We heard you! Soon we are bringing you the biggest update yet with Updated & New acts, all Central and State acts, the Constitution of India, and a dedicated Mobile App! 🚀
1[25A. Power to acquire rights.--The Financial Corporation shall have the right to acquire, by
transfer or assignment, the rights and interests of any such financial institution as may be notified by the
Central Government (including any other rights incidental thereto) in relation to any loan or advance
granted or any amount recoverable by such institution, either in whole or in part, by the execution or issue
of any instrument or by the transfer of any instrument by endorsement or in any other manner:
Provided that such loan or advance or amount relates to any business which the Financial Corporation
may transact under this Act.]
Download our fully-offline, High speed android app.- Click here
1. Ins. by Act 43 of 1985, s. 16 (w.e.f. 21-8-1985).