Central · Act 10 of 1949

Section 45ZF — Notice of claims of other persons regarding safety lockers not receivable.

The Banking Regulation Act, 1949

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1[45ZF. Notice of claims of other persons regarding safety lockers not receivable.--No notice of the claim of any person, other than hirer or hirers of a locker, shall be receivable by a banking company nor shall the banking company be bound by any such notice even though expressly given to it:
Provided that where any decree, order, certificate or other authority from a court of competent jurisdiction relating to the locker or its contents is produced before the banking company, the banking company shall take due note of such decree, order, certificate or other authority.]

Source footnotes

1. Ins. by Act 1 of 1984, s. 37 (w.e.f. 29-3-1985).

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Next · Section 45ZGPriority of successive nominations. →All sections / सभी धाराएँThe Banking Regulation Act, 1949 →
More sections of this actSection 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".
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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.

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Section 45ZF — Notice of claims of other persons regarding safety lockers not receivable. | The Banking Regulation Act, 1949 | NYAYA SIGNAL

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