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    <title>1960 (12) TMI 91 - Supreme Court</title>
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    <description>State-owned banking dues were treated as Government recoverable debts because the Jhalawar State Bank was found to be an asset of the former State and its dues vested in Rajasthan. Notifications transferring State banks to Bank of Rajasthan Ltd. were construed as authorising recovery on behalf of the Government, not as divesting Rajasthan of its right to recover the dues. Loan applications and receipts together satisfied the requirement of a written agreement, so the claims constituted public demand. The certificate was not invalid for omitting the period, and the special recovery mechanism was upheld as a valid classification under Article 14.</description>
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    <pubDate>Wed, 07 Dec 1960 00:00:00 +0530</pubDate>
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      <title>1960 (12) TMI 91 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=199895</link>
      <description>State-owned banking dues were treated as Government recoverable debts because the Jhalawar State Bank was found to be an asset of the former State and its dues vested in Rajasthan. Notifications transferring State banks to Bank of Rajasthan Ltd. were construed as authorising recovery on behalf of the Government, not as divesting Rajasthan of its right to recover the dues. Loan applications and receipts together satisfied the requirement of a written agreement, so the claims constituted public demand. The certificate was not invalid for omitting the period, and the special recovery mechanism was upheld as a valid classification under Article 14.</description>
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      <pubDate>Wed, 07 Dec 1960 00:00:00 +0530</pubDate>
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