KERALA SMALL FINANCIER'S ASSON. . vs UNION OF INDIA . — C.A. No. 5005/2001

Case under Section XI-B. Status: Disposed.

Disposed

CNR: SCIN010150402000

Filing Date

06-Sep-2000

Registration No

C.A. No. 5005/2001

Diary Number

15040/2000

Order Date

02-Aug-2001

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 07-Jun-2026

Acts & Sections

Section XI-B

Petitioner(s)

  1. 1.KERALA SMALL FINANCIER'S ASSON. .

    Adv. E. M. S. ANAM

Respondent(s)

  1. 1.UNION OF INDIA .

    Adv. RAMESH BABU M. R.

Case History

  1. Case disposedDisposed

  2. 02-Aug-2001

    ROP - of Main CaseView PDF

  3. 06-Sep-2000

    Case filed

    Registration No. C.A. No. 5005/2001

View Full Judgment
casestatus.in Summary

Case Summary The Supreme Court heard consolidated appeals from Kerala Small Financier's Association and related finance associations challenging the constitutional validity of Section 45-S of the Reserve Bank of India Act. The appellants contended that this provision unconstitutionally prevented state-registered money lenders from accepting deposits. The Court dismissed all appeals, holding that Section 45-S was validly enacted under Entry 45 of the Union List and is binding on all persons, overriding conflicting state money-lending laws. The Court relied on binding precedent from T. Velayudhan Achari v. Union of India (1993), with no order as to costs. This case analysis is maintained by casestatus.in based on publicly available court records.

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