Indian Overseas Bank

Assignment of Lead Bank Responsibility in districts of Metropolitan Areas

RBI/2013-14/130 RPCD.CO.LBS.BC.No.12/02.08.001/2013-14 July 11, 2013 The Chairmen & Managing Directors All Lead Banks Dear Sir/Madam, Assignment of Lead Bank Responsibility in districts of Metropolitan Areas Please refer to paragraph 70 of Monetary Policy Statement 2013-14, in terms of which it was decided to bring all districts in metropolitan areas under the fold of the lead bank scheme.… Read More

Tags: Bank of IndiaCanara BankDelhiIndian Overseas BankMumbaiOriental Bank of CommercePunjab National BankState Bank of India

Agreement for sale or an agreement to sell itself does not create any interest or charge

CLR Editorial Notes: In the said judgment, while examining the ambit and scope of Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 (for short, the 'Act of 1985') and its overriding application over the provisions of Transfer of Property Act, 1882 (for short, the 'Act of 1882'), with particular reference to Section… Read More

Tags: Bank of BarodaDena BankIndian Overseas BankObjection CertificatePunjab National BankSupreme CourtSupreme Court of IndiaSwatanter Kumar

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