Banking Law
University of Calcutta · LL.B. Semester 7
Unit 1 — Negotiable Instruments
Parties to notes, bills, and cheques · of Negotiation · of Presentment · Payment and Interest · Discharge From Liability on Notes, Bills and Cheques · Notice of Dishonour · noting and protest · reasonable time · Acceptance and Payment for Honour and Reference in case of Need · compensation · Special Rules of Evidence (presumption and estoppels) · The above issues are to be studied with special reference to the Negotiable Instruments Act 1881, with amendments in force and relevant case laws on the subject.
Unit 2 — Reserve Bank of India
Incorporation, Capital, Management and Business · Central Banking Functions · Collection and Furnishing of Credit Information · Non-Banking Institutions Receiving Deposits and Financial Institutions · Joint Mechanism · Monetary Policy · The above issues are to be studied with special reference to the Reserve Bank of India Act, 1934, with amendments in force and relevant case laws on the subject.
Unit 3 — Banking Regulation
Business of Banking Companies · Control over Management · Suspension of Business and Winding up of Banking Companies · Special Provisions for Speedy Disposal of Winding up Proceedings · Provisions Relating to Certain Operations of Banking Companies · The above issues are to be studied with special reference to the Banking Regulation Act 1949, with amendments in force and relevant case laws on the subject.
Unit 4 — Regional Rural Bank
Incorporation and Capital of Regional Rural Banks · Business of A Regional Rural Bank · Accounts and Audit · Amalgamation of Regional Rural Banks · The above issues are to be studied with special reference to the Regional Rural Bank Act 1976, with amendments in force and relevant case laws on the subject.