Kanwar Natwar Singh and Kanwar Jagat Singh vs ED and Anr.
Dealing in foreign exchange-Failure to repatriate foreign exchange within stipulated period-A complaint had been filed against the appellants under s.16(3) of the Foreign Exchange Management Act 1999 alleging that the appellants along with ot [LexDoc Id : 395708]
SC
2010
Sasidharan Pillai K.V. and Ors. vs Indian Overseas Bank and Ors.
Companies Act 1956 vis-à-vis RDB Act 1993: Overriding effect of 1956 Act-Jurisdiction of authorities under 1993 Act not ousted, Priorities among creditors to be decided as per priorities fixed under s.529-A of 1956 Act-The provisions in the Companies Act 1956 would not oust jurisdiction of the authorities under the Recovery of Debts due to Banks and Financial Institu [LexDoc Id : 403494]
Punjab and Sind Bank vs Allied Beverages Co. (P) Ltd. and Ors. and Vice Versa
Interest: Rates of interest charged by banking companies not to be subject to scrutiny-Financial difficulties, Settlement sought for with bank unsuccessful, Reduction of rate of-The financial facilities given by the appellant to the respondent were duly secured by way of
hypothecation over stock of raw materials, finished pro [LexDoc Id : 397936]
