Reserve Bank of India Act : Liquidation of the Bank Indian Bare Acts :

Reserve Bank of India Act,1934

Act No : 2

Section : Liquidation of the Bank

57. Liquidation of the Bank.- (1) Nothing in the 1*[Companies Act, 1956 (1 of 1956),] shall apply to the Bank, and the Bank shall not be placed in liquidation save by order of the Central Government and in such manner as 2*[it may direct]. 3* * * * *