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Supreme Court Allows Banks' Appeals in RBI Fraud Classification Case Regarding Natural Justice Requirements. Court Holds No Absolute Right to Personal Hearing or Full Forensic Audit Report Disclosure Under RBI Master Directions Issued Under Section 35A Banking Regulation Act, 1949.

The dispute arose from the classification of loan accounts as 'fraud' by banks under the Reserve Bank of India's Master Directions. The appellant bank...

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Supreme Court Allows Bank's Appeal, Upholds Liquidated Damages Clause in Employment Contract. Clause requiring employee to pay Rs. 2 lakhs for resigning before three years held valid under Section 27 of Indian Contract Act, 1872, and not opposed to public policy.

The Supreme Court allowed the appeals filed by Vijaya Bank and another against the judgment of the High Court of Karnataka which had quashed clause 11...

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Supreme Court Upholds Rejection of OBC Candidates for Non-Compliance with Certificate Format in UP Police Recruitment. Mandatory Requirement of State Government Format for OBC Certificate Cannot Be Relaxed.

The Supreme Court dismissed two appeals arising from a common recruitment process for Sub-Inspector posts conducted by the Uttar Pradesh Police Recrui...

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Supreme Court Allows State Bank of India's Appeal Against High Court Order Setting Aside Salary Revision for Officer Posted Abroad. Contractual Clause Permitting Revision of Salary Upheld as Binding Under Section 18 of State Bank of India Act, 1955.

The Supreme Court allowed the appeal filed by the State Bank of India and others against the judgment of the Bombay High Court. The respondent, Ravind...