Law of Banking and Negotiable Instruments

This elective course on banking law will equip the future lawyers with the necessary knowledge and skills for academics, practice and critical evaluation. The course will focus on the provisions and principles of the various banking statutes. .The course is designed to primarily acquaint the students with operational parameters of banking law, and to teach the general principles of banking law and to develop appreciative faculties of the students in statutory as well as case - law in this area.

University of Mumbai · B.L.S. Semester 10 · 4 modules · 14 topics · 14 written.

Module 1 — Module 1

1.1 Introduction — Concept of Banking
1.2 Structure of Indian Banking system
1.3 Types of Common Banking Institutions
1.4 Functions & roles of financial institutions
1.5 Introduction to IBC — Object, Financial Institutions, Information utilities

Module 2 — Laws Governing Financial Institutions in India

2.1 Banking Regulation Act, 1949
2.2 RBI rules & Notifications (Banking) 1949
2.3 Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)

Module 3 — Module 3

3.1 SEBI — formation of SEBI Board, role of SEBI (Banking Companies and NBFC's)
3.2 The Foreign Exchange Management Act, 1999 (FEMA)
3.3 Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI)
3.4 Bankers Book of Evidence Act, 1891

Module 4 — Module 4

4.1 Negotiable Instruments Act, 1881
4.2 Powers and functions of Debt Recovery Tribunal and Debt Recovery Appellate