Regulatory exemption power allows suspension of chapter provisions for housing finance institutions, subject to conditions and parliamentary laying. The substituted provision empowers the central banking regulator to exempt a housing finance institution that is a company or a group of such companies from all or any provisions of the Chapter by notification, subject to conditions, limitations or restrictions, with every notification required to be laid before each House of Parliament.
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.
Regulatory exemption power allows suspension of chapter provisions for housing finance institutions, subject to conditions and parliamentary laying.
The substituted provision empowers the central banking regulator to exempt a housing finance institution that is a company or a group of such companies from all or any provisions of the Chapter by notification, subject to conditions, limitations or restrictions, with every notification required to be laid before each House of Parliament.
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