This notification, S.O. 1161(E), issued by the Department of Financial Services, Ministry of Finance on March 15, 2016, designates the Additional Secretary/Special Secretary in the Department of Financial Services as the Appellate Authority. This designation, effective immediately and until further orders, is made in pursuance of subsection 7 of Section 29A of the National Housing Bank Act, 1987. The Appellate Authority will decide cases relating to appeals from housing finance institutions aggrieved by orders from the National Housing Bank concerning the rejection of registration applications or cancellation of registration certificates. The notification is referenced as F. No. 7/2/2016-IF.II and was issued by Pankaj Jain, Joint Secretary.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Department of Financial Services: A department within the Ministry of Finance, Government of India.
National Housing Bank Act, 1987: An act of the Indian Parliament establishing the National Housing Bank.
National Housing Bank: The apex regulatory body for housing finance companies in India.
Additional Secretary Special Secretary: An official in the Department of Financial Services, Ministry of Finance, designated as the Appellate Authority.
New Delhi: The capital of India, where the notification was issued.
Housing Finance Institutions: The institutions providing finance for housing.
Mayapuri, New Delhi: Location of the Government of India Press.
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EXTRAORDINARY
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PART II—Section 3—Sub-section (ii)
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PUBLISHED BY AUTHORITY
la- 699] ubZ fnYyh] lkseokj] ekpZ 21] 2016@pS=k 1] 1938
No. 699] NEW DELHI, MONDAY, MARCH 21, 2016/CHAITRA 1, 1938
foÙk ea=kky; MINISTRY OF FINANCE
(foÙkh; lsok,a foHkkx) (Department of Financial Services)
vf/lwpuk NOTIFICATION
ubZ fnYyh] 15 ekpZ] 2016 New Delhi, the 15th March, 2016
S.O. 1161(E).— In pursuance of sub-section
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(7) of Section 29A of the National Housing Bank Act,
1987 dh /kjk 29 d dh mi&/kjk (7) ds vuqlj.k esa] dsUnzh;
1987 Central Government, hereby designates the,
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Department of Financial Services, Ministry of Finance
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to function as Appellate Authority for deciding the cases
djus ls vlarq"V vkokl foRr laLFkkvksa dh vihy laca/h ekeyksa esa
relating to appeals of the housing finance institutions
fu.kZ; ysus ds fy, foRrh; lsok,a foHkkx] foRr ea=kky; esa vij aggrieved by the order or rejection of application for
lfpo@fo'ks"k lfpo dks rRdky izHkko ls vkSj vxys vkns'kksa rd] registration or cancellation of certificate of registration
by National Housing Bank, with immediate effect and
vihyh; izkf/dkjh ds :i esa dk;Z djus ds fy, ukeksfí"V djrh
until further orders.
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[F. No. 7/2/2016-IF-II]
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PANKAJ JAIN, Jt. Secy.
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1394 GI/2016
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.