CVN

Section 2 of the Acct deemed to have come into force on 1 __ 1992. .

2 (3) (c) of the PC Act

7 4 2015 – This Company became a Govt company on and from this day

Page 35 of the Counter.

Banking Regulation Act – Definition of Bank

2 (40) – financial institution as defined under Companies Acr 1956.

It’s a financial institution and not a banking institution

Refers to Section 5 of the BRA - Non Banking FI – Section 5 (c) -

Banking company means ….
Banking means

Financial institution simpliciter cannot come within the meaning of BC – MNPJ : Therefore,
it is classified as an NBFC

Page 26 of the Petition :

AIR 2016 SC 1063
Para 8 (?)