Debts Due to Banks and Financial Institutions Act The case of Greater Bombay Co-Op Bank Ltd. v. United Yarn Tex. Pvt. Ltd. and Ors.‚ decided by a three judge bench of the Supreme Court finally settles the long-ranging debate about the interplay between Debt Recovery Tribunals and Co-operative Banks that had brought about a series of conflicting High Court decisions. The question in this case was whether the mechanism for the recovery of debt by Co-operative banks was to be in accordance with the
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ABSTRACT This paper examines the foundation and operational systems of the cooperative bank and its attempt to position itself within the context of two generic identities; the cooperative movement and the generic identity of the banking industry. It takes a look at the ethical policy concepts of the bank as its business model and how this has evolved as a differentiation characteristic for the banking industry. It also explores briefly the evolution of the bank since conception‚ its successes and
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States (US). One of the most pressing issues and topics of the Constitution was the idea of federalism‚ which describes the basic relationship between different levels and groups of governments within one nation. For the past 228 years‚ the US government has balanced the powers of state and national government on multiple domestic and foreign issues. Although‚ there have been issues where the idea of federalism is interpreted differently. In today’s society‚ the US plays a crucial and key role in
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exist between ethical leadership and cooperative goal interdependence suggest that ethical leadership has potentially significant direct and indirect benefits for employees and organizations. The direct effect of perceived ethical leadership on cooperative goal interdependence was estimated as significant when multicollinearity was not taken into consideration. Moreover‚ when added to the model the follower relational identification with the leader effect of ethical leadership on cooperative goal
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Both Thomas Jefferson and Alexander Hamilton were prominent members of society during the era after the revolution. Yet while these two men came from similar backgrounds and both believed in liberty and independence‚ neither of the two men could stand each other. This was mainly due to the fact that the two men had radically different views on various subjects‚ and neither was willing to give up or alter their view. Alexander Hamilton‚ one of the most important people of the time‚ was the first
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bank and an army. They proposed a new constitution‚ while the Anti-federalist wanted to remain under the Articles of Confederation. The Anti-federalist planned for the almost unavoidable corruption of a powerful central government. They wanted true federalism‚ a much better plan for our country long term. The federalist believed that the current system of government could be improved. Strengthening the central government would help protect the government from tyranny. Federalist No. 51 stated‚ “In framing
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The United States of America Should Be Against Federalism Ratification of the Constitution is bad for America. The third principle of the Declaration of Independence is‚ “Governments are created in order to protect the rights of the people they govern.” Federalists ideas do not protect people. By supporting the federalism ideas the people of America will be governed by an overly powerful government that will not protect the rights of the average citizen. One example of this is the new Constitution
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The comparison of Cyclops’ from historical contexts to new media In Greek mythology‚ the Cyclops was a member of the giant race‚ every one of them having one eye in the middle of their heads. The Cyclops’ were gigantic monsters who originated from Sicily which consumed human beings. Because of their horrific appearance there were banished to the underworld‚ but later set free from their prison by the Greek gods. In the X-Men series‚ the Cyclops is a character that is portrayed as a superhero
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Compare and Contrast 2 artworks ‘Music In the Tulieries’ And ‘Dance at le Moulin de la Galette’ Music in the Tuileries Garden depicts a fashionable Parisian crowd socialising in the the Tuileries garden as they enjoy the music played by a band‚ Manet has not included the musicians in the painting. The scene is crowded and the composition of people occupies more than half of the canvas. Manet has attempted to capture the hustle-bustle of the modern life of people living during the era. He has
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Federalism There are many advantages to various national policies that are implemented by various departments of the federal government. The advantage here is efficiency and one department that does this well is the United States Department of Education. Through its policies upholding the 2015 Every Student Succeed Act‚ the US Department of Education is able to hold states accountable for the improvement of every student’s educational outcomes. According to Darrow (2016)‚ The ESSA narrows the role
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