Banking Law.docx

Training Course: Banking Law Objectives: The objectives of the course include as follows:  To familiarize the banking system  To enhance the capacity in banking law  To update the judicial trends on banking law  To aware and update the international regimes on banking law Session

Main Topics

Session- 1

Concept and Scope of Law of Banking

Sub Topics  Overview of banking system  Development of Banking System in Nepal and international  Core function of banks 

Session-2

International Banking Institutions

Session-3

Nepalese System

Session-4

Nepal Rastra Bank Directives/ Circulars

Session-5

Merger and Acquisition of banking Company

Session-6

Money Laundering & Terrorist Financing

Banking

Objective and Role of the World Bank, International Monetary Fund, International Finance Corporation and Asian Development Bank  Basel Principles  Relation between banking institution (national and international) and government agencies (Government of Nepal, Central Bank and other regulatory agencies).  Development of Banking Law  Prevailing core banking laws - NRB Act, BAFIA, Foreign Exchange Act, Banking Offence and Punishment Act, Negotiable Instruments Act  Role of the Central Bank in mediation of BFIs related cases  Banking laws and security laws, mutual funds  Statutory Reserve Ratio, Current Reserve Ratio, Credit control and Credit Creation in banking business. Several sections in the directives  Directives/circulars on domestic money  Directives/circulars on foreign money including four major bylaws - Foreign Exchange Permission bylaws, Remittance Bylaws, and money changer bylaws and other circulars is sued by Foreign Exchange Department of Nepal Rastra Bank.  NRB Directives and Corporate Governance Concept and Scope  Experiences and case studies national and international  Opportunities and Risk due to membership of World Trade Organization (WTO). Objectives  International instruments/Standards on money laundering  Nepal's laws directives and compliances on money laundering  Case laws on money laundering  Implications and ramifications

Session-7

Debt Recovery

Session-8

Dissolution of Banking Company

Session-9

Major Cases Banking Law

on

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Provision of Debt Recovery Act and BAFIA Cross cutting issues Provision of Companies Act, BAFIA, NRB Act and Insolvency Act. Some case studies national and international Selected Cases from among the list stated in references

References - Nepali Cases 1. Purushottam Mudhavari vs NBL ( Ne.Ka.Pa vol 6, 2025, page 61) 2. Dhan Bahadur vs Suryamal (Ne.Ka.Pa. 2033, Decision No. 984 From RKB page 40) 3. Sushila Rani vs Hotel Jaya International (Ne.Ka.Pa 2041.Decision No.1938/ From RKB page 40) 4. Raghunath Agrawal vs NBL (Ne.Ka.Pa. 2041 ka,page No147) 5. Badriman Nakarmi vs NBL (Ne.Ka.Pa 2041kha.page 292) 6. Sherbahadur Gurung vs Purna Singh and others (Ne.Ka.Pa 2041ka, page 52) 7. Jhabarmahal vs Bedman Singh (Ne.Ka.Pa 2042, Decision no 2273) 8. Jhawar Mal Goyanka vs RBB Ne.Ka.Pa 2042ka,page 123 9. Gajendraman (for NBL Kalimati Branch) v. Maheshworman (NKP.2042, page 468) 10. Bhagirath v.Laxmi Prasad NKP.2042,page 545 11. Jhawar Mal Goyanka vs RBB,Janakpur Branch,Dhanush Ne.Ka.Pa 2042, page 180 From Yan Sangraha page 316 12. RBBL Branch Office, Nepalgunj v.Laksha Budha (NKP.2043, page 667) 13. Pro.Biharilal and others v. NBL, Shreepur Branch NKP.2043 page 84 14. Jagamaniya Yadavni vs NBL (Ne.Ka.Pa 2044ka, page 262) 15. Nepal Enginering........vs ,ADB/N, Bishal Bazar (Ne.Ka.Pa. 2044ka, page 288) 16. Somraj Gautam vs NIDC (Ne.Ka.Pa. 2044ka,page367) 17. Manbahadur v. NBL,Banking Office,Chandranigahapur and others (NKP.2044, page 1284 From Yan Sangra) 18. NBL vs Raghunath Agrawal (Ne.Ka.Pa.2044ga, page 84) 19. Jaganiya Yadav vs ADB/N (Ne.Ka.Pa. 2044ka, page 272) 20. RBBL vs Jhawarmal goyanka (Ne.Ka.Pa. 2045, page 216) 21. Indu Shrestha vs RBB

(Ne.Ka.Pa. 2045ga, page 239) 22. Jamaldhar Tuladhar vs NBL (Ne.Ka.Pa 2047 page 440) 23. Dal Bahadur Budhamagar vs NBL (Ne.Ka.Pa. vol 9, 2048, page 508, Decision No 4361) 24. Premmani Aa.Di vs NBL (Ne.Ka.Pa. vol I, 2048, page 20) 25. Karisma Impex vs National Trading Ltd. (Ne.Ka.Pa. vol XII, 2048, page 891) 26. Bijaya Kumar Shah vs Excise Duty Office and others (Ne.Ka.Pa. vol V 2049, page 435) 27. Manoj Kumar Gupta vs RBB Ne.Ka.Pa. vol 2, 2051, page 121 28. Samuddin Ansari vs Indosuez Bank (Ne.Ka.Pa. vol 11,2052 B.S. page 978) 29. Suman Samser Thapa vs Board of Directors/ NBL (Ne.Ka.Pa. ….2053, Decision No.3330) 30. Narayan Bahadur Karki vs Krishna Bahadur Karki (Ne.Ka.Pa. 2053, page 65, Decision No. 6131) 31. Phulwati Devi Kalwarni and other vs Sathya Narayan Shrestha (Ne.Ka.Pa. 2055, page 515, Decision No. 6596) 32. Samuddin Ansari vs Nabil Bank Ne.Ka.Pa. vol 2, 2055, page 87 33. Krishna Mohan Shrestha vs NBL (Writ No. 3151, 2055 B.S.) 34. Banmali Lal Mittal vs NBL (Ne.Ka.Pa. vol I, 2057, page 32) 35. Kiran Kmar Shrestha vs NBL (Ne.Ka.Pa. vol 6, 2057, page 404) 36. NBL vs Dasaratha Man Shrestha (Ne.Ka.Pa. vol VI, 2057, page 520) 37. Puran Bajracharya vs A Court of Butwal and other (Ne.Ka.Pa. vol 5, 2057 page 440) 38. Sabitri Pradhan vs RBBL (Ne.Ka.Pa. vol 3, 2057, page 241) 39. Bhagatman Malakar vs NBL (Ne.Ka.Pa. 2057, page 667) 40. Indira Jangam vs NRB (Ne.Ka.Pa. 2058 page 471 Decision no. 7027 FROM ARD BOOK (page 429) 41. Shivram Timalsina vs RBB (Ne.Ka.Pa. 2058, page 611) 42. Rajendra Kumar Kunwar vs RBBL (Ne.Ka.Pa. 2058, page 127, Decision No.6985) 43. Sitaram Tamang vs NIDC, KTM and others (Ne.Ka.Pa. 2059, page 175, Decision no. 7075) 44. Bishnu Prasad Upadhya vs RBB (Ne.Ka.Pa. 2059, page 659, Decision No.7138) 45. Lun Karan Das Chaudhary and et.al vs NRB (Writ No. 3486, Ne.Ka.Pa. 2059) 46. Krishna Gopal Tandan vs NRB (Ne.Ka.Pa. 2060, page 918,Decision no. 7295 FROM ARD BOOK) 47. Wasir Ahamad vs Agriculturel Development Bank Ne.Ka.Pa. 2060,page 835 48. Shankar Prasad Biswakarma vs NBL Ne.Ka.Pa. 2060 page 118 49. Narayan Prasad Tharu and et.alS vs Maharani Tharu et.alS (Ne.Ka.Pa. 2060, page 288, Decision No. 72 /FROM BOOK ARD page 459 50. Nabil Bank vs Ma.PO. Ka. Lalitpur ( Ne.Ka.Pa. 2061, page 418) 51. Nirmala Mishra vs M.D.,NIDC et.al (Ne.Ka.Pa. 2061 FROM BOOK ARD page 463) 52. Ishwor Bahadur Khadka et.al vs DDC, Head Office et.al (Ne.Ka.Pa. 2061 Writ no. 3326/ FROM BOOK ARD page 475) 53. Binaya Regmi vs MA.PO Office et.als (Ne.Ka.Pa. 2061 Writ no.2502 page 481) 54. NBL City Office Dharan et.al vs Ghanashyam Shrestha (Ne.Ka.Pa.2063 Decision no.7697 Ldai's book page 61) 55. Sarashwoti Karki vs International Leasing and FinanceCo (Ne.Ka.Pa. vol 6, 2063, page 894, Ldai book page 65)

56. Basuling sugar and General Industries Ltd and Arun Chanda vs NBL et.al (Ne.Ka.Pa.2063 Decision no.7785) 57. Bindeshwor Mahasetha vs Durga Devi Sudin Shah (Ne.Ka.Pa. 2065 Decision No 805) 58. Rajendra Khethan vs NRB (Ne.Ka.Pa. 2065 Decision No 7949) 59. Mahendra Raj Pandya et.al vs NBL (Ne.Ka.Pa. Decision No.) 60. Himalayan Bank Ltd. vs Durga Devi Dangol others And Durga Devi Dangol et.als vs Himalayan Bank Ltd. (Ne.Ka.Pa. 2065 Decision No 7935) 61. Investment & Finance Co. Ltd. vs. Internal Revenue Office Area No. 2 Ktm. (Decision on 2065.10.15.4.) 62. Sakuntala Devi vs RBBL/ Branch Office, Bargachhi et.al (Ne.Ka.Pa. 2065, Decision No 8025) 63. Kashinath Paudel vs Indralal Sapkota et.al (Ne.Ka.Pa. 2066 Decision No 8109) 64. Sitaram Agrawal v. NBL Head Office and others (NKP.2066, Decision No.8049) 65. Nepal Govt.v. Flora Carpet P.Ltd (NKP 2066 Decision No.8094) 66. Triple D International vs RBBL et.al (Ne.Ka.Pa. 2067) 67. RBBL v. Sova Devi Rai (NKP 2067 Vol VIII, page 1364) 63. Sangita Tripathi Vs.Lumbani Bank Ltd. 64. Narayani Finance Vs. Amar Adarsa School 65. US Jain - Claim of Bank vs claim of Tax which will supersede 66. Piyush Bahadur Amatya (for Hotel Fulbari Ltd.) vs. RBBL (NKP 2064, Decision No. 7872, Vol. VIII, pg 1037) 67. Purna Devi Pradhan vs. RBBL (Bulletin 2067, Falgun Issue, pg 21) 68. Laxmeshwar Mandal vs. ADBL/N (Bulletin, Year 8, Issue 14, Kartik, pg 4) 69. Paras Devi Chauradia vs. RBBL (2056 Mangsir, Bulletin-8, pg 9) 70. Shanty Shrestha vs.Lumbini Bank Ltd. (Bulletin, 2066 Chaitra 2, pg 25) 71. Sharad Bahadur Shrestha vs. RBBL (Bulletin, yr 16, Issue 4, Jestha-2064, Decision Date- 064/01/16) 72. Bhuwan Man Singh Pradhan V. NRB & Others (Writ No. 3389/2060) 73. Krishna Gopal Tandan & Others V. NRB & Others (NKP 2060, Decision No. 7295) 74.Keshav Kici & Others V. International Leasing & Finance Ltd & Others (NKP 2058, Decision No. 6986) 75. Lunakaran Das Chaudhari & Others V. NRB & Others (2062, Banijya Kanoon Sambandhi Kehi Nazirharu, 2063) 76. Uma Agrwal V. NBL & Others (NKP 2046, Decision No. 3917) - Foreign Cases - J P Morgan Chase Bank, N.A. v. Banc of Am. Practice Solutions, Inc, 2012, California Court of Appeal - Jurimetrics