In a modern developing economy like that of India, a holistic and coherent understanding of the law relating to the monetary and financial system is of vital importance. This comprehensive work provides all the rulings of the Supreme Court on the formal and informal monetary, banking and financial system and the bare text of the major Central Acts on the subject in one place viz. Encyclopaedia on Debt, Financial and Monetary Laws.
This exhaustive 3 volumes compendium covers the law of more than sixty-two years of the Supreme Court's rulings on this subject and the bare text of all the major Central Acts on Debt, Financial and Monetary Laws, such as the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the State Financial Corporations Act, 1951, Foreign Exchange Management Act, 1999, Reserve Bank of India Act, 1934 etc. The law on Interest, Foreign Exchange, the Monetary System, NBFCs, etc. has also been incorporated to make this a unique compendium.
Some of the important subjects covered herein include:
Banks, Banking business, Debt, Debt Recovery and Relief, Financial Institutions, Foreign Exchange, Interest, Monetary Laws and Norms, Negotiable Instruments, Negotiable Instruments Act, 1881, Non-Scheduled Banks/NBFCs/Chit Funds/Saving Schemes/Hire-Purchase, and Reserve Bank.
This comprehensive work will be immensely useful to Banks, Financial Institutions, Non-Banking Financial Companies, judiciary, legal practitioners, financial institutions, the industry and all those who are interested in the in-depth study of subject.