TABLE OF CONTENTS: RESEARCH METHODOLG 7; AIM: 7; SCOPE AND LIMITATION 7; RESEARCH PROBLEM: 7; HYPOTHESIS: 8; RESEARCH QUESTION: 8; SOURCES: 9; MODE OF CITATION: 9; CHAPTER 1 10; INTRODUCTION 10; CHAPTER 2: 13; BANKING BUSINESS IN INDIA 13; 2.1 Indian banking sector - its evolution & development 13; 2.2 Banking Business 16; 2.3 What is Moratorium? 19; 2.4 Purpose of Moratorium 20; CHAPTER 3: 22; MORATORIUM UNDER BANKING REGULATION ACT, 1949 22; 3.1 Order of Moratorium 22; 3.2 Legal framework governing moratorium 23; 3.2.1 Application of RBI 23; 3.2.2 Imposition of Moratorium 24; 3.2.3 Amalgamation 24; 3.3 Why order of moratorium for Global Trust Bank? 26; 3.3.1 Procedure for RBI Moratorium 27; 3.3.2 Moratorium on Merger of GTB with Oriental Bank of Commerce (obc) 27; 3.3.3 Reasons for Moratorium on GTB 28; 3.3.4 Steps taken by Reserve Bank during Moratorium on GTB 30; 3.3.5 Lifting of RBI Moratorium on GTB. 31; 3.4 Moratorium under the Orders High Court 31; 3.5 Moratorium - Reserve Bank 40; 3.6 Moratorium-Central Government 46; 3.6.1 Imposition of Moratorium 48; 3.6.2 Effect of Moratorium 49; 3.6.3 Post-decisional hearing 49; 3.7 Constitutional Validity of Section 45 51; CHAPTER 4: 53; COMPARISON OF BANK BANKRUPTCY LEGISLATION . 53; 4.1 Special Treatment to Insolvent Banks 54; 4.1 .1 Special rules versus General rules 60; 4.2 Intervention of Supervisor 61; 4.3 Pre-insolvency intervention 64; 4.4 Insolvency -Interface of Special and General Rules-Moratorium 68; 4.5 Liquidation 71; CHAPTER 5 75; CONCLUSION 75; BIBLIOGRAPGHY 78; Primary Sources 78; Secondary Sources 78; BOOKS: 78; ARTICLES: 80; LIST OF CASES: 81; WEB SOURCES: 82.