Case Law Details
Case Name : Mahanagar Nagrik Sahakari Bank Maryadit Vs Union of India And Others (Madhya Pradesh)
Related Assessment Year :
Courts :
All High Courts Madhya Pradesh HC
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Mahanagar Nagrik Sahakari Bank Maryadit Vs Union of India And Others (Madhya Pradesh)
Reserve Bank of India Circular Dated 25th June 2021; related to RBI control over Urban Co-Operative Banks; Stayed by Hon’ble MP High Court Jabalpur.
While hearing a writ petition challenging constitutionality of Banking Regulation (Amendment) Act, 2020, and consequential Circular dated 25 June, 2021, a Division Bench of High Court of Madhya Pradesh, headed by Chief Justice, has stayed the effect and operation of Reserve Bank of India’s circular dated 25th June, 2021, vide order dated 03rd September, 2021....
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