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january 2008

Supreme Court of India · 2008-01-04

Reserve Bank Of India vs M.Hanumaiah & Ors

Citation / case number
AIR 2008 SUPREME COURT 994
Court
Supreme Court of India
Petitioner
Reserve Bank Of India
Respondent
M.Hanumaiah & Ors
Author
Aftab Alam
Bench
G.P.Mathur, Aftab Alam

Judgment text excerpt

The Supreme Court held that the principles of natural justice apply when the Registrar of Cooperative Societies acts on a requisition from the Reserve Bank of India to supersede the committee of management of a cooperative bank under Section 30(5) of the Karnataka Cooperative Societies Act. The Court found that the lack of opportunity for a hearing and the failure to disclose reasons for supersession violated these principles, thus quashing the order of supersession. The judgment emphasizes the necessity of adhering to natural justice in administrative actions affecting management of cooperative banks.

Reserve Bank Of India vs M.Hanumaiah & Ors · Niyam