State Bank of India (Subsidiary Banks) Act Indian Bare Acts :

State Bank of India (Subsidiary Banks) Act,1959	Act No : 38 of 1959
Contents of Act:	View
SECTION( 8. ) Reserve fund of the new banks.
SECTION( 9. ) Transfer of shares of existing banks to State Bank.
SECTION( 10. ) Transfer of undertaking of existing banks to new banks.
SECTION( 11. ) Transfer of services of employees of existing banks.
SECTION( 12. ) Special provision for transfer of foreign assets.
SECTION( CHAP ) COMPENSATION
SECTION( 13. ) Compensation to share holders of existing banks other than the Bank ofPatiala.
SECTION( 14. ) Compensation payable by the State Bank in respect of the Bank ofpatiala, the Saurashtra Bank and the Hyderabad Bank.
SECTION( 15. ) Constitution of the Tribunal.
SECTION( 16. ) Tribunal to have powers of a civil court.