https://www.taxtmi.com/caselaws?id=103123 A writ of mandamus against a bank and the Reserve Bank of India was maintainable where the relief was directed principally to the RBI's statutory powers under banking law. However, workers' participation in management under Article 43A is not self-executing and cannot be enforced without an enabling statute. For a banking company governed by the Companies Act and the Banking Regulation Act, directors are appointed under the company law framework subject to section 10A, and the RBI's power under section 35A remains confined to its statutory grounds. In the absence of an express legal provision, neither the bank nor the RBI could be compelled to appoint an employee director or fill the vacancy for that purpose. en-us Fri, 30 Aug 1991 00:00:00 +0530 Mon, 20 Feb 2012 18:05:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103123 A writ of mandamus against a bank and the Reserve Bank of India was maintainable where the relief was directed principally to the RBI's statutory powers under banking law. However, workers' participation in management under Article 43A is not self-executing and cannot be enforced without an enabling statute. For a banking company governed by the Companies Act and the Banking Regulation Act, directors are appointed under the company law framework subject to section 10A, and the RBI's power under section 35A remains confined to its statutory grounds. In the absence of an express legal provision, neither the bank nor the RBI could be compelled to appoint an employee director or fill the vacancy for that purpose. Case-Laws Companies Law Fri, 30 Aug 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103123