Section 34
Protection of action taken in good faith.
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.
No suit or other legal proceeding shall lie against the
Exim Bank or any director or any officer or other employee of the Exim Bank or any other person
authorised by the Exim Bank to discharge any functions under this Act for any loss or damage caused or
likely to be caused by anything which is in good faith done or intended to be done in pursuance of this
Act or any other law or provision having the force of law.