Lawgist45HChapter IIIB not to apply in certain cases
1[45H. Chapter IIIB not to apply in certain cases.--The provisions of this Chapter shall not apply to the State Bank or a banking company as defined in section 5 of the 2[Banking Regulation Act, 1949 (10 of 1949)] or 3[a corresponding new bank as defined in clause (da) of section 5 of that Act or a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959 (38 of 1959)] or 4[a Regional Rural Bank or a co-operative bank] or a primary agricultural credit society or a primary credit society]:
Provided that for the purposes of this Chapter, the 5[Tamil Nadu Industrial Investment Corporation Limited] shall not be deemed to be a banking company.]
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1. Ins. by Act 55 of 1963, s. 5 (w.e.f. 1-2-1964).
2. Subs. by Act 51 of 1974, s. 3, for "Banking Companies Act, 1949" (w.e.f. 13-12-1974).
3. Subs. by Act 1 of 1984, s. 8, for "a banking institution notified under section 51 of that Act" (w.e.f. 15-2-1984).
4. Subs. by Act 21 of 1976, s. 33, for "a co-operative bank" (w.e.f. 26-9-1975).
5. Subs. by Act 51 of 1974, s. 16, for "Madras Industrial Investment Corporation Limited" (w.e.f. 13-12-1974).
- 45H Chapter IIIB not to apply in certain cases
- 45-I Definitions
- 45-IA Requirement of registration and net owned fund
- 45-IB Maintenance of percentage of assets
- 45-IC Reserve fund
- 45-ID Power of Bank to remove directors from office
- 45-IE Supersession of Board of directors of non-banking financial company (Other than Government Company)
- 45J Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money
- 45JA Power of Bank to determine policy and issue directions
- 45K Power of Bank to collect information from non - banking institutions as to deposits and to give directions
- 45L Power of Bank to call for information from financial institutions and to give directions
- 45M Duty of non-banking institutions to furnish statements, etc., required by Bank
- 45MA Powers and duties of auditors
- 45MAA Power to take action against auditors
- 45MB Power of Bank to prohibit acceptance of deposit and alienation of assets
- 45MBA Resolution of non-banking financial company
- 45MC Power of Bank to file winding up petition
- 45N Inspection
- 45NA Deposits not to be solicited by unauthorised person
- 45NAA Power in respect of group companies
- 45NB Disclosure of information
- 45NC Power of Bank to exempt
- 45-O Omitted.
- 45P [Omitted.]
- 45Q Chapter IIIB to override other laws
- 45QA Power of Company Law Board to offer repayment of deposit
- 45QB Nomination by depositors
