27 June 2022


Search Results for Tag : Imposition

International Cases

Fact that, an error has been made in sentencing does not automatically mean that sentencing discretion should be exercised afresh(30.05.2018)

The Appellant appealed from the sentences imposed for the burglary, trespass and breach of bail offences. Sole ground of appeal was that, the learned .....

Tags : Sentence, Imposition, Validity

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News

Delhi HC Strikes Down IGST Imposition on Oxygen Concentrators Imported by Individuals(24.05.2021)

Delhi High Court has held that imposition of Integrated Goods and Services Tax on oxygen concentrators which are imported by individuals and are recei.....

Tags : Delhi High Court, IGST Imposition on Oxygen Concentrators Imported by Individuals

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SC Stays Delhi HC Judgment on IGST Imposition on Oxygen Concentrators as Unconstitutional(01.06.2021)

Supreme Court has stayed the Delhi High Court judgment which declared that imposition of Integrated Goods and Services Tax (IGST) for oxygen concentra.....

Tags : Supreme Court, IGST Imposition on Oxygen Concentrators

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Karnataka HC Issues Notice on Plea Against Imposition of New Building Norms on Existing Buildings(11.03.2022)

Karnataka High Court has issued notice to the State Government on a petition questioning imposition of certain new building norms even for the existin.....

Tags : Karnataka High Court, Imposition of New Building Norms

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Delhi HC: Non-Specification of Limb under which Penalty is Initiated is Arbitrary(04.04.2022)

Delhi High Court has held that the action of income tax authorities to deny the benefit of immunity from penalty under Section 270AA of the Income Tax.....

Tags : Delhi High Court, Imposition of Penalty

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In deciding an appeal, Court may set aside or vary the decision of the Court of Summary Jurisdiction and the sentence imposed(22.03.2019)

The Appellant pleaded guilty in the Magistrate's Court to four charges of trespass and two charges of possessing drug paraphernalia in which there wer.....

Tags : Sentence, Imposition, Legality

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A Court has discretion to take into account time spent in custody and can give credit by either reducing term or backdating sentence(10.09.2019)

Present two appeals against sentence are related and involved the failure to take into account time that, the Appellant spent in custody on remand. Th.....

Tags : Sentence, Imposition, Reduction

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Where advertiser failed to show a reasonable basis or prior substantiation for claims, consumer was believed to be acting under false or misleading representation(s).(19.12.2018)

In instant matter, proceedings initiated vide Show Cause Notice issued to Options International (SMCPvt.) Limited ('Respondent' or 'Options') by Compe.....

Tags : Deceptive Marketing Practices, Penalty, Imposition

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A pre-sentence order cannot be made if, at the time it is made, a sentence of immediate imprisonment is the only appropriate sentencing option(22.01.2019)

Present is a State appeal against the imposition of a pre-sentence order. The appeal is brought pursuant to Section 24(1)(a) of the Criminal Appeals A.....

Tags : Pre-sentence order, Imposition, Validity

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Judgments

Passengers cannot be examined every case; non-examination of passengers will not affect disciplinary proceedings(06.01.2017)

Petitioner is aggrieved by the judgment of Industrial Court, by which, his Complaint has been dismissed and punishment of reduction of pay by three st.....

Tags : Punishment, Imposition, Validity

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Substantive sentences imposed upon Appellant in three separate prosecutions, are to run concurrently(11.07.2017)

In facts of present case, Appellant was a Peon in office of Sub Registrar, Vazhoor. He was alleged to have misappropriated Rs. 92,225/- from public fu.....

Tags : Sentence, Imposition, Validity

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Default sentence is not to be merged with or allowed to run concurrently with a substantive sentence(20.09.2018)

Present appeal challenges the decision passed by the High Court affirming the conviction and sentence of the Appellant (original Accused No. 6) for of.....

Tags : Conviction, Fine, Imposition

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If the Assessee pays tax with interest, no notice shall be served(20.09.2018)

The Appellants are engaged in providing services under the category of "mining of mineral service". The Joint Commissioner of Service Tax issued a sho.....

Tags : SCN, Penalty, Imposition

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Departmental proceedings could continue even after date of superannuation(07.12.2018)

The Petitioner has filed the present petition under Article 226 of the Constitution of India challenging the legality of the order passed by Director,.....

Tags : Penalty, Imposition, Validity

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Lack of due diligence and failure to take more precautions cannot by itself bring in penal consequences for imposition of penalty, a positive act or omission is to be established(07.05.2019)

Present Appeal has been filed from the order passed by the Commissioner of Customs (Appeals) by which the Commissioner (Appeals) disposed of the Appea.....

Tags : Penalty, Imposition, Legality

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Unless it is proved that, person to be penalized has intentionally implicated himself in use of false and incorrect materials, there can be no justification for penalty(25.07.2019)

The only issue involved in the present appeal by the Assessee is the levy of penalty under Section 114AA of the Customs Act, 1962. The Appellant prefe.....

Tags : Penalty, Imposition, Validity

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General Manager being an authority higher to Disciplinary Authority can exercise power of Disciplinary Authority to impose penalty(08.01.2020)

Canara Bank and its functionaries have filed present appeals challenging the judgment of the Division Bench of the High Court, whereby the order of pu.....

Tags : Punishment, Imposition, Authority

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If Assessee has reasonable cause for non-filing of Income Tax Return, penalty is unsustainable(10.08.2020)

Present two appeals arise out of the orders passed by CIT(A), confirming penalty imposed under Section 271F of the Income-tax Act, 1961 ( IT Act) in r.....

Tags : Penalty, Imposition, Legality

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'Ten times penalty' prescribed for deficit stamp duty cannot be mechanically imposed(17.09.2020)

The Appellant by present appeals challenges the judgment of learned Single Judge of the High Court dismissing the Writ Petition of the Appellant as we.....

Tags : Stamp duty, Penalty, Imposition

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No penalty can be levied, when the violation is technical and venial(06.01.2021)

Present is an appeal filed by the assessee directed against the order of the Commissioner of Income Tax-(A) [CIT (A)] passed under Section 250 of the .....

Tags : Penalty, Imposition, Validity

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No penalty could be levied on an assessee for a mere technical venial breach(11.06.2021)

Present appeal arises out of the order by the learned Commissioner of Income Tax (Appeals), in the matter of imposition of penalty under Section 272A(.....

Tags : Penalty, Imposition, Legality

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When non-payment of tax is not due to fraud, collusion, wilful misstatement or suppression of facts, penalty cannot be imposed(30.06.2021)

The Appellant is engaged in providing construction of residential complex services. During the course of audit of the records, for the period 2012-201.....

Tags : Penalty, Imposition, Validity

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Bonafide mistake on the part of the assessee would not attract levy of penalty where all the particulars of income are duly disclosed(17.01.2022)

Present appeal is preferred by the assessee against the order passed by the Learned Commissioner of Income Tax, ['CIT(A)'] for assessment year 2014-15.....

Tags : Penalty, Imposition, Legality

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Present Court is not supposed to substitute its decision over the decision of administrative authority(17.02.2022)

Present petition is filed for issue of a writ in the nature of mandamus and for direction/order, thereby quashing/setting-aside the impugned Memorandu.....

Tags : Penalty, Imposition, Legality

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Penalty cannot be imposed without mentioning the specific charge(28.02.2022)

The instant appeal filed by the assessee is directed against the order passed by the Commissioner of Income Tax (Appeals) arising out of the penalty o.....

Tags : Penalty, Imposition, Legality

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Demand of reversal of cenvat credit cannot be upheld, as Rule 9(1)(bb) of the Cenvat Credit Rules is not applicable(07.03.2022)

Present appeal has been filed by Ineos Styrolution (India) Ltd. against demand of reversal of cenvat credit, interest and imposition of penalty under .....

Tags : Demand, Penalty, Imposition

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Court can interfere with departmental authority’s decision, if inquiry is not conducted in a fair manner by following rules of natural justice(24.03.2017)

Ratio: Inquiry has to be conducted in a fair manner by following rules of natural justice

Instant writ petition has been preferred.....

Tags : Punishment, Imposition, Legality

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Any transaction done with respect to the assets of the Corporate Debtor/Corporate Applicant after imposition of moratorium is invalid(26.03.2021)

The present Appeal is filed against the Order passed by the National Company Law Tribunal, Hyderabad (Adjudicating Authority), whereby the Adjudicatin.....

Tags : Imposition, Moratorium, Transaction

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Consumer Forum has jurisdiction to adjudicate the legitimacy of statutory dues(16.09.2019)

In present case, the reference arises out of the order passed by a two-Judge Bench of present Court, wherein they expressed doubt as to the correctnes.....

Tags : imposition, Statutory due, Consumer fora, Jurisdiction

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Allegations of clandestine manufacture and removal are required to be proved by production of sufficient evidence(18.01.2018)

All the present appeals have been filed against the Order-in-Original. Four appeals have been filed by the assessee as well as related parties, challe.....

Tags : Penalty, Imposition, Validity

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When statute specifically provides for a code of conduct and penalty for infringement thereof, it is not proper to bring such violation within the realm or scope of another statutory provision(21.03.2018)

Instant appeals are against common impugned order, involving the issue of imposition of penalties for illegal export of Red Sanders, instead of the de.....

Tags : Penalty, Imposition, Validity

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Where the charge is not properly set out in the notice under Section 274 of IT Act, the penalty order gets vitiated(10.01.2022)

The assessee was subjected to Survey action under Section 133A of the Income-tax Act, 1961 (IT Act), wherein a sum of Rs. 10,86,800 was offered as add.....

Tags : Penalty, Imposition, Validity

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Notifications & Circulars

RBI imposes Monetary Penalty on M/s Radhakrishna Finance Pvt. Ltd(14.12.2017)

The Reserve Bank of India (RBI) has imposed a monetary penalty of ?1 lakh on M/s Radhakrishna Finance Pvt. Ltd. (the company) under Section 58G(1)(b) .....

Tags : Direction, Violation, Penalty, Imposition

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Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh(21.12.2017)

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that .....

Tags : Quality Norms, imposition, Solar Equipment

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Competition Commission of India imposes penalty upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. for abusing dominant position(27.09.2018)

The Competition Commission of India (CCI) has imposed a penalty of Rs. 9.33 lac upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. ('Esaot.....

Tags : Penalty, Imposition, Dominant position

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CCI imposes penalties upon Sugar Mills and their Associations for rigging the bids in respect of Joint Tender floated by Oil Marketing Companies for procurement of Ethanol for blending with Petrol(18.09.2018)

The Competition Commission of India (CCI) has imposed penalties upon 18 sugar mills and 2 Associations (Indian Sugar Mills Association and Ethanol Man.....

Tags : Penalty, Imposition, Bid rigging

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Competition Commission of India imposes Penalty on Chemists and Druggists Association of Baroda(16.01.2019)

The Competition Commission of India ('Commission') has found the Chemists and Druggists Association of Baroda ('CDAB') to be in contravention of the p.....

Tags : Restrictive trade practices, Penalty, Imposition

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Imposition of anti-dumping duty on the subject goods(14.03.2019)

Whereas, in the matter of import of 'Saturated Fatty Alcohols' (hereinafter referred to as the subject goods), falling under tariff items 2905 17, 290.....

Tags : Anti-dumping duty, Imposition, Goods

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Reserve Bank of India imposes penalty on United Overseas Bank Limited(03.10.2019)

The Reserve Bank of India (RBI) has, by an order dated October 01, 2019, imposed a monetary penalty of ` One crore on United Overseas Bank Limited (th.....

Tags : Non-compliance, Provision, Penalty, Imposition

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Issue of Late Cut being imposed by the system while applying MEIS on reactivated shipping bills(09.10.2019)

The Directorate has been receiving multiple representations from the members of the trade and the EPCs regarding the difficulties being faced by expor.....

Tags : Late Cut, Imposition, Meis, Shipping bills

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Imposition of VAT on petrol and diesel(01.08.2018)

Union Minister of Petroleum & Natural Gas, Shri Dharmendra Pradhan has said that Article 279A (5) of the Constitution provides that Goods and Services.....

Tags : VAT, Imposition, Petrol and diesel

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Reserve Bank of India imposes monetary penalty on Saraswat Co-operative Bank Ltd.(28.05.2020)

The Reserve Bank of India (RBI) has imposed, by an order dated February 20, 2020, a monetary penalty of Rs.30 lakh (Rupees Thirty lakh only) on Sarasw.....

Tags : Penalty, Imposition, Non-compliance

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Imposition on subject goods falling under tariff items 8541 40 11 or 8541 40 12 of the First Schedule to the Customs Tariff Act, when imported into India, a safeguard duty at the specified rate(29.07.2020)

Whereas, the designated authority, vide notification No. 22/1/2020-DGTR, dated the 3rd March 2020, published in the Gazette of India, Extraordinary, P.....

Tags : Imposition, Tariff, Import

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Reserve Bank of India imposes monetary penalty on Federal Bank Limited(03.10.2018)

The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of Rs. 50 million on Federal Bank Limited (the b.....

Tags : Penalty, Federal bank, Imposition

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RBI imposes monetary penalty on Nashik Zilla Girna Sahakari Bank Ltd., Nashik(24.09.2020)

The Reserve Bank of India (RBI) has imposed, by an order dated September 23, 2020 a monetary penalty of Rs.2,000 on Nashik Jillha Girna Sahakari Bank .....

Tags : Monetary penalty, Imposition

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Reserve Bank of India imposes monetary penalty on Central Bank of India(10.11.2020)

Reserve Bank of India (RBI) has, by an order dated November 10, 2020, imposed a monetary penalty of Rs. 50 lakh (Rupees Fifty lakh only) on Central Ba.....

Tags : Penalty, Imposition, Central Bank

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Reserve Bank of India imposes monetary penalty on Muthoot Finance Limited(19.11.2020)

The Reserve Bank of India (RBI) has imposed, by an order dated November 19, 2020, a monetary penalty of Rs.10.00 lakh (Rupees Ten lakh only) on Muthoo.....

Tags : Penalty, Imposition, Muthoot Finance

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Reserve Bank of India imposes monetary penalty on Bajaj Finance Limited(05.01.2021)

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 2.50 crore (Rupees Two crore Fifty lakh only) on Bajaj Finance Limited, Pune (th.....

Tags : Penalty, Imposition, Bajaj Finance

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Reserve Bank of India imposes monetary penalty on Standard Chartered Bank - India(21.01.2021)

The Reserve Bank of India (RBI) has, by an order dated January 21, 2021, imposed a monetary penalty of Rs. 2 Crore (Rupees Two Crore only) on Standard.....

Tags : Penalty, Imposition, Bank

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Green tax to be imposed on older vehicles soon, to clean up the environment by phasing out unfit and polluting vehicles(25.01.2021)

The Union Minister for Road Transport and Highways Sh. Nitin Gadkari has approved a proposal to levy a "Green Tax" on old vehicles which are polluting.....

Tags : Green tax, Imposition, Older vehicles

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RBI imposes monetary penalty on Punjab National Bank(07.06.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2021, a monetary penalty of Rs.2 crore (Rupees Two Crore only) on Punjab Natio.....

Tags : Penalty, Imposition, PNB

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RBI imposes monetary penalty on Axis Bank Limited(28.07.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated July 28, 2021, a monetary penalty of Rs. 5.00 crore (Rupees Five crore only) on Axis Ba.....

Tags : Penalty, Imposition, Axis Bank

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RBI imposes monetary penalty on Hewlett-Packard Financial Services (India) Private Ltd(03.08.2021)

The Reserve Bank of India (RBI) has, by an order dated August 03, 2021, imposed a monetary penalty of Rs. 6 lakh (Rupees Six Lakh only) on Hewlett-Pac.....

Tags : Penalty, Imposition, Non-compliance

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RBI imposes monetary penalty on two Payment System Operators(20.10.2021)

The Reserve Bank of India (RBI) had, by an order dated October 01, 2021, imposed a monetary penalty of Rs.1 crore (Rupees one crore only) on Paytm Pay.....

Tags : Penalty, Imposition, Payment System Operators

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Reserve Bank of India imposes monetary penalty on IDBI Bank Limited(11.04.2018)

The Reserve Bank of India (RBI) has imposed, through an order dated April 09, 2018, a monetary penalty of Rs. 30 million on IDBI Bank Limited (the ban.....

Tags : Penalty, Imposition, IDBI Bank

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RBI imposes monetary penalty on Union Bank of India(29.11.2021)

The Reserve Bank of India (RBI) has, by an order dated November 25, 2021, imposed a monetary penalty of Rs. 1 Crore (Rupees One Crore only) on Union B.....

Tags : Non-compliance, Monetary penalty, Imposition

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CCI imposes a penalty on paper manufacturers for indulging in cartelisation(18.11.2021)

The Competition Commission of India (CCI) issued a final order yesterday against certain companies manufacturing paper from agricultural waste and rec.....

Tags : Penalty, Imposition, Cartelisation

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RBI imposes monetary penalty on Nagrik Sahakari Bank Maryadit, Durg, Chhattisgarh(16.11.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2021, a monetary penalty of Rs. 2.00 lakh (Rupees Two lakh only) on Nagrik.....

Tags : Penalty, Imposition, Bank

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Imposition of anti-dumping duty on specified goods at the specified rate(06.12.2021)

1. Whereas in the matter of 'Certain Flat Rolled Products of Aluminium' (hereinafter referred to as the subject goods) falling under chapter heading 7.....

Tags : Imposition, Anti-dumping duty, Specified goods

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Imposition of anti-dumping duty on subject goods(07.05.2018)

Whereas, in the matter of import of 'Jute Products' namely, Jute Yarn/Twine (multiple folded/cabled and single), Hessian fabric, and Jute sacking bags.....

Tags : Anti-dumping duty, Goods, Imposition

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Reserve Bank of India imposes monetary penalty on Gayatri Co-operative Urban Bank Ltd.(10.01.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated January 4, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees one lakh only) on Gayatri .....

Tags : Non-compliance, Penalty, Imposition

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Reserve Bank of India imposes monetary penalty on The Baramulla Central Co-operative Bank Limited(21.02.2022)

Reserve Bank of India (RBI) has imposed, by an order dated February 15, 2022, a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakh only) on the Baramull.....

Tags : Contravention, Penalty, Imposition

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Proclamation by the President of India regarding the imposition of Governor's rule in the State of Jammu and Kashmir(19.12.2018)

G.S.R.1223(E).--The following Proclamation by the President is published for general information:-

Whereas, I, Ram Nath Kovind, President of.....

Tags : Governor's rule, Imposition, Proclamation, President

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Reserve Bank of India imposes monetary penalty on DCB Bank Limited(28.10.2020)

The Reserve Bank of India (RBI) has, by an order dated October 28, 2020, imposed a monetary penalty of Rs. 22 lakh (Rupees Twenty Two lakh only) on DC.....

Tags : Penalty, Imposition, DCB Bank Limited

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Reserve Bank of India imposes monetary penalty on Manappuram Finance Limited(19.11.2020)

The Reserve Bank of India (RBI) has imposed, by an order dated November 19, 2020, a monetary penalty of Rs. 5.00 lakh (Rupees Five lakh only) on Manap.....

Tags : Penalty, Imposition, Manappuram Finance

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Reserve Bank of India imposes monetary penalty on Syndicate Bank(05.02.2019)

The Reserve Bank of India (RBI) has imposed, by an order dated January 30, 2019, a monetary penalty of Rs. 10 million on Syndicate Bank (the bank) for.....

Tags : Penalty, Imposition, Syndicate Bank

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RBI imposes monetary penalty on State Bank of India(16.03.2021)

The Reserve Bank of India (RBI) has, by an order dated March 15, 2021, imposed a monetary penalty of ₹2 Crore (Rupees Two Crore only) on State Bank of.....

Tags : Monetary penalty, Imposition, SBI

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Reserve Bank of India imposes monetary penalty on Punjab National Bank(27.03.2019)

Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with .....

Tags : Direction, Non-compliance, Penalty, Imposition

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Reserve Bank of India imposes monetary penalty on South Indian Bank Limited(19.06.2019)

The Reserve Bank of India (RBI) has imposed, by order dated June 13, 2019, monetary penalty of Rs.1 million on South Indian Bank Limited (the bank) fo.....

Tags : Monetary penalty, Imposition, South Indian Bank Limited

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Reserve Bank of India imposes monetary penalty on SBM Bank (India) Ltd(16.10.2019)

The Reserve Bank of India (RBI) has, by an order dated October 15, 2019, imposed a monetary penalty of Rs. 3 crore on SBM Bank (India) Ltd. for non-co.....

Tags : Penalty, Imposition, SBM Bank

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RBI imposes monetary penalty on Amrit Malwa Capital Limited, Jalandhar, Punjab(28.09.2021)

The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of Rs.10 lakh (Rupees Ten Lakh only) on Amrit Ma.....

Tags : Penalty, Imposition, Company

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Reserve Bank of India imposes monetary penalty on Axis Bank Limited(01.09.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated September 01, 2021, a monetary penalty of Rs. 25 lakh (Rupees Twenty five lakh only) on.....

Tags : Penalty, Imposition, Axis Bank

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Reserve Bank of India imposes monetary penalty on Apna Sahakari Bank Ltd., Mumbai(23.01.2020)

The Reserve Bank of India (RBI) has, by order dated January 22, 2020, imposed monetary penalty of Rs. 14 lakh on Apna Sahakari Bank Ltd., Mumbai, (the.....

Tags : Penalty, Imposition, Bank

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Reserve Bank of India imposes monetary penalty on ICICI Bank Ltd.(15.12.2021)

The Reserve Bank of India (RBI) has imposed, by an order dated December 13, 2021, a monetary penalty of Rs. 30 Lakh (Rupees Thirty Lakh only) on ICICI.....

Tags : Penalty, Imposition, Non-compliance

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Reserve Bank of India imposes monetary penalty on Indian Bank(20.11.2019)

The Reserve Bank of India (RBI) has imposed, by order dated November 18, 2019, monetary penalty of Rupees One crore on Indian Bank (the bank) for non-.....

Tags : Penalty, Imposition, Indian Bank

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Reserve Bank of India imposes monetary penalty on State Bank of India(07.03.2018)

The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ` 4 million on State Bank of India (the bank) for non-compliance.....

Tags : Penalty, Imposition, SBI

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Reserve Bank of India imposes monetary penalty on United India Co-operative Bank Limited, Uttar Pradesh(14.03.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated March 09, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One Lakh only) on the Unite.....

Tags : Contravention, Penalty, Imposition

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Safeguard duty on Solar cells whether or not assembled in modules or panels(13.08.2018)

1. Vide notification No. 1/2018-Customs (SG), dated the 30th July, 2018, safeguard duty has been imposed on Solar cells whether or not assembled in mo.....

Tags : Safeguard duty, Solar cells, Imposition

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Central Government hereby imposes on the subject goods an anti-dumping duty at the rate equal to the amount as specified(09.11.2016)

Whereas, the designated authority vide notification No. 15/18/2015-DGAD, dated the 1st October, 2015, published in the Gazette of India, Extraordinary.....

Tags : Goods, Duty, Imposition

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Reserve Bank of India imposes monetary penalty on FINO Payments Bank Limited(05.11.2018)

The Reserve Bank of India (RBI) has, on October 31, 2018, imposed a monetary penalty of Rs. 10 million on FINO Payments Bank Limited (the bank) for co.....

Tags : Penalty, Imposition, Bank Limited

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RBI imposes monetary penalty on The Jammu and Kashmir Bank Ltd(14.11.2018)

The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of Rs. 30 million on The Jammu and Kashmir Bank L.....

Tags : Penalty, Imposition, Bank

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RBI imposes monetary penalty on Tiruchengode Co-operative Urban Bank Ltd.(27.06.2022)

The Reserve Bank of India (RBI) has imposed, by an order dated June 24, 2022, a monetary penalty of ₹ 10.00 lakh (Rupees Ten lakh only) on The Tiruche.....

Tags : Non-adherence, Penalty, Imposition

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