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Yes Bank Case: Madras HC upholds RBI circular on AT 1 bondsAgencies The two judge bench consisting of chief justice AP Sahi and justice Senthilkumar Ramamoorthy while upholding the RBI circular reiterated the central bank’s autonomy in creating and enforcing regulation.
by Sekar Reporter · Published October 2, 2020
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Advocate General P.H. Arvindh Pandian stated that only a rational approach, common to all, had been adopted. The court was also told that a lockdown to fight COVID-19 was never contemplated and as such there was no exact provision in the Tamil Nadu Electricity Supply Code of 2004 to apply to the present situation. Therefore, the method followed by Tangedco could not be termed as irrational or violative of any provision, it asserted.
by Sekar Reporter · Published June 23, 2020
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TN govt deposits Rs 67 cr in court for acquisition of Jaya”s residence
by Sekar Reporter · Published July 25, 2020