Section 45
Bar to liquidation of State Bank.
The State Bank of India Act, 1955
About this Act
An Act to constitute a State Bank for India, to transfer to it the undertaking of the Imperial Bank of India and to provide for other matters connected therewith or incidental thereto.
No provision of law relating to the winding up of companies
shall apply to the State Bank, and the State Bank shall not be placed in liquidation save by order of the
Central Government and in such manner as it may direct.