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Hindustan Times
17-05-2025
- Business
- Hindustan Times
Bank holiday: Are banks in India open or closed today, May 17?
Weekends are when most people finally find the time to run errands, including visiting the bank. But with frequent national and regional holidays, and banks staying shut on some Saturdays, it's easy to lose track. If you are wondering whether banks are open today, here's a quick reminder: according to the Reserve Bank of India, all banks remain closed on the second and fourth Saturdays of every month. The RBI also puts out a holiday list so you can plan your bank visits without any last-minute surprises. Banks will remain open today as it is the third Saturday, resulting in banks operating at regular working hours. The list of bank holidays announced by RBI includes: 18 May (Sunday) - weekly off 24 May (Saturday) — Weekly off due to the fourth Saturday 25 May (Sunday) — Weekly Off 26 May (Monday)- On the account of the Birthday of Kazi Nazrul Islam 29 May (Thursday)- On the account of Maharana Pratap Jayanti On May 26, banks in only Agartala will remain closed, while banks in other states will remain open. Similarly, for May 29, banks in Shimla will remain closed for Maharana Pratap Jayanti. RBI publishes a list of Bank holidays for each month on the official website. There are three categories of bank holidays- Negotiable Instrument Act, Real-Time Gross Settlement (RTGS) holidays and banks' closing of accounts. Also the bank holidays differ in every state according to the festivals. A total of six holiday have been designated during the month of May. During the bank holiday, customers will not be able to conduct transactions related to cheques and promissory notes as these come under the Negotiable Instruments Act. Meanwhile, the customers will still be able to access the digital banking services through Net banking and the ATM will also remain functional. Fund transfers can be initiated using the online banking facilities. Other services, such as card usage, account management, and setting up standing instructions, can also be done online.
Time of India
05-05-2025
- Business
- Time of India
You could save money, penalty by settling traffic challans, electricity bill, motor accident claims, and others at National Lok Adalat on May 10, 2025
Live Events How will the National Lok Adalat, Delhi work on May 10, 2025? Criminal compoundable offences Cheque dishonour cases under Section 138 of the Negotiable Instrument Act Money recovery cases Motor Accident Claims cases (MACT) Labour dispute cases; Electricity and water bill cases Matrimonial disputes (except divorce) Land acquisition cases Services matters relating to pay, allowances and retiral benefits, Revenue cases (pending in district and high courts only), Other civil cases Compoundable traffic challans. Electricity and water dispute: "One of my clients had a commercial electricity connection. In case of such connections the electricity charges continue to be billed whether electricity is used or not. So my client informed the power company that due to some fire safety work his connection should be turned off for 3 months. However, the power company failed to do so and billed him Rs 1.35 lakh. Hence the legal dispute started. Ultimately in the Lok Adalat he settled the case by paying Rs 5000 (excluding legal cost).' "One of my clients had a commercial electricity connection. In case of such connections the electricity charges continue to be billed whether electricity is used or not. So my client informed the power company that due to some fire safety work his connection should be turned off for 3 months. However, the power company failed to do so and billed him Rs 1.35 lakh. Hence the legal dispute started. Ultimately in the Lok Adalat he settled the case by paying Rs 5000 (excluding legal cost).' Motor accident claims case: "In another case, a client who became 45% disabled, claimed Rs 8 lakh from the insurance company under Motor Accident Claims Tribunal Act (MACT). The Insurance company was paying Rs 3 lakh. Ultimately in Lok Adalat he got Rs 4.25 lakh. In MACT cases the judge takes the opinion of medical experts and works like a mediator between the insurance company and the accident victim.' "In another case, a client who became 45% disabled, claimed Rs 8 lakh from the insurance company under Motor Accident Claims Tribunal Act (MACT). The Insurance company was paying Rs 3 lakh. Ultimately in Lok Adalat he got Rs 4.25 lakh. In MACT cases the judge takes the opinion of medical experts and works like a mediator between the insurance company and the accident victim.' Motor insurance civil case: 'In another case where I represented an insurance company, a car got stolen and the owner demanded Rs 12 lakh (IDV- Insurance Declared Value)) plus interest. However, when the insurance company's surveyor investigated, the owner said that he had lost the spare key but he did not file an FIR for this. Ultimately in Lok Adalat the matter got settled as the insurance company was ordered to pay 70% of the money i.e. Rs 9 lakh and settle the case in full. How to settle Delhi Traffic Police challans in the National Lok Adalat on May 10, 2025 What is the maximum capacity of the respective courts organising National Lok Adalat in Delhi on May 10, 2025? What is the maximum number of Delhi traffic police challans/notices that can be settled through the National Lok Adalat, Delhi on May 10, 2025? A National Lok Adalat, Delhi is being organised in all court complexes of Delhi on May 10, 2025 from 10AM to 4PM. If you have any pending legal money dispute cases relating to motor accident claims, motor insurance, cheque dishonour, matrimonial (except divorce), Delhi Traffic Police notice/challans, electricity and water bill dispute, land acquisition cases and others, then attending this National Lok Adalat can help you settle the case - realise money stuck in it or save you time and money. The National Lok Adalat sessions will be held at the court complexes of Dwarka, Karkardooma, Patiala House, Rohini, Rouse Avenue, Saket and Tis this National Lok Adalat presents an opportunity for vehicle owners including owners of bikes and scooters, who have any pending Delhi Traffic Police challans/notices to save a lot of money by settling the challans/notices in full. Cases of individuals saving up to 70% to 80% of the challans/notices amount at such lok adalats have been reported have also managed to get some money by settling motor accident claims, electricity bill disputes and similar cases stuck for of the key aspects of this National Lok Adalat is that people from anywhere in the National Capital Region NCR ) and other states can come and settle their Delhi Traffic Police challans. The key point to note is that the state where the vehicle is registered does not matter over here, what matters is that the challan/notices must be issued by the Delhi Traffic below to know more about how the National Lok Adalat works and how vehicle owners can use it to settle their pending Delhi Traffic police challans and to the public notice issued by the Delhi State Legal Services Authority here are the categories of cases which would be taken up in this Lok Adalat:Advocate Atul Sharma, Partner at S&G Attorneys shares his experience at a previous National Lok Adalat:According to the public notice issued by the Delhi Traffic Police, here's how the National Lok Adalat, Delhi will work for settling traffic challans on May 10, 2025:The adalat can be used for settlement of compoundable traffic challans, including spot challans and notices of all types of vehicles (including commercial vehicles) pending on the Delhi Traffic Police portal till January 31, order to take up maximum challans/notices in the Lok Adalat, it was decided only compoundable traffic notice/challans till January 31, 2025 will be taken up. Non-compoundable, cognizance declined notices, paid notices, disposed off notices and transferred to regular/evening/digital courts notices will not be taken up in this Lok the notices/challans are to be downloaded from Delhi Traffic Police website. It is mandatory to carry a print out of the notices/challans. There will not be any facility of print out in the court download and take print out of the notices/challans log on to the Delhi Traffic Police website- above mentioned Delhi Traffic Police link will be activated from May 5, 2025 at 10AM and a maximum of 60,000 challans/notices can be downloaded per day till the overall Lok Adalat limit of 1.8 lakh challans/notices is get challans disposed off visit the stated court number in the court complex as mentioned in the printout of the challan/notices at prescribed time slot the National Lok Adalat on May 10, 2025 only compoundable challans/notices can be settled. The Motor Vehicles law divides offences into two types: compoundable and non-compoundable offences. As per Section 200, compoundable offences enable offenders to settle fines by making direct payments to authorised officers. Non-compoundable offences require that offenders appear in court to face formal legal to the public notice, it is mentioned that only 1000 Delhi traffic challans/notices will be taken up for disposal by each bench in all 180 Lok Adalat benches. This means a total of 1.8 lakh challans/notices shall be disposed of on May 10, 2025 in the specified court to the public notice, only 5 notices and 2 challans per private vehicle (total 7 notices/challans) and 2 notices/challans per commercial vehicle will be taken for settlement in this National Lok Adalat, Delhi on May 10, 2025.
Time of India
23-04-2025
- General
- Time of India
Holiday declared on May 12 for Chithirai festival in Madurai
1 2 Madurai: Madurai collector M S Sangeetha has declared a holiday on May 12 in view of the Chithirai festival when Lord Kallalagar descends into the Vaigai river . To compensate for that holiday, June 14, a Saturday, will be a working day. This local holiday cannot be considered a public holiday under the 1881 Negotiable Instrument Act. However, the treasuries and sub-treasuries, as well as banks, are directed to work with minimum staff to handle emergency work, said a statement from the collector. The annual Chithirai festival, one of the important events in Madurai city, attracts more than 15 lakh people. It commences on April 29 with flag hoisting and includes important events like Meenakshi's coronation, the celestial wedding, the chariot procession, and Lord Kallalagar's visit to Madurai city. During these 15 days, Madurai city takes on a festive look, and Goddess Meenakshi and Lord Sundareswar are taken around the four Masi streets in the morning and evening.
