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AI Drafter

Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.

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• Review the issues identified by the AI
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Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
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• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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        PMLA, Black Money & ED

        Appointments Committee of the Cabinet Approves Appointment of Nine Executive Directors in Public Sector Banks

        March 11, 2015

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        The Appointments Committee of the Cabinet (ACC) has approved the appointments of following nine Executive Directors(EDs) in Public Sector Banks(PSBs):

        I. Shri Charan Singh (DoB: 01.07.1960), General Manager, Bank of India (Bank of India) as Executive Director (ED), UCO Bank in the scale of pay of ₹ 65,000-78,000/- for a period of five years with effect from the date of his assumption of charge of the post or until his superannuation or until further orders, whichever is earliest.

        II. Shri K.Venkata Rama Moorthy (DoB: 12.01.1959), General Manager, Bank of Baroda as Executive Director, Bank of Baroda in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of the charge of the post and upto 31.01.2019 i.e. the date of his attaining the age of superannuation, or until further orders, whichever is earlier.

        III. Shri R.P.Marathe (DoB: 17.11.1958), General Manager, Bank of Baroda as Executive Director, Bank of India in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of the charge of the post and upto 30.11.2018 i.e. the date of his attaining the age of superannuation, or until further orders, whichever is earlier.

        IV. Shri Harideesh Kumar B (DoB: 20.05.1957), General Manager, Vijaya Bank as Executive Director, Canara Bank in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of charge of the post and upto 31.05.2017 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

        V. Shri N.K.Sahoo (DoB: 24.02.1959), General Manager, Canara Bank as Executive Director, Allahabad Bank in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of charge of the post and upto 28.02.2019 i.e. till the date of his attaining the age of superannuation or until further orders, whichever is earlier.

        VI. Shri Pawan Kumar Bajaj (DoB: 21.09.1958), General Manager, Bank of India as Executive Director, Indian Overseas Bank (IOB) in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of charge of the post and upto 30.09.2018 i.e. till the date of his superannuation or until further orders, whichever is earlier.

        VII. Shri Ravi Shankar Pandey (DoB:06.10.1957), General Manager, Union Bank of India as Executive Director, Syndicate Bank in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of charge of the post and upto 31.10.2017 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

        VIII. Shri Kishore Piraji Kharat (DoB: 04.09.1958), General Manager, Bank of Baroda as Executive Director, Union Bank of India (UBI) in the scale of pay of ₹ 65,000-78,000/- with effect from the date of his assumption of charge of the post and upto 30.09.2018 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

        IX. Shri R.C.Lodha (DoB: 14.02.1957), General Manager, Union Bank of India(UBI) as Executive Director, Central Bank of India (CBI) in the scale of pay of ₹ 65,000/- 78,000/- with effect from the date of assumption of charge of the post and upto 28.02.2017 i.e. the date of his attaining the age of superannuation or until further orders, whichever is earlier.

        Executive Director appointments in public sector banks approved, effective on assumption of charge and subject to superannuation or tenure limits. Approval is granted for nine Executive Director appointments in public sector banks, effective from assumption of charge with a stated scale of pay and tenure limited either to the officer's date of superannuation or, in one case, to a five year term; each appointment is subject to earlier administrative orders.
                          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.

                                Executive Director appointments in public sector banks approved, effective on assumption of charge and subject to superannuation or tenure limits.

                                Approval is granted for nine Executive Director appointments in public sector banks, effective from assumption of charge with a stated scale of pay and tenure limited either to the officer's date of superannuation or, in one case, to a five year term; each appointment is subject to earlier administrative orders.





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                                ActsIncome Tax
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