Supreme Court · 2000 INSC 325 · Decided 12 May 2000
Bhavesh D. Parish and ORS. v. Union of India and ANR.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 325 · [2000] SUPP. 1 S.C.R. 291
- Case number
- WRIT PETITION (CIVIL) No. 168/1997
- Decided
- 12 May 2000
- Bench
- B.N. KIRPAL, M.B. SHAH (2-judge bench)
- Outcome
- Dismissed
- Case type
- Writ / Constitutional
- Acts & sections cited
- Constitution Article 14
Headnote
B Reserve Bank of India Act, I934: Section 45-S (as substituted by Amendment Act, I997)­ Constitutionality of-Provisions prohibited non-banking institutions from C accepting deposits from the public and placed certain restrictions on them­ Held: there can be restriction on utilisation of fi·om the public-Reserve Bank of India (Amendment) Act, 1997, S.9. Constitution of India, 1950: D Article 32-Policy matters-Economic policy-Judicial review of­ Scope-Held: Court should not lightly interfere with such matters. Article 226-Stay of legislation-During pendency of its
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