CHAIRMAN GANGA YAMUNA GRAMIN BANK Vs. DEVI SAHAI

JUDGEMENT

(1.) Leave granted.

(2.) Appellant is a bank constituted and incorporated under the Regional Rural Banks Act, 1976 (for short, "the Act"). Section 30 thereof provides for a regulation making power.

(3.) The Act was amended by Act No. 1 of 1988 which came into force with effect from 28.9.1988 in terms whereof 'National Bank was defined in Section 2(ca), to mean: