NYAYA SIGNAL
Telangana · 1350 · Section 3

Section 3 — Establishment of the Bank.

The Hyderabad State Bank Act, 1350 Fasli.

(1) *The Hyderabad State Bank shall be established. 1[XXX]

(2) The Bank shall be a body corporate having a common seal and it shall have the power to institute and defend suits and other legal proceedings and to discharge all such duties as may be necessary for its purposes.

2[4 to 28 [XXX]]

Source notes

*. Since changed as the State Bank of Hyderabad by 79 of 1956 and presently known as State Bank of India.

1. The words "for the purposes of this Act and for carrying on business in accordance with the provisions of this Act" were omitted by Central Act 79 of 1956.

2. Sections 4 to 28 were omitted by Central Act 79 of 1956.