Sandeep S. Ghandat & Ors. Vs Reserve Bank of India & Ors. (Supreme Court of India)
Case ke facts
Ye case multi-state co-operative banks par tha. RBI ne unka Board hata diya tha aur us duration ko extend bhi kiya tha. Banks ne bola ki zyada duration allowed nahi hai.
Mudda (Issue)
Kya RBI Board hatane ka period 6 mahine se zyada extend kar sakta hai?
Faisla (Held)
Supreme Court ne RBI ko power di ki vo Board ko 5 saal tak hata sakta hai, aur is period ko original term se aage bhi badha sakta hai.
Practical takeaway
Agar aap kisi co-op bank se jude hain, to Board ki supersession RBI jitna samjhe utna time extend ho sakta hai. Is par challenge mushkil hai.
Original report: TaxGuru
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Yeh summary public report par aadhaarit general jaankari hai, legal advice nahi. Poora faisla padhne ke liye original source dekhiye. Published on cgaindia.com: 2026-09-08.