[27. Advances From General Fund to the Deposit Insurance Fund or Credit Guarantee Fund.--If, at any time, the amount available in the Deposit Insurance Fund or the Credit Guarantee Fund is insufficient to meet the requirements of that Fund, the Corporation may transfer, on such terms and for such period as may be determined by the Board with the approval of the Reserve Bank, from any of the other two Funds, referred to in section 22, such amount as may be necessary to meet the requirements of the Deposit Insurance Fund or the Credit Guarantee Fund, as the case may be.]
Section 27: Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund.
The Deposit Insurance and Credit Guarantee Corporation Act, 1961Central Act · Act 47 of 1961
Where this provision sits
| Act | The Deposit Insurance and Credit Guarantee Corporation Act, 1961 |
|---|---|
| Section | 27 |
| Marginal note | Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund. |
| 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. . Subs. by s. 8, ibid., for section 27 (w.e.f. 15-7-1978).
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.