STATE BANK OF INDIA ACT, 1955 INTRODUCTION Objective of the Act To establish the State Bank of India (SBI) as a public sector banking institution by taking over the business of the Imperial Bank of […]
Category: Banking Law
Banking Law
RIGHT OF SET-OFF IN BANKING
RIGHT OF SET-OFF IN BANKING LAW 1. Meaning of Set-off In simple terms, Set-off means adjusting one debt against another. 👉 When two parties owe money to each other, the […]
Banking Law
Garnishee Orders in Banking
Garnishee Orders in Banking 1. What is a Garnishee Order? A Garnishee Order is an order of a court directing a third person (the Garnishee), who owes money to the […]
Banking Law
MAREVA INJUNCTION
MAREVA INJUNCTION Table of Content 1. What is a Mareva Injunction? Example 2. Why it was needed 3. Origin of the Term 4. Nature of the Mareva Injunction 5. […]
Banking Law
INTRODUCTION TO BANKING LAW
1. Nature, Scope, and Functions of Banking Law Nature of Banking Law Banking law is a set of legal rules and regulations that control how banks and financial institutions operate. […]
Simplifying Law
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