Reviewed case brief
Peerless General Finance and Investment Co Ltd v Reserve Bank of India
(1992) 2 SCC 343
## Facts (2-3 lines)
- Court
- Supreme Court of India
- Year
- 1992
- Subjects
- Law of Banking and Negotiable Instruments
- Reviewed
- 2026-08-02
Rule established
RBI has wide regulatory powers over non-banking financial companies; courts should not lightly interfere with RBI's regulatory directions issued in public interest.
Facts
Issues
Held
Ratio decidendi
How to use it in an exam
Editorial source
(1992) 2 SCC 343
Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.