| 1 |
Short title, extent and commencement. | Read |
| 2 |
Definitions. | Read |
| 3 |
Establishment and incorporation of Institution. | Read |
| 4 |
Purposes and objectives of Institution. | Read |
| 5 |
Authorised share capital. | Read |
| 6 |
Board of Directors. | Read |
| 7 |
Management | Read |
| 8 |
Delegation of powers. | Read |
| 9 |
Term of office and other terms and conditions of service of Chairperson and other directors of Board. | Read |
| 10 |
Disqualification and removal of directors from office. | Read |
| 11 |
Removal of Chairperson and other directors in certain cases. | Read |
| 12 |
Vacation and resignation of office by directors. | Read |
| 13 |
Meetings of Board. | Read |
| 14 |
Defects in appointment not to invalidate acts, etc. | Read |
| 15 |
Committees of Board. | Read |
| 16 |
Disclosure of interest by members of Board or of committees. | Read |
| 17 |
Functions and powers of Institution. | Read |
| 18 |
Prohibited business. | Read |
| 19 |
Related party transactions. | Read |
| 20 |
Performance review of Institution. | Read |
| 21 |
Grants and contribution. | Read |
| 22 |
Concessional rate of Government guarantee. | Read |
| 23 |
Hedging costs. | Read |
| 24 |
Disposal of profit accruing to Institution, to reserve fund. | Read |
| 25 |
Preparation of balance sheet and accounts. | Read |
| 26 |
Audit. | Read |
| 27 |
Returns and report. | Read |
| 28 |
Receivables to be held in trust. | Read |
| 29 |
Setting up of other development financial institution. | Read |
| 30 |
Officers and employees. | Read |
| 31 |
Powers of Central Government to make rules. | Read |
| 32 |
Powers of Board to make regulations. | Read |
| 33 |
Rules and regulations to be laid before Parliament. | Read |
| 34 |
Protection of action taken in good faith. | Read |
| 35 |
Sanction for enquiry, inquiry, investigation and prosecution. | Read |
| 36 |
Appointment of directors by Institution to prevail. | Read |
| 37 |
Validity of loan or advance not to be questioned. | Read |
| 38 |
Obligations as to fidelity and secrecy. | Read |
| 39 |
Adjudication. | Read |
| 40 |
Indemnity of directors. | Read |
| 41 |
Bankers’ Books of Evidence Act, 1891 to apply in relation to the Institution. | Read |
| 42 |
Section 34A and 36AD of the Banking Regulation Act, 1949 to apply to Institution. | Read |
| 43 |
Liquidation of Institutions. | Read |
| 44 |
Powers of Central Government to issue directions. | Read |
| 45 |
Overriding effect of this Act. | Read |
| 46 |
Power to remove difficulties. | Read |
| 47 |
Amendment of Act 2 of 1934. | Read |
| 48 |
Amendment of Act 10 of 1949. | Read |
