Act Number: 10

Act Name: The Banking Regulation Act, 1949

Year: 1949

Enactment Date: 1949-03-10

Long Title: An Act to consolidate and amend the law relating to banking.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 36AC: Part IIA to override other laws.
    1[36AC. Part IIA to override other laws.--Any appointment or removal of a director, chief executive officer or other officer or employee in pursuance of section 36AA or section 36AB shall have effect notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or any other law for the time being in force or in any contract or any other instrument.]
Notes:
1. Ins. by Act 55 of 1963, s. 18 (w.e.f. 1-2-1964).
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