[Amendment of certain enactment.]--Rep. by the Repealing and Amending Act, 1988 (19 of 1988), s. 2 and the First Schedule (w.e.f. 31-3-1988).
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Next · Section 21Repeal and saving. →All sections / सभी धाराएँThe Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 →
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Section 1 · Short title and commence.Section 2 · Definitions.Section 3 · Establishment of corresponding new banks and business thereof.Section 3A · Trust not to be entered on the register.Section 3B · Register of beneficial owners.Section 4 · Undertakings of existing banks to vest in corresponding new banks.Section 5 · General effect of vesting.Section 6 · Payment of amount.India Code, Government of India. Text fetched 15 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.