Section 56
Continuance of special provisions respecting recovery of loans and advances made by the Bank of Patiala. Repealed
The State Bank of India (Subsidiary Banks) Act, 1959
About this Act
An Act to provide for the formation of certain Government or Government associated banks as subsidiaries of the State Bank of India and for the constitution, management and control of the subsidiary banks so formed, and for matters connected therewith, or incidental thereto.
56. Continuance of special provisions respecting recovery of loans and advances made by
the Bank of Patiala 1***.--The State Bank of Patiala 2*** shall be entitled to recover in the same
manner as an arrear of land revenue any moneys due in respect of loans or advances made before the
appointed day by the Bank of Patiala 3*** and the provisions of any law, relating to such recovery as were applicable to that bank before the appointed day shall continue to apply to the State Bank of
Patiala 4*** in respect of such recovery after the appointed day.
Notes
1. The words "and the State Bank of Saurashtra" omitted by Act 48 of 2009, s. 10 (w.e.f. 1-6-2010).
2. The words "and the Saurashtra Bank" omitted by s. 10, ibid. (w.e.f. 1-6-2010).
3. The words "or the Saurashtra Bank, as the case may be," omitted by s. 10, ibid. (w.e.f. 1-6-2010).
4. The words "or the Saurashtra Bank, as the case may be," omitted by Act 48 of 2009, s. 10 (w.e.f. 1-6-2010).
2. The words "and the Saurashtra Bank" omitted by s. 10, ibid. (w.e.f. 1-6-2010).
3. The words "or the Saurashtra Bank, as the case may be," omitted by s. 10, ibid. (w.e.f. 1-6-2010).
4. The words "or the Saurashtra Bank, as the case may be," omitted by Act 48 of 2009, s. 10 (w.e.f. 1-6-2010).