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1[49C. Alteration of memorandum of a banking company.--Notwithstanding anything contained
in the Companies Act, 1956 (1 of 1956), no application for the confirmation of the alteration of the
memorandum of a banking company shall be maintainable unless the Reserve Bank certifies that there
is no objection to such alteration.]
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1. Ins. by Act 33 of 1959, s. 35 (w.e.f. 1-10-1959).