Section 20
Liquidation of Export Development Fund.
The Export-Import Bank of India Act, 1981
About this Act
An Act to establish a corporation to be known as the Export-Import Bank of India for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country s international trade and for matters connected therewith or incidental thereto.
The Export Development Fund shall not be closed
or wound up save by order of the Central Government and in such manner as that Government may
direct.