No person shall have any right, whether in contract or otherwise, to any compensation for any loss incurred by reason of the operation of any of the provisions [contained in sections 10, 12A, 16, 35A, 35B, [36, 43A and 45] or by reason of the compliance by a banking company with any order or direction given to it under this Act].
Section 50: Certain claims for compensation barred
The Banking Regulation Act, 1949Central Act · Act 10 of 1949
Where this provision sits
| Act | The Banking Regulation Act, 1949 |
|---|---|
| Section | 50 |
| Marginal note | Certain claims for compensation barred |
| Jurisdiction | Central |
| Status | In 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.
- substituted, Act 95 of 1956. . Subs. by Act 95 of 1956, s. 12, for certain words (w.e.f. 14-1-1957).
- substituted, Act 37 of 1960. . Subs. by Act 37 of 1960, s. 8, for "and 36" (w.e.f. 19-9-1960)
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