9911796707
|
Home
The petitioners, a financial company and its shareholder, filed an application for registration under section 45(IA) of the Reserve Bank of India Act. The application was initially rejected, citing a missed deadline, but the court ruled in favor of the petitioners based on the interpretation of Section 9 of the General Clauses Act. The court allowed the writ petition, quashed the rejection letter, and directed the authorities to process the application as per the Act.
|
