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Section 36AI: Tribunal to have powers of a civil court.

The Banking Regulation Act, 1949Central Act · Act 10 of 1949

[36AI. Tribunal to have powers of a civil court.-- (1) The Tribunal shall have the powers of a civil court, while trying a suit, under the Code of Civil Procedure, 1908 (5 of 1908), in respect of the following matters, namely:--

(a) summoning and enforcing the attendance of any person and examining him on oath;

(b) requiring the discovery and production of documents;

(c) receiving evidence on affidavits;

(d) issuing commissions for the examination of witnesses or documents.

(2) Notwithstanding anything contained in sub-section (1), or in any other law for the time being in force, the Tribunal shall not compel the Central Government or the Reserve Bank,--

(a) to produce any books of account or other documents which the Central Government, or the Reserve Bank, claims to be of a confidential nature;

(b) to make any such books or documents part of the record of the proceedings before the Tribunal; or

(c) to give inspection of any such books or documents to any party before it or to any other person.]

Where this provision sits

ActThe Banking Regulation Act, 1949
Section36AI
Marginal noteTribunal to have powers of a civil court.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 58 of 1968. . Ins. by Act 58 of 1968, s. 15 (w.e.f. 1-2-1969)

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