LawgistThe Banking Regulation Act
49CAlteration of memorandum of a banking company
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).
MISCELLANEOUS
- 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
