LawgistThe National Bank for Agriculture and Rural Development Act
53Protection of action taken under the Act
No suit or other legal proceeding shall lie against the National Bank or any director or any officer or other employee of the National Bank or any other person authorised by the National Bank to discharge any functions under this Act for any loss or damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of this Act or of any other law or provision having the force of law.
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MISCELLANEOUS
- 51 Obligation as to fidelity and secrecy
- 52 Defects in appointment not to invalidate acts, etc
- 52A Agreement with National Bank on appointment of directors to prevail
- 53 Protection of action taken under the Act
- 54 Indemnity of directors
- 55 [Omitted]
- 56 Penalties
- 57 Offences by companies
- 58 Bankers' Books Evidence Act, 1891, to apply in relation to National Bank
- 59 Liquidation of National Bank
- 60 Power of Board to make regulations
- 61 [Repealed.]
- 62 Power to remove difficulty
