Professional Documents
Culture Documents
Banking Laws LL.B
Banking Laws LL.B
Banking Laws LL.B
ADDRESSED BY
Impacts the
Banking
Transactions
Regulates
the Banker-
Customer
Relationship
Objectives of Banking Law
Protect the interest
of depositors
Avoid Misuse of
Banks
Maintain
Confidentiality
Credit allocation to
the favoured sectors
Financial
Institution
Licensed Bank
Receive
deposits
and make
loans
Pre-Independence Pre-Nationalization
Period (1786-1947) Period (1947-1969)
History of Banking
Law In India
Post-Independence
Post-Nationalization
Period (1947- Till
Period (1969-1991)
Date)
Liberalization
Period (1991-Till
Date)
Features of Bank
Dealing
in
Name Money Indi/
Identity Firm/
Company
Banking Acceptance
Business of Deposits
Granting
Connecting Advances
Link
Payment
Ever- and
Increasing Withdrawal
Function
Profit and
Service Utility
Orientation Services
Approach
Types of Bank
Central
Commercial
Development
Co-operative
Land
Mortgage
Regional
Rural
NABARD
Exchange
EXIM
Debtor-
Creditor
Mortgagor
Creditor-
and
Debtor
Mortgagee
Relationship
between
Banker and
Customer
Pledger
Principal
and
and Agent
Pledgee
Bailor and
Bailee
Electronic
Payment
Services
Electronic Real Time
Data Gross
Interchange Settlement
Recent
trends in
Banking Electronic
Tele
Banking Sector Clearing
Services
Point of
Internet
Sale
Banking
Terminal
Case Laws
B. Dhanraj v. Central Bank of India.
Inspection.
Modes of Winding up
By High Court
Voluntary Winding Up
Winding up under the supervision of the Court.
Reconstruction and Amalgamation
Types of accounts:
Current account
Savings Account
Recurring Deposit Account
Fixed Deposits
Joint Account
Student Account
Audit
Electronic Fraud
Identity Theft
Cheque Fraud
Banking Ombudsman
Senior official
Body corporate.
Regulator and
Issuer of
supervisor of Banker to Banks
currency
financial system
RBI v. Jayarajan.
Velluknand v. RBI.
Non Banking Financial Companies
Company registered under the Companies Act.
Receive deposits.
Compulsory registration.
Unconditional.
Popular.
Negotiability.
Presumptions.
Presumptions
Section 119
Section 118 (Presumption
as to protest)
Time of
Consideration Date
acceptance
Time of Order of
Stamp
Transfer indorsement
Case Laws
Parties
must be Signed
certain
Characteristics
of Promissory
Note
Unconditional
Promise
Case Laws
Beardsley v. Baldwin.
Roberts v. Peake.
Bills of Exchange
Section 5 in The Negotiable Instruments Act, 1881.
Parties
must be Signed
Certain
Characteristics
of Bills of
Exchange
Sum must
Order to
be
Pay
Certain
Unconditional
Order
PROMISSORY NOTE BILLS OF EXCHANGE
2 Parties. 3 Parties.
Single Liability.
Dual Liability.
Crossing of Cheque.
It can be made by any person.
Validity Period.
No such validity period.
Rangappa v. Mohan.
Anti- Post-
Stale
Dated Dated
Endorsement
Section 15 of the Negotiable Instruments Act 1881.
Purpose.
Signature.
Blank
Facultative Full
Sans
Conditional
Recourse
Restrictive
Holder
Before
Consideration
Maturity
Without
Good Faith
Notice
Rights of the
Holder in Due Course
Entitlement.
Consideration.
Title.
Kishan v. SBI
Body Corporate.
Perpetual Succession.
Objectives
of SEBI
Provides for
competitive Fair
professional Trading
market
Functions of SEBI
Protective
Developmental Regulatory
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