47Cognizance of offences
No Court shall take cognizance of any offence punishable under 1[sub-section (5) of section 36AA or] section 46 except upon complaint in writing made by an officer of 2[the Reserve Bank or, as the case may be, the National Bank] generally or specially authorized in writing in this behalf by 3[the Reserve Bank or, as the case may be, the National Bank], and 3[no court other than that of a Metropolitan Magistrate or a Judicial Magistrate of the first class or any court superior thereto] shall try any such offence.
Download our fully-offline, High speed android app.- Click here
1. Ins. by Act 55 of 1963, s. 26 (w.e.f. 1-2-1964).
2. Subs. by Act 61 of 1981, s. 61 and Sch. II, for "the Reserve Bank" (w.e.f. 12-7-1984).
3. Subs. by Act 1 of 1984 s. 39, for certain words (w.e.f. 15-2-1984).
- 46 Penaltie
- 46A Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code
- 47 Cognizance of offences
- 47A Power of Reserve Bank to impose penalt
- 48 Application of fines
- 49 Special provisions for private banking companies
- 49A Restriction on acceptance of deposits withdrawable by cheque
- 49B Change of name by a banking company
- 49C Alteration of memorandum of a banking company
- 50 Certain claims for compensation barre
- 51 Application of certain provisions to the State Bank of India and other notified banks
- 52 Power of Central Government to make rules
- 53 Power to exempt in certain cases
- 54 Protection of action taken under Act
- 55 Amendment of Act 2 of 1934
- 55A Power to remove difficultie