Section 54

Power to remove difficulties.

The Small Industries Development Bank of India Act, 1989

  • Act 39 of 1989
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to establish the Small Industries Development Bank of India as the principal financial institution for the promotion, financing and development of industry in the small-scale sector and to co-ordinate the functions of the institutions engaged in the promotion, financing or developing industry in the small-scale sector and for matters connected therewith or incidental thereto.

All sections
    If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, in consultation with the Development Bank, by order, do anything, not inconsistent with such provisions, for the purpose of removing the difficulty:
     Provided that no such order shall be made after the expiration of three years from the date on which this Act receives the assent of the President.

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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