![Don’t Act In A Manner That Makes Public Think RBI, ED Are Politicians’ Puppets, Bombay HC Tells ‘Those In Power’ [Read Judgment]](/static/images/error.jpg)
Don’t Act In A Manner That Makes Public Think RBI, ED Are Politicians’ Puppets, Bombay HC Tells ‘Those In Power’ [Read Judgment]
Live Law‘The political parties and outfits in power, in opposition ought to know that just as Defence Forces, Police and the Judiciary, it is important that these institutions do not betray public trust and confidence.’While directing the Reserve Bank of India to consider the compounding applications filed by New Delhi Television, the Bombay High Court observed that those in power. ‘The political parties and outfits in power, in opposition ought to know that just as Defence Forces, Police and the Judiciary, it is important that these institutions do not betray public trust and confidence.’ While directing the Reserve Bank of India to consider the compounding applications filed by New Delhi Television, the Bombay High Court observed that those in power and opposition should not act in a manner which gives the public at large an impression that vital institutions like RBI and Enforcement Directorate are but puppets in the hands of politicians. However, we hope that all concerned understand our pain and anguish.” Important that these institutions do not betray public trust and confidence The bench further observed: “Those in-charge of their affairs and those in power giving them directions ought to realise that nothing would be achieved if foundations and base of these institutions is shaken and if they allegedly obey every command of the political masters. The political parties and outfits in power, in opposition ought to know that just as Defence Forces, Police and the Judiciary, it is important that these institutions do not betray public trust and confidence.
History of this topic

Plea In Bombay High Court Against Govt's “Unlimited” Power To Attach Property Of Anyone Connected To Company Under Protection Of Depositors Act
Live Law
Demonetisation Decision Making Process Lawful, Supreme Court Holds By 4:1 Majority; Justice Nagarathna Dissents
Live Law
"RBI Officials Involved In Scams Like Kingfisher, Yes Bank", Alleges Subramanian Swamy; Supreme Court Issues Notice On Plea For CBI Probe
Live Law
IBC AND RBI Guidelines Are 'Disjoint Sets', "There Is No Question Of One Prevailing Over The Other": NCLT Kolkata Dismisses Application Filed By SREI Ex Promoter Hemant Kanoria
Live Law
No Previous Sanction Required To Prosecute Bank Officials In Connection With IPC/RPC Offences: Jammu & Kashmir & Ladakh HC
Live Law
RBI Has Wide Supervisory Powers Over Financial Institutions Like SIDBI, Its Directions Are Statutorily Binding: Supreme Court
Live Law
Contempt Petitions Filed Before Supreme Court For Alleged 'Wilful Violation' Of SC's Order On Non- Declaration Of NPAs
Live Law
RBI Is 'State' Under Article 12; Private Banks Discharging Public Functions Amenable To Writ Jurisdiction: Calcutta High Court
Live Law
"There Is A Threat To Very Democracy If Agencies Like CBI, ED Do Not Act Independently": Bombay High Court
Live Law
'Abuse Of Process' : Karnataka High Court Dismisses Petition Seeking Criminal Action Against Azim Premji Under RBI Act
Live Law![Advocates Permitted To Participate In Proceedings Before Banking Ombudsman Under 2006 RBI Scheme?: Madras HC To Consider [Read Order]](/static/images/error.jpg)
Advocates Permitted To Participate In Proceedings Before Banking Ombudsman Under 2006 RBI Scheme?: Madras HC To Consider [Read Order]
Live Law![Steps Taken By RBI Are For The Benefit Of Depositors; Bombay HC Refuses To Stay RBI's Decision To Cancel CKP Co-Operative Bank's License [Read Order]](/static/images/error.jpg)
Steps Taken By RBI Are For The Benefit Of Depositors; Bombay HC Refuses To Stay RBI's Decision To Cancel CKP Co-Operative Bank's License [Read Order]
Live Law
Plea Seeking Extension of The Benefits Of RBI Circular on Loan Moratorium To All NBFCs: SC Issues Notice
Live Law![RBI's Intention Is To Maintain Status Quo On Account Classification As On March 1 During Moratorium Period : Delhi HC [Read Order]](/static/images/error.jpg)
RBI's Intention Is To Maintain Status Quo On Account Classification As On March 1 During Moratorium Period : Delhi HC [Read Order]
Live Law
Opinion | A judgement that balances power and proportionality
Live Mint
Kochhar’s plea devoid of merits, must be dismissed RBI tells HC
The Hindu![NCLT Admits RBI's Petition Seeking Initiation Of Corporate Insolvency Resolution Process Against DHFL [Read Order]](/static/images/error.jpg)
NCLT Admits RBI's Petition Seeking Initiation Of Corporate Insolvency Resolution Process Against DHFL [Read Order]
Live Law
Opinion | An intruder undermines RBI
Live Mint
Much ado about nothing: Demystifying the needless hue and cry over the RBI
Op India
Govt refuses to yield on Section 7 of RBI Act
Live Mint![Non-Disclosure Of Willful Defaulters' List : CIC Issues Show Cause Notice To RBI Governor [Read Order]](/static/images/error.jpg)
Non-Disclosure Of Willful Defaulters' List : CIC Issues Show Cause Notice To RBI Governor [Read Order]
Live Law
Opinion | RBI’s independence needs to be protected
Live Mint
The history of the contentious ‘RBI Act Section 7’
Live Mint
RBI autonomy row: Govt cites never-used powers of issuing directions for resolving issues with central bank
Firstpost
New NPA rules: Power producers’ body accuses RBI of overruling House panel
Live Mint
Apex court asks RBI to restrain sale and purchase of bitcoins
Deccan Chronicle
Opposition takes on Modi government over interference in RBI matters
India TV News
Bombay HC Prima Facie Finds Inconsistencies In Two RBI Circulars Regarding Demonetisation
Live Law
RBI lens on educational trusts getting funds
Deccan ChronicleDiscover Related















































