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Forms of Business of Banking Companies | Banking Law

Section 6 (Part II) of the Banking Regulation Act deals with the provisions of Business of Banking Companies and the forms of Business …

Inspection (Section 35 )of Banking companies by Reserve Bank of India (RBI)

Section 35 of the Banking Regulation Act 1949 have been incorporated to check the malpractices in Banking Companies. Section 35 of…

Audit (Section 30) under the Banking Regulation Act 1949

Every banking company has to obtain the previous approval of The Reserve Bank before appointing or Re-appointing and removing any audito…

Jurisdiction of Civil Court and Criminal Court

What is Jurisdiction -          Jurisdiction is the power to hear and determine the subject matter in controversy between the parties to suit. T…

Words of Rank | Interpretation of Statute

Words of Rank rule is an outcome of "ejusdem generic".  According to the rule of words of rank the Statute which deals with perso…

Fundamental Rights, Nature of Fundamental Rights

A constitution is an organic instrument. It is a fundamental law of the nation. Part III of the Indian Constitution Article 14 to Article 35…

Consolidating statute | The Interpretation of Statutes

1) What is statute -        A statute means any Law, Enactment, Act.  "A  Statute is a formal written enactment of Legislative authority …

Taxing Statute | Law of Interpretation of Statute

What is Statute -      A Statute is a formal written enactment of Legislative authority that governs a country, state, city or county. In simple …
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