12 August 2024


Search Results for Tag : withdraw

International Cases

Once Court recognized its jurisdiction over a public interest matter, applicant is not entitled to halt proceedings by unilateral withdrawal(14.09.2018)

Issue involved in present case was relating to maintainability of proceedings initiated vide Show Cause Notice No. 70/2012 dated 14th June 2012 (SCN').....

Tags : Jurisdiction, Complaint, Withdrawal

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Top Story

Income Tax Department introduces a new utility for banks, post offices to check TDS rate on high value cash withdrawals(12.07.2020)

The Income Tax Department has facilitated a new functionality for Banks and Post offices through which they can ascertain the TDS applicability rates .....

Tags : TDS rate, Cash withdrawal, Applicability

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RBI announces withdrawal of incremental cash reserve ratio (I-CRR)(08.09.2023)

RBI decides to discontinue the I-CRR in a phased manner. Based on an assessment of current and evolving liquidity conditions, it has been decided that.....

Tags : I-CRR, Review, Withdrawal

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News

RBI Enhances Withdrawal Limits From ATMs From Rs. 4500 to Rs 10,000 Per Day(16.01.2017)

Reserve Bank of India (RBI) has enhanced limit on withdrawals from ATMs from current limit of Rs.4,500 to Rs.10,000 per day per card.

Tags : Reserve Bank of India, Withdrawal Limits, ATMs

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Delhi HC Turn Down Plea Challenging Withdrawal Limits For Marriages(30.11.2016)

Delhi High Court has refused to grant any relaxation in withdrawal limit of Rs. 2.5 lakh for weddings, imposed in wake of the ban on Rs 500 and Rs. 1,.....

Tags : Delhi High Court, Withdrawal Limits, demonetization

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RBI Capped Withdrawal From Jan Dhan Accounts to Rs. 10000 Per Month(30.11.2016)

Reserve Bank of India (RBI) has issued a notification saying that Jan Dhan Account Holders will be allowed to withdraw only Rs 10,000 a month, as a te.....

Tags : Reserve Bank of India, Jan Dhan Account, money laundering, withdraw

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Delhi HC Rejects Plea Challenging Cash Withdrawal Limits(05.12.2016)

Delhi HC has said that restrictions on daily withdrawal of cash is a policy decision that is beyond the scope of judicial review and dismissed a PIL a.....

Tags : Delhi HC, demonetisation, withdrawal

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RBI Enhances PMC Bank Depositors Withdrawal Limit to Rs 25,000(04.10.2019)

Reserve Bank of India has enhanced the withdrawal limits for depositors of the scam-hit Punjab & Maharashtra Cooperative Bank (PMC) to Rs 25,000 from .....

Tags : RBI, Withdrawal Limit

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RBI: No Cash Withdrawal Limits Post March 13(09.02.2017)

Reserve Bank of India (RBI) has said that cash withdrawal limits, currently in place for savings bank accounts will be removed in two stages, initiall.....

Tags : Reserve Bank of India, Cash Withdrawal

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Corporate Debtor can Withdraw Application Filed Under IBC on Making OTS Offer to Creditor : NCLT(28.01.2019)

NCLT has allowed the a corporate debtor to withdraw petition for its insolvency, though with costs, besides allowing ex-director of corporate debtor t.....

Tags : NCLT, Corporate Debtor can Withdraw Application Filed Under IBC

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EPFO Tightens PF Withdrawal Norms(29.02.2016)

Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana. Now,.....

Tags : EPFO, withdrawal of provident fund

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RBI: No Restrictions on ATM Withdrawals From Feb 01(31.01.2017)

Reserve Bank of India (RBI) has said that limits on ATM withdrawals will further be eased from February 1 and curbs on branch withdrawals from current.....

Tags : Reserve Bank of India, ATM Withdrawals

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Kerala HC Issues Notice on Plea Challenging Order Directing Withdrawal of Suspension of Officers(27.09.2021)

Kerala High Court has issued notice to the State on a petition challenging the Government Order directing to withdraw the suspension of certain office.....

Tags : Kerala High Court, Withdrawal of Suspension of Officers

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Govt.: No TDS for PF Withdrawals of Up to Rs 50,000 from June 1(31.05.2016)

Govt. has notified that no tax would be deducted at source for PF withdrawals of up to Rs 50,000 from June 1.

Tags : Govt. , PF Withdrawals

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CRIMINAL - “Sufficient Ground” for Withdrawal Of Suit in O 23 R 1(b) CPC Not Limited To Formal Defect: Orissa HC(19.03.2019)

Orissa HC while answering a reference arising out of conflicting judgments held that expression "sufficient grounds" occurring in Order 23, Rule 1(b) .....

Tags : Orissa HC, Withdrawal of Suit, CPC, Order 23 Rule 1(b)

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CIVIL - “Sufficient Ground” for Withdrawal Of Suit in O 23 R 1(b) CPC Not Limited To Formal Defect: Orissa HC(19.03.2019)

Orissa HC while answering a reference arising out of conflicting judgments held that expression "sufficient grounds" occurring in Order 23, Rule 1(b) .....

Tags : Orissa HC, Withdrawal of Suit, CPC, Order 23 Rule 1(b)

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NCDRC: No Right to Re-Approach NCDRC Once Complaint is Withdrawn to Move RERA(09.09.2022)

National Consumer Disputes Redressal Commission (NCDRC) has held that a complainant, having exercised the option of withdrawing his complaint from NCD.....

Tags : NCDRC, RERA, Withdrawing

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Reserve Bank of India Lifts All Limit on Cash Withdrawals(14.03.2017)

Reserve Bank of India has lifted all limits on cash withdrawals from banks and ATMs.

Tags : Reserve Bank of India, cash withdrawals

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EPFO Stays New PF Withdrawal Norms Till April 30(04.04.2016)

Employees Provident Fund Organisation (EPFO) has deferred till April 30, implementation of new norms that restrict 100 per cent withdrawal of providen.....

Tags : Employees Provident Fund Organisation , New PF Withdrawal Norms

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RBI: Now Withdraw Rs 50,000/Week From Your Saving Accounts(21.02.2017)

Reserve Bank of India (RBI) has enhanced withdrawal limit on saving accounts from February 20, 2017 to Rs 50,000 per week.

Tags : Reserve Bank of India, withdrawal limit

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AP HC Directs to Submit Report on Withdrawal of Cases Against MPs/MLAs(02.12.2021)

Andhra Pradesh High Court has directed the Principal Secretary (Home) to submit a report on the withdrawal of prosecution of sitting and former MPs / .....

Tags : Andhra Pradesh High Court, Withdrawal of Cases Against MPs/MLAs

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Delhi HC Asks National Faceless Assessment Centre on Withdrawal of Final Order(08.12.2021)

Delhi High Court has asked the National Faceless Assessment Centre if it will withdraw a final assessment order, passed without issuing any show cause.....

Tags : Delhi High Court, Withdrawal of Final Order

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Del. HC: Unilateral Withdrawal from Divorce by Mutual Consent Amounts to Cruelty(28.12.2023)

Delhi High Court has held that unilateral withdrawal from divorce by mutual consent amounts to cruelty if such conduct is not based on justifiable gro.....

Tags : Delhi High Court, Unilateral Withdrawal, Mutual Consent, Divorce

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Labour Ministry Eases Norms on Employees' Provident Fund Withdrawals(19.04.2016)

Labour Ministry has eased the planned restriction on withdrawal of contribution to the employees' provident fund and said withdrawal can be allowed fo.....

Tags : Labour Ministry, Provident Fund Withdrawals

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Govt. Announces Complete Rollback of New Norms on PF Withdrawal(20.04.2016)

Government has announced a complete and unconditional rollback of new norms that barred employees from withdrawing their provident fund corpus before .....

Tags : Government , PF Withdrawal

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EPFO Allows Pension Withdrawals Without Aadhaar(01.03.2017)

Employees' Provident Fund Organisation (EPFO) has allowed full and final withdrawal of funds by the subscribers from their pension account without pro.....

Tags : EPFO, Pension Withdrawals, Aadhaar

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Telangana HC Issues Notice on Rapido’s Plea Challenging Withdrawal of Exemption on Auto Rides(30.12.2021)

Telangana High Court has issued the notice to the government on the plea filed by the Roppen Transportation Services Pvt. Ltd. (Rapido) challenging wi.....

Tags : Telangana High Court, Withdrawal of Exemption on Auto Rides

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NCLAT Withdraws Roster for Urgent Listing(24.03.2020)

National Company Law Appellate Tribunal (NCLAT) has withdrawn the rosters issued in regard to hearing of urgent matters on 25th March, 2020 and 1st Ap.....

Tags : National Company Law Appellate Tribunal, Withdrawal of rosters

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Finance Minister: No Charge on ATM Withdrawals; Complete Waiver of Minimum Balance Charge(25.03.2020)

Finance Minister, Nirmala Sitharaman has announced a complete waiver of minimum balance charges for savings bank accounts for the next 3 months, and f.....

Tags : Finance Minister, Charge on ATM Withdrawals

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EPFO Eases Withdrawal Rules, Self-declaration to Replace Need for Certificates(28.04.2017)

Employees Provident Fund Organisation (EPFO) has decided to allow individuals to withdraw money for treatment of illnesses, purchase of equipment for .....

Tags : Employees Provident Fund Organisation, Withdrawal Rules

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Karnataka HC Seeks Info About Cases Against MP/MLAs In Which State Govt. Filed Withdrawal Application(08.03.2022)

Karnataka High Court has directed its Registrar General to furnish fresh information regarding the cases registered against Member of Parliament, Memb.....

Tags : Karnataka High Court, Withdrawal of cases

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Karnataka HC Rejects Plea Challenging Caps on Withdrawal Limit(07.12.2016)

Karnataka High Court has dismissed a batch of petitions filed by a number of Co-operative Societies wherein they had challenged clause in Demonetisati.....

Tags : Karnataka High Court, Co-operative Societies, withdrawal limit, Demonetisation

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Supreme Court Seeks Govt's Reply on Cash Withdrawal Plan(12.12.2016)

Supreme Court has sought a response from the Centre on issues related to demonetisation, such as whether or not district cooperative banks can be allo.....

Tags : Supreme Court, Cash withdrawal

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Madras HC Requests Centre & Insurance Companies to Consider Withdrawing Appeals(13.05.2020)

Madras High Court has requested the Government and various insurance companies to consider withdrawing pending appeals against the awards passed by Mo.....

Tags : Madras High Court, Withdrawing Appeals

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Delhi HC Issues Notice in Vaccination Centre’s Plea Challenging Withdrawal from COWIN Portal(31.05.2021)

Delhi High Court has issued notice in a plea filed by Sant Soham Hospital being aggrieved from the withdrawal of its status as a government authorized.....

Tags : Delhi High Court, Withdrawal of Vaccination Centre from COWIN Portal

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Raj HC: PP Bound to Prosecute Accused Once Application u/s 321 CrPC Rejected(03.06.2024)

Rajasthan High Court has held that once an application filed for withdrawal of prosecution against the accused under Section 321 of the Code of Crimin.....

Tags : Rajasthan High Court, S. 321 of CrPC, Withdrawal of Prosecution, Public Prosecutor

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SC: Prosecution for Grim Offences Can’t be Withdrawn because Accused has Good Public Image(17.07.2024)

Supreme Court has opined that merely because an accused person is elected to the Legislative Assembly, cannot be a testament to their image among the .....

Tags : Supreme Court, Grim Offences, Withdrawal of Prosecution

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Tel. HC: HC has Limited Power in Matter of Granting Permission to Withdraw Appeal(18.07.2024)

Tel. HC has held that the power of High Court in matter of granting permission to withdraw an appeal under Order XXIII Rule 1(3) of CPC is very limite.....

Tags : Telangana High Court, Withdrawal, Order XXII of CPC

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Calcutta HC Directs State to File Report on Withdrawal of Security of BJP MLA Suvendu Adhikari(02.07.2021)

Calcutta High Court has directed the West Bengal State government to submit a comprehensive report on the State government's withdrawal of security of.....

Tags : Calcutta High Court, Withdrawal of Security of BJP MLA Suvendu Adhikari

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Del HC Dismisses Petition Challenging RBI Notification Withdrawing Rs. 2000 Note from Circulation(03.07.2023)

Delhi High Court has dismissed the PIL moved by advocate Rajneesh Bhaskar Gupta that challenged RBI’s decision to withdraw Rs. 2,000 notes from circul.....

Tags : Delhi High Court, RBI, Withdrawal

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Notifications & Circulars

Withdrawal of Legal Tender Character of existing Rs. 500/- and Rs. 1000/- Bank Notes(09.11.2016)

Please refer to circular DCM (Plg) No. 1226/10.27.00/2016-17 November 08, 2016 on the captioned subject. In order to ensure that the ATMs stop dispens.....

Tags : Bank Notes, Withdrawal, Limits

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DCCBs can allow existing customers to withdraw upto Rs. 24,000 from their accounts : RBI(14.11.2016)

The Reserve Bank of India has today clarified that District Central Cooperative Banks (DCCBs) can allow their existing customers to withdraw money fro.....

Tags : Withdrawal, Limits, Allowability

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Amendment of Notification number S.O. 3408(E) dated 8th November, 2016 of the Government of India specifying the limits for cash withdrawal(17.11.2016)

In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby.....

Tags : Withdrawal, Limits, Amendment

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Amendment of notification number S.O. 3407(E) dated the 8th November, 2016 S.O.3449(E)(14.11.2016)

In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby.....

Tags : Notification, Amendment, Withdrawal, Limits

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Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) - The City Co-operative Bank Ltd, Mumbai, Maharashtra- Relaxation in withdrawal limit(27.12.2018)

The City Co-operative Bank Ltd, Mumbai, Maharashtra, was placed under directions vide directive dated April 17, 2018 from close of business April 17, .....

Tags : Directions, Withdrawal limit, Relaxation

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Enhancement of withdrawal limits from ATMs and Current Accounts(16.01.2017)

Please refer to our circulars DCM (Plg) No. 1274, 1317, 1437 and 2142/10.27.00/2016-17 dated November 14, 21 and 28 and December 30, 2016, respectivel.....

Tags : Limits, Withdrawal, Accounts

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Modifications permitted to withdrawn Products of Life Insurers(31.08.2023)

1. This circular is issued in exercise of powers conferred by Section 14 (2) (e) of the Insurance Regulatory and Development Authority Act, 1999.
<.....

Tags : Modifications, Withdrawn Products, Life Insurers

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Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for Purchase of House(16.03.2017)

The Government has taken a decision for modification in the Employees' Provident Funds (EPF) Scheme, 1952 to add a new paragraph 68 BD under which a m.....

Tags : EPF scheme, Amendment, Fund, Withdrawl

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Withdrawal of circulars - on recovery of excess pension made to pensioners(21.01.2021)

1.It has been brought to the notice of RBI that the recovery of excess /wrong pension payments from the pensioners are being made in a manner that is .....

Tags : Withdrawal, Circulars, Recovery, Excess pension

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Government rescinds Notification on premature EPF withdrawals(21.04.2016)

The Central Government notified withdrawal of Notification dated 10 February 2016 which amended rules regarding withdrawal of funds from the Employees.....

Tags : rescind, epf, premature withdrawal, notification

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Restriction on EPF withdrawal(05.05.2016)

The Minister for Labour and Employment outlined the restrictions on withdrawal of funds from the Employees Provident Fund Scheme. Instances when withd.....

Tags : Employees provident fund, withdrawal, labour and industrial

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Withdrawal of all old series of Banknotes issued prior to 2005(23.12.2015)

The Reserve Bank of India has extended the date by which pre-2005 banknotes are to be exchanged to 30 June, 2016. An earlier notification had set 31 D.....

Tags : Banknotes, old series, 2005, withdrawal

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Withdrawal from fortnight beginning December 10, 2016 the need to maintain an incremental cash reserve ratio(07.12.2016)

In exercise of the powers conferred by sub-section (1A) of Section 42 of the Reserve Bank of India Act, 1934, and in supersession of its notification .....

Tags : Withdrawal, cash reserve ratio, Maintenance

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Withdrawal of Rs. 2000 Denomination Banknotes - Status(03.07.2023)

The Reserve Bank of India had announced the withdrawal of ₹ 2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The t.....

Tags : Withdrawal, Banknotes, Status

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Judgments

Public offer, once made, can only be permitted to be withdrawn in circumstances which make it impossible to perform the same(07.11.2016)

Present appeal has been preferred under Section 15 Z of Securities and Exchange Board of India Act, 1992 against order dated 6th August, 2014 passed b.....

Tags : Public offer, Withdrawal, Request

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Section 12A of IBC does not debar entertaining of applications for withdrawal of CIRP even before constitution of CoC(28.03.2023)

The Appellant, a suspended Director of the Corporate Debtor has filed present appeal assailing the correctness of the order passed by the National Com.....

Tags : Withdrawal, CIRP, Application

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Gauhati HC accepts resignation of MLAs(12.01.2016)

Gauhati High Court declined relief in petitions by Gabriel Denwang Wangsu and Wanglam Sawin, members of Arunachal Pradesh’s legislative assembly, hold.....

Tags : Legislative assembly, resignation, withdrawal, arunachal pradesh

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Sufficient grounds for withdrawal of suit(07.08.2015)

Petitioner seeking to withdraw suit because issue is to be decided in another pending petition constitutes 'sufficient grounds'. The Court noted that .....

Tags : suit, withdraw, sufficient ground

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