Section 49B:
Change of name by a banking company.
1[49B. Change of name by a banking company.--Notwithstanding anything contained in section
21 of the Companies Act, 1956 (1 of 1956), the Central Government shall not signify its approval to the
change of name of any banking company unless the Reserve Bank certifies in writing that it has no
objection to such change.]
Notes:
1. Ins. by Act 33 of 1959, s. 35 (w.e.f. 1-10-1959).