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Showing posts with label Maharashtra. Show all posts
Showing posts with label Maharashtra. Show all posts

Wednesday, December 28, 2011

Public Holidays in the State of Maharashtra during the year 2012 - Section 25 of the Negotiable Instruments Act, 1881


Negotiable Instruments (NI) Act 1881 is the Basic Law regulating Indian Banking System. The Act came into existence on 01/03/1882.

It is important to remember that State Government have to specifically declare Holidays under the Section 25 of the Negotiable Instruments Act, 1881 for Banks to be closed on that particular day.

Otherwise, the Holiday is applicable only to State Government offices.

Public Holidays in the State of Maharashtra during the year 2012 - Section 25 of the Negotiable Instruments Act, 1881


General Administration Department
Mantralaya, Mumbai 400 032
Notification
PHD. 1111/454/C.R.126/2011/XXIX         October 5, 2011
In exercise of the powers of Central Government under Section 25 of the Negotiable Instruments Act, 1881 (XXVI of 1881) entrusted to it by the Government of India, Ministry of Home Affairs wide its Notification No.39/1/68/Judl-III, dated the 8th May 1968, the Government of Maharashtra hereby declares the following days as Public Holidays in the State of Maharashtra during the year 2012 :


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