State Bank of India (Subsidiary Banks) Act,1959

Act No : 38

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Section : Continuance of special provisions respecting recovery of loans andadvances made by the Bank of Patiala and the State Bank of Saurashtra.

56. Continuance of special provisions respecting recovery of loans and advances made by the Bank of Patiala and the State Bank of Saurashtra. The State Bank of Patiala and the Saurashtra Bank shall be entitled to recover in the same manner as an arrear of land revenue --------------------------------------------------------------------- 1. Ins. by Act 1 of 1984, s. 53 (w.e.f. 15-2-1984). 210 any moneys due in respect of loans or advances made before the appointed day by the Bank of Patiala or the Saurashtra Bank, as the case may be, and the provisions of any law, relating to such recovery as were applicable to that bank before the appointed day shall continue to apply to the State Bank of Patiala or the Saurashtra Bank, as the case may be, in respect of such recovery after the appointed day.

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