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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Penalty enhancement in Reserve Bank Act increases sanctions and strengthens Reserve Bank regulatory powers over NBFCs.</h1> Amendments to section 58B raise specific monetary penalties and alter clause language and cross references to broaden the conduct subject to sanction; the Bill separately proposes higher net owned fund requirements for NBFCs, new Reserve Bank powers to remove directors and supersede boards, authority to sanction auditors for non compliance, a resolution framework for NBFCs, and powers regarding group companies, with corresponding penalty increases proposed in section 58G.

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