Section 39A

Application of Companies Act to liquidators.

The Banking Regulation Act, 1949

  • Act 10 of 1949
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to consolidate and amend the law relating to banking.

All sections
    1[39A. Application of Companies Act to liquidators.--(1) All the provisions of the Companies Act, 1956 (1 of 1956), relating to a liquidator, in so far as they are not inconsistent with this Act, shall apply to or in relation to a liquidator appointed under section 38A or section 39.
     (2) Any reference to the "official liquidator" in this Part and Part IIIA shall be construed as including a reference to any liquidator of a banking company.]

Notes

1. Ins. by Act 33 of 1959, s. 28 (w.e.f. 1-10-1959).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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