(1) Notwithstanding any judgment, decree or order of any court or tribunal —
(a) any action taken, or purported to have been taken, or anything done, or purported to have been donp. between the 19th day of July. 1969. and the 10th day of Febmary. 1970, by any corresponding new bank purported to have been constituted under the Banking Companies (Acquisition nnd Transfer of Undertakings) 46 of 1949.
47 of 1961.
60 of 1968.
Savings, 142 THE GAZETTE OF INDIA EXTRAORDINARY [PAHT II Ordinance, 1969, or the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969, or by any person purporting to act on behalf of such bank and any right, obligation or liability acquired or incurred, between the said dates, by or on behalf of such corresponding new bank shall be deemed to have been taken, done, acquired or incurred under the provisions of this Ordinance by or on behalf of the corresponding new bank constituted thereunder;
(b) any action taken, or purported to have been taken, or anything done, or purported to have been done, between the 10th day of February, 1970, and the appointed day, by an existing bank or by any person acting on behalf of such bank, and any right, obligation or liability acquired or incurred, between the said dates, by or on behalf of such existing bank shall be deemed to have been taken, done, acquired or incurred under the provisions of this Ordinance by or on behalf of the corresponding new bank constituted thereunder.
(2) Any suit, appeal or other proceeding of whatever nature instituted on or after the 19th day of July, 1969, by or a&ainst a corresponding new bank purported to have been constituted by the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969, or the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969, shall not abate, be discontinued, or be, in any w)ay, prejudicially affected by reason of the expiry of the said Ordinance or the invalidation of the said Act, as the case may be, but such suit, appeal or other proceeding may be continued, prosecuted and enforced by or against the corresponding new bank as if such suit, appeal or other proceeding had been instituted by or against the corresponding new bank constituted under this Ordinance. ' ~ ""'' THE FIRST SCHEDULE (See sections 2, 3 and 4) Existing bank Column 1 The Central Bank of India Limited The Bank of India Limited The Punjab National Bank Limited The Bank of Baroda Limited The United Commercial Bank Limited Canara Bank Limited • • • United Bank of India Limited Dena Bank'Limlted*1 • • Syndicate BankLimited The Union Bank of India Limited Allahabad Bank Limited • • The Indian Bank Limited The Bank of Maharashtra Limited • The Indian Overseas Bank Limited Corresponding new bank Column 2 • Central Bank of India.
• Bank of India.
• Punjab National Bank.
• Bank of Baroda.
• United Commercial Bank.
• Canara Bank.
• United Bank of India."
• Dena Bank-*1 • Syndicate Bank.
• Union Bank of Indte.
• Allahabad Bank.
• Indian Bank.
• Bank of Maharashtra.
' Indian Overseas Bonk.
22 of 1969.
22 of 1969.
SEC. 1] THE GAZETTE OF INDLA. EXTRAORDINARY ±4§ THE SECOND SCHEDULE (See section 6) Name of existing bank The Central Bank of India Limited The Bank of India Limited The Punjab National Bank Limited 1 he iJanK oi iJaroda .Limited • The United Commercial Bank Limited Canara Bank Limited United Bank oi India Limited • Dena Bank Limited * • • * Syndicate Bank Limited The Union Bank of India Limited Allahabad Bank Limited The Indian Bank Limited The Bank of Maharashtra Limited The Indian Overseas Bank Limited Amount of compensation (in lakhs of rupees^ 1750 1470 1020 • » • • Q i A • * * 040 830 360 • • • • 420 . • . . -lAn3 0 0 • • • * 36O 310 3 1 0 • • • • 230 23O 25O THE THIRD SCHEDULE [See sub-sections (2) and (3) of section 13] DECLARATION OF FIDELITY AND SECRECY I, do hereby declare that I will faithfully, truly and to the best of my skill and ability execute and perform the duties required of me as Custodian, Director, member of Local Board, member of Local Committee, auditor, adviser, officer or other employee (as the case may be) of the* and which properly relate to the office or position in the said* held by me.
I further declare that I will not communicate or allow to be communicated to any person not legally entitled thereto any Information relating to the affairs of the* or to the affairs of ,any person having any dealing with the* ; nor will I allow any such person to inspect or have access to any books or documents belonging to or in the possession of the* and relating to the business of the* or to the business of any person having any dealing with the* *Name of corresponding new bank to be Ailed in.
V. V. Glffl, President.
N. D. P. NAMBOODIRIPAT>, Joint Secy, to the Govt. of India.
PRINTED BY THE GENERAL MANAGER, GOVERNMENT OF INDIA PRESS, MINTO ROAD, tJKW DELHI AND PUBLISHED BY THE MANAGER OF PUBLICATIONS, DELHI, 1970