Rajasthan High Court Stays Demand Notice Against HDFC, Cites RBI Circular Allowing Banks To Display Signboard On Premises Without Fee

The Rajasthan High Court (Jaipur Bench) of Justice Anoop Kumar Dhand, recently, passed an interim order in a writ petition filed by HDFC bank. In the interim order, the court stayed the effect and operation of a demand notice issued by the Nagar Parishad Jhunjhunu to HDFC Bank. Advocate Naman Yadav, representing the HDFC Bank, submitted that it was a banking institution governed by the...