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S V Narayanan (Personnel Manager)     28 April 2010

Shop Act applicability in UP for Banks

Would like to know whether all private Banks are exempted from the provision of UP Dhookan Aur Vanijiya Adhisthan Adhiniyam?  If so, under which Section and from which date? 

Please guide me...



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 3 Replies

Raj Kumar Makkad (Adv P & H High Court Chandigarh)     29 April 2010

Banks are governed by norms of RBI and they are not covered under the mentioned act.

S V Narayanan (Personnel Manager)     17 June 2010

Any of UP executives can respond to my query, please...

sushil kumar (Advocate)     02 September 2011

Dear Narayanan

RBI declared the tow list of banks, i.e schdule-1&2, those are mention in this list, shop act not applicable,

List of scheduled bank you can find from net,

thanks 


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