Supreme Court on Banking Law

Banking is the backbone of all economies the world over. And like everything that has anything to do with money, it too is prone to manipulations and irregtularities. Consequently, there have been a number of legislative enactments to deal with the greed borne contingencies. But the enactements alone are not enough, for the legislations have to be enforced and the errint punished, which is the domain of the courts. It is in the courts that a legislation comes to life and becomes operative. And it is here that the finer meanings of the provisions come to the surface. The Supreme Court being the highest court of the land with its judgements binding on all the courts and tribunals in the counrty, is the final interpreter of a statute. The Apex Court has passed a number of enlightening judgements and has been a wise intereter of the statutes. There cannot be a study of the law of any kind witthout taking in consideration the judgements of the Apex Court. Banking laws are no exceptions. Therefore, we bring to you the fourth edition of our selected compilation of the supreme Court judgements. This is the 4th Edition of the book, which is a collection of the Supreme Court judgements on banking Laws from 1950 to 2002. The first three editions of the book were published in 1980, 1984 and 1991. And in this edition we have tried to expand the scope and coverage of the book. Banking is a vast field and it is difficult to say that the book covers all the judgements on banking, but while selecting the judgements which are of use to the bankers. It gives a brief summary of facts of the cases and provides the ratio decidendi of the decisions. We sincerely hope that it would be very useful ready reference on banking laws.