LawgistThe Small Industries Development Bank of India Act
34Delegation of powers
The Board may, by general or special order, delegate to any Director or committee constituted under section 12 or to any officer or other employee of the Small Industries Bank, subject to such conditions and limitations, if any, as may be specified in the order, such of its powers and duties under this Act as it may deem necessary.
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MISCELLANEOUS
- 33 Staff of Small Industries Bank
- 34 Delegation of powers
- 35 Returns
- 36 Obligations as to fidelity and secrecy
- 37 Defects in appointment not to invalidate acts, etc
- 37A Amounts and securities to be held in trust
- 38 Rights of Small Industries Bank in case of default
- 39 Power to seek assistance of Chief Metropolitan Magistrate or District Magistrate
- 40 Power to call for repayment before agreed period
- 41 Special provisions for enforcement of claims by Small Industries Bank
- 42 Small Industries Bank to have access to records
- 43 Validity of loan or advance not to be questioned
- 44 Indemnity of Directors
- 45 Protection of action taken under this Act
- 46 Nomination by depositors or holders of bonds or other securities
- 47 Arrangement with Small Industries Bank on appointment of directors to prevail
- 48 Act 18 of 1891 to apply in relation to Small Industries Bank
- 49 Act 10 of 1949 not to apply to Small Industries Bank
- 50 [Omitted.]
- 51 Liquidation of Small Industries Bank
- 51A Power to make rules by Central Government
- 52 Power to make regulations
- 53 [Repealed]
- 54 Power to remove difficulties
