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Showing posts from January 3, 2021

Bank Deposits Insurance Coverage increased

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  Golden memory of 2020: February 1, 2020: The Deposit Insurance and Credit Guarantee Corporation (DICGC) has been permitted to increase Deposit Insurance Coverage for a depositor, which is now ` one lakh to ` five lakh per depositor” said finance minister Nirmala Sitharaman in her Budget speech to the Parliament, assuring that the house that the deposits with the country’s commercial banks are safe . Alert Citizens Forum of India is pleased that its efforts to get the Bank Deposit Insurance Coverage increased has yielded fruit. We thank Finance Minister Nirmala Sitharaman for positively responding to our suggestion. Dayanand Nene.

SUPREME COURT IMPORTANT JUDGEMENTS 2020

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 ðŸ”· SUPREME COURT  IMPORTANT JUDGEMENTS 2020  🔷 21 Important Judgments of 2020 1. Landlord-tenant disputes under Transfer of Property Act are arbitrable Case: Vidya Drolia and Ors.v.Durga Trading Corporation [2020 SCCOnLine SC 1018] 2. Protection under Anticipatory Bail should not be fixed for limited period Case: Sushila Aggarwal v. State of NCT of Delhi [2020 5 SCC 1] 3. Consumer Forum has no jurisdiction to extend time beyond 45 days for opposite party’s version Case: New India Assurance v. Hilli Multipurpose Cold Storage Pvt. Ltd. [2020 SCC OnLine SC 287] 4. Supreme Court can refer questions of law to larger Bench when exercising review jurisdiction Case: Kantaru Rajeevaru v. Indian Young Lawyers Association Thr. Its General Secretary Ms. Bhakti Pasija & Ors. [2020 SCC OnLine SC 692] 5. SARFAESI Act will apply to co-operative Banks as it does to commercial banks Case: Pandurang Ganpati v. Vishwasrao Patil Murgud Sahakari Bank Ltd [2020 SCC OnLine SC 431] 6. Rights defined unde