Section 46:
Dispute as to amount of premium.
Any dispute as to the amount of premium due from any
insured bank shall be decided by the Central Government and the decision of that Government shall final.
47/1961 - The Deposit Insurance and Credit Guarantee Corporation Act, 1961 ▶
Act Number: 47
Act Name: The Deposit Insurance and Credit Guarantee Corporation Act, 1961
Year: 1961
Enactment Date: 1961-12-07
Long Title: An Act to provide for the establishment of a corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other matters connected therewith or incidental thereto.
Ministry: Ministry of Finance
Department: Department of Financial Services