section 80p of income tax act
Case BriefsSupreme Court

The instant appeals had challenged the orders passed by Kerala High Court, Commissioner of Income Tax (Appeals) (‘CIT(A)’) and Income Tax Appellate Tribunal (‘ITAT’).

non voluntary amalgamation
Case BriefsSupreme Court

Supreme Court clarified that Clause 3(3) of amalgamation scheme does mention regarding continuation of legal proceedings by or against a transferee bank, but such amalgamation is aimed at securing larger public interest.

Op EdsOP. ED.

by Aditya Kaushik*

Op EdsOP. ED.

by Swarnendu Chatterjee+ and Anwesha Pal++

Cite as: 2022 SCC OnLine Blog Exp 75

Legislation UpdatesNotifications

In exercise of the powers conferred by clause (a) of section 54 of the Competition Act, 2002 (12 of 2003), the Central

Case BriefsSupreme Court

Supreme Court: Holding the Reserve Bank of India [RBI] Circular issued on 12.02.2018 ultra vires Section 35AA of the Banking Regulation Act,

Business NewsNews

Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders

Case BriefsSupreme Court

Supreme Court: Upholding the constitutional validity of Section 21A of the Banking Regulation Act, 1949, the Bench of RF Nariman and Navin

Hot Off The PressNews

It has come to the notice of Reserve Bank of India (RBI) that some Co-operative Societies are using the word “Bank” in

Legislation UpdatesStatutes/Bills/Ordinances

The promulgation of the Banking Regulation (Amendment) Ordinance, 2017 inserting two new Sections (viz. 35AA and 35AB) after Section 35A of the