Section 48

Application of fines.

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
    A Court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in or towards payment of the costs of the proceedings, or in or towards the rewarding of the person on whose information the fine is recovered.

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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