Tagged “bank-amalgamation”

British Motor Car Co. v. Hindustan Commercial Bank (2026): a statutory bank merger is 'parting with possession' under the Delhi Rent Control Act

The Supreme Court held that the amalgamation of a tenant bank under Section 45 of the Banking Regulation Act, 1949 attracts Section 14(1)(b) of the Delhi Rent Control Act, 1958 — the eviction ground draws no line between voluntary and involuntary transfers, and a scheme framed by the RBI is administrative, not legislative.