2018 7 Supreme 129 • India - Supreme Court

DIPAK MISRA, A. M. KHANWILKAR, ASHOK BHUSHAN, A. K. SIKRI, D. Y. CHANDRACHUD

act:433>Constitution of India – Article 245, Part IV – Concept of limited government – Underlying difference ... – Held, provision does not meet test of proportionality and is also violative of right to privacy of a person which extends to banking ... Issue of hacking, in view of newspaper reports, left open – Source code of biometric solutions remaining with the provider foreign companies ... (wa) “reporting entity” means a banking company, financial institution, int....

2026 Supreme(Online)(Ori) 1060 • India - IN THE HIGH COURT OF ORISSA AT CUTTACK

G.SATAPATHY

financial company - Petitioner was accused of embezzling loan funds amounting to Rs.109 crores - Non-disclosure of criminal antecedents ... 1860 - Sections 406, 420, 467, 468, 471, 120-B - Bail application - Allegations of cheating and fraud against managing director of non-banking ... managing director of Sambandh Finserve Private Limited, faced allegations for misappropriation of loan amounts received from Annapurna Financial ... of Non-Banking #HL....

2021 0 Supreme(SC) 164 • India - Supreme Court

ASHOK BHUSHAN, R.SUBHASH REDDY, M.R.SHAH

MSMEs - According to petitioner, abovementioned Regulatory Package will not in any manner salvage MSMEs and help them recover from financial ... A Non-Banking Financial Company Micro Finance Institution should be a member of a Self-Regulatory Organization (SRO) recognized by ... Institution, or a Non-Banking Financial Company or a Housing Finance#HL_EN....

2022 0 Supreme(SC) 440 • India - Supreme Court

HEMANT GUPTA, V. RAMASUBRAMANIAN

The question as to whether Non-Banking Financial Companies (NBFCs) regulated by the Reserve Bank of India, in terms of the provisions ... Issues: Whether Non-Banking Financial Companies (NBFCs) regulated by the Reserve Bank of India, in terms of the provisions ... In other words, no NBFC can carry on business without being registered under the Act and a NBFC whi....

2024 Supreme(Online)(MAD) 41840 • India - High Court of Madras

Mrs.Justice S.SRIMATHY, J

taking NBFC, challenged the addition of unexplained cash credit due to cash deposits during demonetization - Court found violation ... Sections 68, 115BBE, 142, 143 - Writ petition filed to quash assessment order dated 31.12.2019 for AY 2017-2018 - Petitioner, a non-deposit ... (NBFC) having license from the Reserve Bank of India (RBI) for functioning as a Micro Finance Institution (MFI) registered with ... The brief facts as stated in the affidavit is that the writ p....

• India - Delhi High Court

JYOTI SINGH

financial company - Loan agreements required maintenance of a 50% Loan to Value (LTV) ratio. ... Invocation of loan pledge - Restraint against sale of pledged shares - Petitioners engaged in wealth management; Respondent, a non-banking ... Respondent is a duly incorporated and registered Non-Banking Finance Company. ... banks and local area banks), co-operative banks, all-India Financial Institutions and ....

2025 Supreme(Online)(Kar) 30695 • India - Karnataka High Court

MR. M. NAGAPRASANNA, J

institutions. ... (A) Karnataka Society Registration Act, 1960; Article 226 of the Constitution of India - Challenge to the Karnataka Micro Loan and ... Ordinances is permissible, upholding the legislative intent to protect economically vulnerable groups from coercive recovery by microfinance ... (3) Nothing in this Ordinance shall be applicable to any banking or Non-Banking Finance Company ... Penalty for coercive actions against Micro#HL_....

2025 Supreme(Online)(ITAT) 5015 • India - Income Tax Appellate Tribunal (Hyderabad Bench)

Shri Vijay Pal Rao, VP, Shri Manjunatha, G., AM

(Paras 9 and 11) ... ... Facts of the case: ... The assessee, a Non-Banking Finance Company, argued that cash deposits ... (A) Income Tax Act, 1961 - Section 69A - Assessment under scrutiny for A.Y. 2017-18 - Business activities of micro-finance company ... proper verification processes, which were not followed by tax authorities in implicating the highest standards of accountability for financial ... The assessee is a Non-#HL_ST....

2024 Supreme(Online)(ITAT) 1717 • India - Income Tax Appellate Tribunal (Ahmedabad Bench)

MAKARAND V. MAHADEOKAR, AM

, which was engaged in microfinance, and disputed the application of Section 14A concerning disallowed expenses related to generating ... appeals arise from the actions of the CIT(A) that upheld the disallowance of substantial depreciation claims made by the appellant company ... 39. was noted that the assessee, being a Non-Banking Financial Company (NBFC), is required to comply with the ... The AO while resorting to judicial precedents has failed to appreciate that t....

2022 0 Supreme(SC) 440 • India - Supreme Court

HEMANT GUPTA, V. RAMASUBRAMANIAN

The question as to whether Non-Banking Financial Companies (NBFCs) regulated by the Reserve Bank of India, in terms of the provisions ... Issues: Whether Non-Banking Financial Companies (NBFCs) regulated by the Reserve Bank of India, in terms of the provisions ... In other words, no NBFC can carry on business without being registered under the Act and a NBFC which takes birth with the registration ... companies, re....

• India - Income Tax Appellate Tribunal (Delhi Bench)

engaged in generating profits in micro finance lending. ... data and policy inputs relevant to micro-finance institutions. ... In fact, it is a society registered under Telengana Societies Registration Act, 2001, recognized as a self regulatory organization for NBFC-MFIN (non- banking finance companies operating in the micro finance sector) by the Reserve Bank of India. ... The organization of the assessee is comprising of economists, bankers, senio....

2023 0 Supreme(Telangana) 376 • India - Telangana

UJJAL BHUYAN, C. V. BHASKAR REDDY

Resultantly, the Andhra Pradesh Micro Finance Institutions (Regulation and Money Lending) Act, 2011 (was adopted by the State of Telangana whereafter a new enactment being Telangana Micro Finance Institutions (Regulation of Money Lending) Act, 2011 came to be enacted. ... In the hearing today, we have examined the scheme and provisions of the Andhra Pradesh Micro Finance Institutions (Regulation of Money Lending) Act, 2011 as well as the Telangana Micro Fina....

• India - Gauhati High Court - Principal Seat at Guwahati

MR. UJJAL BHUYAN, MR. NELSON SAILO, JJ

It is stated that petitioner Company has been categorized as NBFC – Micro Finance Institution. RBI has laid down norms and parameters as regards bank loans to Micro Finance Institutions like pricing guidelines. ... companies/micro-finance companies registered under the RBI. ... Section 1(4) of the 2010 Act provided that nothing contained in this said Act shall apply to the RBI or any bank or any Non-Banking Finance Company/Micro #H....

2018 0 Supreme(Gau) 683 • India - Gauhati

UJJAL BHUYAN, NELSON SAILO

It is stated that petitioner Company has been categorized as NBFC – Micro Finance Institution. RBI has laid down norms and parameters as regards bank loans to Micro Finance Institutions like pricing guidelines. ... Section 1(4) of the 2010 Act provided that nothing contained in this said Act shall apply to the RBI or any bank or any Non-Banking Finance Company/Micro Finance Company registered under the RBI. ... In other words, provisions of the 2010 ....

2025 0 Supreme(Cal) 222 • India - IN THE HIGH COURT AT CALCUTTA

REETOBROTO KUMAR MITRA

Clearly, a housing finance company was brought within the fold of a NBFC as a financial institution by the notification of the Ministry of Finance dated June 17, 2021. ... The second is that the respondent No. 1, being a housing finance company and duly registered under Section 29A of the Act of 1987, is not a NBFC.c. Respondent no. 1 cannot be defined as a NBFC as it is a HFC. ... In the instant case, the petitioners have brought on record the notification of September 14, 2023, by wh....