Section 35

Corporation to have access to records.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

  • Act 47 of 1961
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to provide for the establishment of a corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other matters connected therewith or incidental thereto.

All sections
    (1) The Corporation shall have free access to all such records of an insured bank 1[or a credit institution] perusal where of may appear to the Corporation to the necessary for the discharge of its functions under this Act.
     (2) The Corporation may require any insured bank 1[or credit institution] to furnish to it copies of any of the records referred to in sub-section (1) and the bank 1[or the credit institution] shall be bound to comply with the requisition.

Notes

1. Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).

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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