Page 48 - Banking Finance December 2018
P. 48

BAN          N



                       AN IN  PR   TI NAL E A  SA PLE



                                         ESTI NS   SERIES




            .   he n   er of  ationa i e   an s are                re o er   of  the  a o nt  on  the  stren th  of  the
               2                       2                            e an  pro issor  note.
                7                         2                       Re en e sta p sho  d  e affi ed and crossed  efore
                                                                   fi in  the s it
           2.   he ter   B  e  hip    eans
                                                               2  ten ti es the  a  e of the sta p can  e paid and s it
                o t.  sec rities  printed  in     e  and  are  readi
                                                                   can  e fi ed.
               encasha  e  ith RB
                                                                   he co rt has the po er to condone the o ission on
           2    reference shares of  oint stoc  co panies
                                                                    ein  satisfied a o t the ca se of o ission.
                hares  of  pro ressi e   so nd    r n  p   ic   i ited
                                                                    ission can not  e condoned
               co panies  ith e ce  ent di idend record
                hares initia    a  otted to pro oter directors  7.  hi e  openin   the    rrent  a  o nt  of  a  pri ate
                                                                    i ite   o pan   hi h of the fo  o in  is not ta en
            .   B   s   Bears  is  se  in
                                                                   rtic es of association    e orand   of association
               credit ratin            2   e eta  e  ar ets
                                                               2  cop  of  oard s reso  tion
               stoc  e chan e             ris   ana e ent
                                                                  certificate of incorporation
            .    s   rrent a  o nt is o er  ra n    Rs       . he     co  ence ent of   siness
                an   an e er ise ri ht of setoff a ainst
                                                                .  he  i it on n   er of partners in a partnership fir
               credit  a ance in the partnership acco nt  here   is a
                                                                   is i pose
               partner
                                                                  partnership act    2     2  co panies act
           2   cash deposited      for    in  a
                                                                  contract act   72            i itation act
               credit  a ance in the acco nt of a  inor  ith    as
                 ardian                                         .  he hirer of a safe  eposit  o  er reports that the
               credit  a ance in the acco nt of     aintained  ith   oss of  e  of the  o  er.
               another  ranch of the sa e  an                     he  i    e  iss ed a d p icate  e  on e ec tin   an
                                                                   inde nit   ond
            .  Mrs.    ho  aintaine  a safe  eposit  o  er ha
                                                               2  he  i    e ad ised to  od e    R  ith po ice a thorities
               e pire  an  Mr   h s an  of her pro   es a po er
                                                                   and thereafter it  i    e  ro en open in the presence
               of  attorne   e e  te   in  his  fa o r      Mrs
                                                                   of po ice inspector and a  itness
               a thori in  hi  to operate the  o  er   rin  her  ife
                                                                  the safe  i    e  ro en open    the representati e of
               ti e or e en after her  e ise an  re  est the  an
                                                                   the  an fact rer in the presence of hirer
               to a  o  hi  to ta e  ontents of  o  er.
                                                                  he has to s rrender the  oc er
                e  a   e a  o ed
           2   since po er attorne  is not considered for operation of    .  n ter s of  hi h       no  erson other than RB    an
                oc er he  i   not  e a  o ed                        ra  a B  or    pa a  e to  earer on  e an
               a thorit  to operate the  oc er co es to an end on the     sec    of RB   ct  2  sec    of Bract
               death of Mrs  .                                    sec    of  .  act           sec    of contract act
                s    is the  e a  heir and a so ho din  the po er of
                                                                 .  R  is san tione  ho sin   oan.  he repa  ent  an
               attorne   he can  e a  o ed.
                                                                    e  a e fro
            .     an   rants a  oan of Rs        to   an  o tains      R
               a   e an   pro issor   note  an   for ets  to  affi   2   R
               re en e  sta p      o ersi ht.   he  a  o nt  has     c ose re ati es defined  nder co pan  s act
                e o e  sti     an    an    ants  to  fi e  a  s it  for     a   the a o e


                | 201  | DECEMBER                                                           | B            CE
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