1[45W. Part II not to apply to banking companies being wound up.--Nothing contained in Part II shall apply to a banking company which is being wound up.]
Source footnotes
1. Subs. by Act 52 of 1953, s. 10, for Part IIIA (w.e.f. 30-12-1953).आगे पढ़ें / Continue reading
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Next · Section 45XValidation of certain proceedings. →All sections / सभी धाराएँThe Banking Regulation Act, 1949 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Application of other laws not barred.Section 3 · Act not to apply to certain co-operative societies.Section 4 · Power to suspend operation of Act.Section 5 · Interpretation.Section 5A · Act to override memorandum, articles, etc.Section 6 · Form of business in which banking companies may engage.Section 7 · Use of words "bank", "banker", "banking" or "banking company".India Code, Government of India. Text fetched 15 Oct 2026. Source metadata reports last modification: 2026-01-06. Check the linked official text and subsequent notifications when applying a provision.