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Section 35: Corporation to have access to records.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961Central Act · Act 47 of 1961

(1) The Corporation shall have free access to all such records of an insured bank [or a credit institution] perusal where of may appear to the Corporation to the necessary for the discharge of its functions under this Act.

(2) The Corporation may require any insured bank [or credit institution] to furnish to it copies of any of the records referred to in sub-section (1) and the bank [or the credit institution] shall be bound to comply with the requisition.

Where this provision sits

ActThe Deposit Insurance and Credit Guarantee Corporation Act, 1961
Section35
Marginal noteCorporation to have access to records.
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 21 of 1978. . Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).

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