https://www.taxtmi.com/caselaws?id=159311 Regulation 26 of the Andhra Bank (Officers) Service Regulations, 1982 authorised Government guidelines on use of bank cars, and the Court held that this power operated in a distinct field from the regulation-making process under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. Because the regulation had already been validly framed, the Central Government was not required to obtain a fresh consultation with the Reserve Bank of India before issuing the later guidelines. The consultation requirement in Section 8 was therefore inapplicable on these facts, and the challenge to the guidelines failed. The impugned judgment was set aside and the Bank's appeal succeeded. en-us Thu, 08 May 2008 00:00:00 +0530 Mon, 25 Dec 2017 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159311 Regulation 26 of the Andhra Bank (Officers) Service Regulations, 1982 authorised Government guidelines on use of bank cars, and the Court held that this power operated in a distinct field from the regulation-making process under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. Because the regulation had already been validly framed, the Central Government was not required to obtain a fresh consultation with the Reserve Bank of India before issuing the later guidelines. The consultation requirement in Section 8 was therefore inapplicable on these facts, and the challenge to the guidelines failed. The impugned judgment was set aside and the Bank's appeal succeeded. Case-Laws Companies Law Thu, 08 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159311