LawgistThe Banking Regulation Act
36ACPart 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.]
Download our fully-offline, High speed android app.- Click here
1. Ins. by Act 55 of 1963, s. 18 (w.e.f. 1-2-1964).
