Supreme Court · 2022 INSC 545 · Decided 10 May 2022
Nedumpilli Finance Company Limited v. State of Kerala & ORS.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 545 · [2022] 7 S.C.R. 1005
- Case number
- CIVIL APPEAL No. 5233/2012
- Decided
- 10 May 2022
- Bench
- HEMANT GUPTA, V. RAMASUBRAMANIAN (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
Reserve Bank of India Act, 1934 (RBI Act) - Chapter III-B - Kerala Money Lenders Act,1958 (Kerala Act) - Gujarat Money Lenders Act, 2011 (Gujarat Act) - Applicability of States' Act on Non-Banking Financial Companies - Whether Non-Banking Financial Companies Reserve Bank of India, in terms of the provisions of Chapter III-B of the RBI Act could also be regulated by State enactments such as Kerala Act and Gujarat Act - Held : By Act 23 of 1997, amendment made to Chapter III-B, after which this Chapter has become a complete Code in so far as NBFCs
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)