Criminal Law News PSU Bank official, three pvt persons jailed in corruption case November 23, 2015 by Legal India News | Leave a Comment A senior official of Union Bank of India and three others have been sentenced to varying jail terms of two to four years for cheating and causing a loss of Rs 1.5 crore to the bank by a Delhi court, which said plunder of public exchequer cannot be permitted at any cost. The court said […] Read more » CBI corruption case Court featured Legal News PSU Bank official three pvt persons jailed in corruption case Union Bank of India
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