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Category: Banking Regulation Act

Regulation of Acquisition of Shares or Voting Rights Under Section 12 of Banking Act

18/03/2022 Varun Jha Banking Regulation Act Leave a comment

12B. Regulation of acquisition of shares or voting rights.— (1) No person (hereinafter referred to as “the applicant”) shall, except

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Section 16 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 16 of The Banking Regulation Act. Prohibition of common directors.— (1) No banking company incorporated

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Section 15 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 15 of The Banking Regulation Act. Restrictions as to payment of dividend.— (1) No banking

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Section 14A of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 14A of The Banking Regulation Act. 14A. Prohibition of floating charge on assets.— (1) Notwithstanding

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Section 14 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 14 of The Banking Regulation Act. Prohibition of charge on unpaid capital.— No banking company

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Section 13 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 13 of The Banking Regulation Act. Restriction on commission, brokerage, discount, etc., on sale of

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Section 12A of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 12A of The Banking Regulation Act. 12A. Election of new directors.— (1) The Reserve Bank

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Section 12 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 12 of The Banking Regulation Act. Regulation of paid–up capital, subscribed capital and authorised capital

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Section 11 of The Banking Regulation Act

11/07/2021 Varun Jha Banking Regulation Act Leave a comment

Here we will see Section 11 of The Banking Regulation Act. Requirement as to minimum paid–up capital and reserves.— (1)

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