Article 35A, incorporated in the Constitution by a 1954 Presidential Order, confers special status to the permanent residents of Jammu and Kashmir, and bars people from outside the state from acquiring any […]
Currently, India does not have structured sentencing guidelines that have been issued either by the legislature or the judiciary. There cannot, therefore, be any uniformity. However, this Court has repeatedly held that the […]
Collegium Recommendation SUPREME COURT OF INDIA Re: Filling up vacancies of Judges in the Supreme Court. Against the sanctioned strength of 31 Judges, the Supreme Court of India is presently functioning with 22 […]
A Bench of Acting Chief Justice Gita Mittal and Justice C. Hari Shankar while quashing Aam Aadmi Party government`s, March 2017 notification revising minimum wages for all classes of workers in all scheduled […]
CRL.REF.No.2/2016 COURT ON ITS OWN MOTION ….. Petitioner versus STATE ….. Respondent Date of decision : 4 th August , 2018 Q.No. 1: What is the legality of recording a statement or version of the […]
The payments bank will be registered as a public limited company under the Companies Act, 2013, and licensed under Section 22 of the Banking Regulation Act, 1949, with specific licensing conditions restricting its activities mainly to acceptance of demand deposits and provision of payments and remittance services. It will be governed by the provisions of the Banking Regulation Act, 1949; Reserve Bank of India Act, 1934; Foreign Exchange Management Act, 1999; Payment and Settlement Systems Act, 2007; Deposit Insurance and Credit Guarantee Corporation Act, 1961; other relevant Statutes and Directives, Prudential Regulations and other Guidelines/Instructions issued by RBI and other regulators from time to time.