursday denied extending relief to an ex-Andhra Bank official in a money laundering case citing he may hamper the investigation if enlarged on bail. The Rs 5,000 crore fraud also involves a Gujarat-based pharma firm. Additional Sessions Judge Sidharth Sharma denied relief to accused Anup Prakash Garg, noting that the stage […] Read more » 5000 crore money laundering case andhra bank fraud case anup prakash garg featured Sterling Biotech
Banking & Finance Law News Top Law News Online fraud transactions in Bank of Baroda Customer’s account March 13, 2016 / March 14, 2016 by Legal India Admin | 6 Comments on Online fraud transactions in Bank of Baroda Customer’s account Recently on 12th March 2016, Mr.Chandra Bhushan, who is associated with Legal India & Pravakta.com as an IT Consultant faced online fraud transaction in his Bank of Baroda’s bank account. In the noon of 12th march at 12:03PM, Mr. Bhushan got three SMS of debit of Rs.5078.97 from his bank account. He was shocked to see the […] Read more » Bank of Baroda Chandra Bhushan featured Forex Scam Online fraud transactions Online fraud transactions in Bank of Baroda
Banking & Finance Law News Consumer Law News High Profile Cases Coalscam:Court frames charges against ex-coal secy, 5 others October 14, 2015 by Legal India Admin | Leave a Comment A special court today framed charges against former coal secretary H C Gupta and five others in a coal scam case pertaining to alleged irregularities in allocation of a coal block in Madhya Pradesh to an accused firm. Special CBI Judge Bharat Parashar put the six on trial for alleged offences under section 120-B (criminal […] Read more » coal scam charges against accountant Amit Goyal coal scam charges against firm Kamal Sponge Steel and Power Ltd (KSSPL) coal scam charges against K C Samria coal scam charges against K S Kropha coal scam charges against Pawan Kumar Ahluwalia Coalscam featured former Coal Secretary H C Gupta Special CBI Judge Bharat Parashar
Banking & Finance Law News Top Law News Corp Bank to pay Rs 37K for deficiency in service August 19, 2014 / August 31, 2014 by Legal India Admin | Leave a Comment Corporation Bank has been asked by a consumer forum here to pay over Rs 37,000 to one of its customers after holding it guilty of “deficiency in service” for wrongly taking money from him. New Delhi Consumer Disputes Redressal Forum bench presided by C K Chaturvedi asked the bank to pay Rs 37,863, including compensation […] Read more » Corporation Bank deficiency in service New Delhi Consumer Disputes Redressal Forum news todays news todays top news Top news
Banking & Finance Law News BCCI-Nimbus row: SC asks banks to deposit Rs 400 cr April 16, 2013 by Legal India Admin | Leave a Comment The Supreme Court today asked three nationalised banks to deposit Rs 400 crore towards securing the claim of BCCI in a dispute over termination of the Rs 1,600-crore contract between the cricket board and Nimbus Communications, pending the hearing of their dispute. A bench of Justices Aftab Alam and Ranjana Desai asked Punjab National Bank, […] Read more » BCCI BCCI-Nimbus row: SC asks banks to deposit Rs 400 cr Indian Bank Justices Aftab Alam and Ranjana Desai Punjab National Bank senior advocate C A Sundaram Union Bank of India
Banking & Finance Law News Court rejects bank’s plea for FIR against customers November 15, 2012 by Legal India Admin | Leave a Comment Delhi court dismissed a plea lodge as a criminal case by a Punjab National Bank against its two customers for allegedly taking out money from a third customer’s account through an ATM card, wrongly issued to them. District Judge and Additional Sessions Judge R K Gauba dismissed the PNB plea, made against Metropolitan Magistrate Ankit […] Read more » ATM card criminal case by a Punjab National Bank District Judge and Additional Sessions Judge R K Gauba FIR against customers Indian Penal Code Metropolitan Magistrate Ankit Singla's Punjab National Bank section 200 of the CrPC.
Banking & Finance Law News Supreme Court suggests fine in cheque bounce cases October 16, 2011 by Legal India Admin | Leave a Comment The Supreme Court has suggested that the Negotiable Instruments Act, 1881, could be amended so that a convict in a cheque bounce case is made to pay a fine from which the complainant can be paid a compensation. “One other solution is a further amendment to the act so that in all cases where there […] Read more » cheque bounce cases Negotiable Instruments Act Supreme Court
Banking & Finance Law News Cabinet discusses black money issue after apex court rap January 20, 2011 by Legal India Admin | Leave a Comment Prime Minister Manmohan Singh raised the issue of black money during a cabinet meeting here Thursday, a day after the Supreme Court queried why the government cannot name those involved in this $1.5-trillion “national plunder”. The discussion came against the backdrop of the apex court coming down heavily on the government’s reluctance to provide full […] Read more » apex court black money Manmohan Singh Nitin Gadkari
Banking & Finance Law News Banks asked to deposit Emaar MGF’s guarantee money with court January 10, 2011 by Legal India Admin | Leave a Comment The Delhi High Court Monday asked two state-run banks to deposit the Rs.93 crore bank guarantee of real estate giant Emaar MGF for constructing the Commonwealth Games (CWG) village with its registrar general till the disposal of a case relating to incomplete work at the site. A division bench of Justice Vikramajit Sen and Justice […] Read more » Emaar-MGF
Banking & Finance Law News Security forces cannot solve every problem in Chhattisgarh: Court January 8, 2011 / January 8, 2011 by Legal India Admin | Leave a Comment The apex court Friday observed that sending security forces to Maoist-affected Chhattisgarh for dealing with every problem would not lead to a solution. The court also wondered if there was no solution to the problem by which tribals displaced due to the Salwa Judum civil milita movement in the state could return to their villages […] Read more » Gopal Subramanium Security forces Solicitor General (SG)
Banking & Finance Law News Citi banker accused of Rs.300 crore fraud gets six-day police remand January 6, 2011 by Legal India Admin | Leave a Comment Citibank manager Shivraj Puri, accused of masterminding a Rs.300 crore fraud, was handed a six-day police remand Thursday. ‘Puri was produced in court and he has been remanded to six-day police custody,’ Puri’s lawyer Sartaj Baswana said. An official said police took Puri’s custody to trace an iPad that contains important information. Also, experts with […] Read more » Citibank manager Shivraj Puri
