The Payment and Settlement Systems Act
36Protection of action taken in good faith
No suit or other legal proceedings shall lie against the Central Government, the Reserve Bank, or any officer thereof for any 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, any regulations, order or direction made or given thereunder.
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MISCELLANEOUS
- 32 Act to have overriding effect
- 33 Mode of recovery of penalty
- 34 Act not to apply to stock exchanges or clearing corporations of stock exchanges
- 34A Act to apply to designated trade repository and issuer
- 35 Certain persons deemed to be public servants
- 36 Protection of action taken in good faith
- 37 Power to remove difficulties
- 38 Power of Reserve Bank to make regulations