Supreme Court Upholds RBI’s Authority in Bond Dispute: SIDBI vs. Sibco Investment (2022)

/ Banking Regulation Act, 1949, Banking Regulation Act, 1949 with Section 35-A, Companies Act, 1956, Companies Act, 1956 with Section 441(2), Companies Act, 1956 with Section 531, Hrishikesh Roy, Judges, R. Subhash Reddy, Reserve Bank of India Act, 1934, Reserve Bank of India Act, 1934 with Section 45-JA, Reserve Bank of India Act, 1934 with Section 45-MB

Supreme Court Upholds RBI’s Authority in Bond Dispute: SIDBI vs. Sibco Investment (2022) LEGAL ISSUE: Whether the Reserve Bank of India (RBI) directives regarding the transfer of bonds are binding on financial institutions. CASE TYPE: Civil Appellate Jurisdiction, Banking Law. Case Name: Small Industries Development Bank of India vs. M/s. Sibco Investment Pvt. Ltd. Judgment […]

Supreme Court Upholds RBI’s Authority in Bond Dispute: SIDBI vs. Sibco Investment (2022) Read Post »