Banking Regulation Act,1949 |
Act No : 10 of 1949 |
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Contents of Act: |
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SECTION( 36A. ) Certain provisions of the Act not to apply to certain bankingcompanies. | |
SECTION( PART ) CONTROL OVER MANAGEMENT | |
SECTION( 36AA ) Power of Reserve Bank to remove managerial and other persons fromoffice. | |
SECTION( 36AB ) Power of Reserve Bank to appoint additional directors. | |
SECTION( 36AC ) Part IIA to override other laws. | |
SECTION( PART ) PROHIBITION OF CERTAIN ACTIVITIES IN RELATION TO BANKING COMPANIES | |
SECTION( 36AD ) Punishments for certain activities in relation to banking companies. | |
SECTION( PART ) ACQUISITION OF THE UNDERTAKINGS OF BANKING COMPANIES IN CERTAIN CASES | |
SECTION( 36AE ) Power of Central Government to acquire undertakings of bankingcompanies in certain cases. | |
SECTION( 36AF ) Power of the Central Government to make scheme. |