Banking Regulation Act,1949 |
Act No : 10 of 1949 |
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Contents of Act: |
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SECTION( 45S. ) Chief Presidency Magistrate and District Magistrate to assist officialliquidator in taking charge of property of banking company. | |
SECTION( 45T. ) Enforcement of orders and decisions of High Court. | |
SECTION( 45U. ) Power of High Court to make rules. | |
SECTION( 45V. ) References to directors, etc., shall be construed as includingreferences to past directors, etc. | |
SECTION( 45W. ) Part II not to apply to banking companies being wound up. | |
SECTION( 45X. ) Validation of certain proceedings. | |
SECTION( PART ) PROVISIONS RELATING TO CERTAIN OPERATIONS OF BANKING COMPANIES | |
SECTION( 45Y. ) Power of Central Government to make rules for the preservation ofrecords. | |
SECTION( 45Z. ) Return of paid instruments to customers. | |
SECTION( 45ZA ) Nomination for payment of depositors' money. |