Section 43A
Protection of action taken in good faith.
The Reserve Bank of India Act, 1934
About this Act
An Act to Constitute a Reserve Bank of India.
1[43A. Protection of action taken in good faith.--(1) No suit or other legal proceeding shall lie
against the Bank or any of its officers for anything which is in good faith done or intended to be done in
pursuance of section 42 or section 43 2[or in pursuance of the provisions of Chapter IIIA].
(2) No suit or other legal proceeding shall lie against the Bank or any of its officers for any damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of section 42 or section 43 2[or in pursuance of the provisions of Chapter IIIA].]
(2) No suit or other legal proceeding shall lie against the Bank or any of its officers for any damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of section 42 or section 43 2[or in pursuance of the provisions of Chapter IIIA].]
Notes
1. Ins. by Act 54 of 1953, s. 7 (w.e.f. 30-12-1953).
2. Ins. by Act 35 of 1962, s. 5 (w.e.f. 15-9-1962).
2. Ins. by Act 35 of 1962, s. 5 (w.e.f. 15-9-1962).