Supreme Court · 2008 INSC 7 · Decided 4 January 2008
Reserve Bank of India v. M. Hanumaiah & ORS.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 7 · [2008] 1 S.C.R. 16
- Case number
- CIVIL APPEAL No. 9/2008
- Decided
- 4 January 2008
- Bench
- G.P. MATHUR, AFTAB ALAM (2-judge bench)
- Outcome
- Case Allowed
- Case type
- Civil
Headnote
RESERVE BANK OF INDIA v. M. HANUMAIAH & ORS. (C.A. No. 9 of 2008) JANUARY 4, 2008 (G.P. MATHUR AND AFTAB ALAM, JJ) Karnataka Co-operative Societies Act, 1959: s. 30(5) - Supersession of Committee of Management of Co-operative Bank - On requisition from Reserve Bank of India - Challenged committee has no right of hearing -· Banking Regulation Act - ss. 35 and 56 - Administrative Law - Natural justice - Opportunity of hearing. The appellant-Reserve Bank of India, on inspection of the respondent-Cooperative Bank (Respondent no. 16) on 30.6.1994 found a number of serious
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