The objective of the system is to facilitate centralised processing for repetitive and bulk payment instructions. Sponsor banks shall submit NECS data at a single centre viz. at Mumbai. NECS (Credit) shall facilitate multiple credits to beneficiaries’ accounts at core banking enabled destination bank branches spread across the country against a single debit of the account of a User with the Sponsor Bank which maintains settlement account in the books of RBI, Mumbai. NECS (Debit), when operationalised, shall facilitate multiple debits to destination account holders against single credit to User account.
Tag: 2011CE
Rule of Law by Venice Commission – 2011
After examining the historical origins of the concepts of Rule of Law, Rechtsstaat and Etat de droit, the report looked at these concepts in positive law. In international law, they appear in a number of treaties but also in soft law; in national law, they appear as a main feature of the state in the constitutions of Germany as well as of a number of former socialist countries of Central and Eastern Europe. The notion of the Rule of Law is however often difficult to apprehend in former socialist countries, which were influenced by the notion of socialist legality.
Canada Internet Child Pornography Reporting Regulations -2011
For each report received in accordance with section 2 of the Act, the designated organization must retain the reported Internet address and a copy of the receipt issued under paragraph 3(c) for two years after the day on which the report is received.
Charities Act 2011
Be it enacted by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:—
Press Release of Basel Committee on Banking Supervision on Basel-III Framework-01/06/2011
Strong capital requirements are a necessary condition for banking sector stability but by themselves are not sufficient. A strong liquidity base reinforced through robust supervisory standards is of equal importance. To date, however, there have been no internationally harmonised standards in this area. The Basel Committee is therefore introducing internationally harmonised global liquidity standards. As with the global capital standards, the liquidity standards will establish minimum requirements and will promote an international level playing field to help prevent a competitive race to the bottom.
Constitution of Hungary-2011
In order to facilitate a peaceful political transition to a constitutional state, establish a multi-party system, parliamentary democracy and a social market economy, the Parliament of the Republic of Hungary hereby establishes the following text as the Constitution of the Republic of Hungary, until the country's new Constitution is adopted.
CPI(M) collapsed because it abandoned basic path of class struggle-All India Left Coordination
The All India Left Coordination, which was formed through a National Convention in Delhi on August 11, 2010, sponsored jointly by the CPI(ML)(liberation), CPM Punjab, Lal Nishan Party (Leninist) of Maharashtra and Left Coordination Committee, Kerala, rejects these shrill cries of bourgeois triumphalism and appeals to the people to see through this political and ideological game plan of the ruling classes, that have already launched a war on the people, on their resources and rights, livelihood and liberty.
United Kingdom Cabinet Manual-2011
On entering government I set out, with the Deputy Prime Minister, our shared desire for a political system that is looked at with admiration around the world and is more transparent and accountable. The Cabinet Manual sets out the internal rules and procedures under which the Government operates. For the first time the conventions determining how the Government operates are transparently set out in one place.
NARMADA Bachao Andolan Versus State of Madhya Pradesh – 26/07/2011
a decision to be the decision of the Government must satisfy the requirements of the Business Rules framed by the State Government under the provisions of Article 166(3) of the Constitution of India.
Advocatetanmoy Law Library 