Update as on August 06, 2014

RECENT JUDGMENTS:

Supreme Court of India:

·          Mohinder Singh & Ors. vs. State of Haryana  [05.08.2014]

·          Sree Mahesh Stationaries & Anr. vs. Indiabulls Financial Services Ltd.  [05.08.2014]

·          M/s Apex Distributors & Anr. vs. M/s Timex Group India Ltd.  [05.08.2014]

High Court of Bombay:

·          Sau. Pramila wife of Panjab Tayde vs. Bandu son of Samadhan Tayde  [05.08.2014]

·          Rashtrasant Tukdoji Regional Cancer Hospital and Research Center & Anr. vs. Sau. Sushila w/o.  Vinayakrao Bodhule & Anr.  [05.08.2014]

·          Shaikh Wajid S/o Abdul Gani vs. The State of Maharashtra Through Police Station, Ahmedpur, Tq. Ahmedpur, Dist. Latur & Ors.  [05.08.2014]

·          Shri. U. L. Telgaonkar vs. The State of Maharashtra Through Secretary, Home Department, Mantralaya, Mumbai – 32 & Ors.  [05.08.2014]

·          NRC Limited vs. Kalyan Dombivli Municipal Corporation & anr.  [04.08.2014]

·          L.Rs. of Pandurang Dharmadhikari, a) Vidyasagar S/o Pandurang Dharmadhikari & Ors. vs. Kusumtai  @ Malini  W/o  Vasantrao  Bhagwat & Ors.  [04.08.2014]

·          Dattatraya Narayan Shitole vs. Sadashiv s/o Dada Bhosale & Ors.  [01.08.2014]

RECENT NOTIFICATIONS:

·          Regulatory framework for SCs/RCs – Certain amendments

·          Monetary Policy Statement 2014-15 – SLR Holdings under Held to Maturity Category

·          Section 24 of the Banking Regulation Act, 1949 (AACS) – Maintenance of Statutory Liquidity Ratio (SLR)

·          Section 24 of the Banking Regulation Act, 1949 - Maintenance of Statutory Liquidity Ratio (SLR)

·          Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards / Combating of Financing of Terrorism (CFT) /Obligation of banks under Prevention of Money Laundering Act (PMLA), 2002 Obligation of banks - Amendment to Prevention of Money-laundering (Maintenance of Records) Rules 2013

RECENT FOREIGN COURT DECISION:

England & Wales High Court (Chancery Division) Decision:

·          Top Brands Ltd & Ors v Gagen Dulari Sharma & Ors [2014] EWHC 2753 (Ch) (04 August 2014)