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Update as on June 12, 2015

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RECENT JUDGMENTS:

High Court of Bombay:

· Shailesh Gandhi vs. The Central Information Commission [11.06.2015]

· Pravin s/o. Uddhavrao Ghatge & Ors. vs. The Vasantrao Naik Marathwada Krishi Vidyapeeth & Anr. [11.06.2015]

· M/s. Hotel Paras Garden & Anr. vs. Central Bank of India & Ors.

· Marotrao s/o Nanaji Pachbhai vs. The State of Maharashtra & Ors. [08.06.2015]

· Amit son of Bhagirath Mishra vs. The State of Maharashtra & Anr. [05.05.2015]

RECENT NOTIFICATIONS:

· Priority Sector Lending – Revised Reporting System

· External Commercial Borrowings (ECB) for Civil Aviation Sector

· External Commercial Borrowings (ECB) for low cost affordable housing projects

· Subscription to chit funds by Non-Resident Indian on non-repatriation basis

· Reporting requirement on On-site, Off-site and Mobile ATMs

· Guidelines on Sale of Financial Assets to Securitisation Company (SC)/Reconstruction Company (RC) and Related Issues

· Amendment to Prevention of Money Laundering (Maintenance of Records) Rules, 2005 – additional documents for the limited purpose of ‘proof of address’

· Master Circular – “Non-Banking Financial Companies – Corporate Governance (Reserve Bank) Directions, 2015”

· Master Circular – “Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011”

· Master Circular – “Non-Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015”

· Master Circular – “Systemically Important Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2015”

RECENT FOREIGN COURT DECISIONS:

England & Wales High Court (Chancery Division) Decision:

· Apinder Singh Ghura & Ors v Shokat Mohammed Dalal & Ors [2015] EWHC 1685 (Ch) (11 June 2015)

England & Wales High Court (Queen’s Bench Division) Decision:

· Ben Harman v East Kent Hospitals NHS Foundation Trust [2015] EWHC 1662 (QB) (11 June 2015)

Source: Bombay High Court

Tags: bombay high court

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