On a petition against the withdrawal ceiling of Rs. 5 lakh from deposits in the PMC Bank, @RBI submits yet again that the ceiling has already been raised from Rs. 1 lakh to Rs. 5 lakhs but allowing further withdrawals will result in "a run on the Bank."
Counsel: If the @RBI took the decision for imposing a moratorium, they should have also looked into this issue. Everyday these depositors are coming wondering when the date will arrive.
@RBI
To @RBI's opposition on educational grounds, if you want to reject, reject it, then we will see.
More from Live Law
#LIVE Delhi High Court Women Lawyers Forum in Association with LiveLaw is conducting a Webinar on the topic 'Attack On Love Marriages And Freedom Of Choice'.
#FreedomOfChoice
Watch the Webinar live at :
YouTube link: https://t.co/l074foe9RA
Facebook link:
https://t.co/d0m3h0Ut1w
Instagram Link:
Advocate Kajal Chandra begins the webinar and introduces the panelist Justice AP Shah, Delhi High Court’s Former Chief Justice. Advocate Gayatri Virmani introduces Human Rights Activist Jagmati Sangwan.
#FreedomOfChoice
The moderator Adv Chandra questions Justice Shah: Do the freedom of Religious ordinance of laws stand the test of Constitutionality and in your opinion, do they violate the fundamental right of liberty including the freedom to choose? #FreedomOfOpinion
Delhi High Court’s Former Chief Justice AP Shah: This topic cannot be discussed without referring to the Indian Constitution that guarantees Justice, Liberty, Equality and Fraternity and protects dignity of individual and Unity and integrity of the Nation. #FreedomOfChoice
#FreedomOfChoice
Watch the Webinar live at :
YouTube link: https://t.co/l074foe9RA
Facebook link:
https://t.co/d0m3h0Ut1w
Instagram Link:
Advocate Kajal Chandra begins the webinar and introduces the panelist Justice AP Shah, Delhi High Court’s Former Chief Justice. Advocate Gayatri Virmani introduces Human Rights Activist Jagmati Sangwan.
#FreedomOfChoice
The moderator Adv Chandra questions Justice Shah: Do the freedom of Religious ordinance of laws stand the test of Constitutionality and in your opinion, do they violate the fundamental right of liberty including the freedom to choose? #FreedomOfOpinion
Delhi High Court’s Former Chief Justice AP Shah: This topic cannot be discussed without referring to the Indian Constitution that guarantees Justice, Liberty, Equality and Fraternity and protects dignity of individual and Unity and integrity of the Nation. #FreedomOfChoice