Lawgist42Small Industries Bank to have access to records
(1) The Small Industries Bank shall have free access to all such records of any institution which seeks to avail of any credit facilities from the Small Industries Bank and to all such records of any such person who seeks to avail of any credit facilities from such institution, perusal whereof may appear to the Small Industries Bank to be necessary in connection with the providing of finance or other assistance to such institution or the refinancing of any loan or advance made to such person by the borrowing institution.
(2) The Small Industries Bank may require any institution or person referred to in sub-section (1) to furnish to it copies of any of the records referred to in that sub-section and the institution or the person, as the case may be, shall be bound to comply with such requisition.
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- 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- 53 [Repealed]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
