The Export-Import Bank of India Act, 1981
Central Act · Act 28 of 198139 provisions
The enactment
| Long title | An Act to establish a corporation to be known as the Export-Import Bank of India for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the country s international trade and for matters connected therewith or incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 28 of 1981 |
| Year | 1981 |
| Jurisdiction | Central |
| Ministry | Ministry of Finance |
| Status | In force as published by the source |
| Provisions published | 39 |
| Subjects | financial, transport |
Full text, provision by provision
Every provision below opens in full, free and without an account.
- Section 1 Short title, extent and commencement.
- Section 2 Definitions.
- Section 3 Establishment and incorporation of Export-Import Bank of India.
- Section 4 Authorised capital.
- Section 5 Management.
- Section 6 Constitution of Board.
- Section 7 Committees.
- Section 8 Fees and allowances of directors and members of Committees.
- Section 9 Disqualifications.
- Section 10 Business of Exim Bank.
- Section 11 Loans by Central Government.
- Section 12 Borrowings and acceptance of deposits by Exim Bank.
- Section 13 Loans in foreign currency.
- Section 14 Grants, donations, etc., to Exim Bank.
- Section 15 Export Development Fund.
- Section 16 Credits to Export Development Fund.
- Section 17 Utilisation of Export Development Fund.
- Section 18 Debits to Export Development Fund.
- Section 19 Accounts and audit of Export Development Fund.
- Section 20 Liquidation of Export Development Fund.
- Section 21 General Fund.
- Section 22 Preparation of accounts and balance-sheet.
- Section 23 Disposal of Profits accruing to General Fund.
- Section 24 Audit.
- Section 25 Saving.
- Section 26 Transfer of part of business of Development Bank.
- Section 27 Staff of Exim Bank.
- Section 28 Delegation of powers.
- Section 29 Returns.
- Section 30 Obligation as to fidelity and secrecy.
- Section 31 Defects in appointments not to invalidate acts, etc.
- Section 32 Arrangement with Exim Bank on appointment of directors to prevail.
- Section 33 Indemnity of directors
- Section 34 Protection of action taken in good faith.
- Section 35 Act 18 of 1891 to apply in relation to Exim Bank.
- Section 36 Section 34A and section 36AD only of Act 10 of 1949 to apply to Exim Bank.
- Section 38 Liquidation of Exim Bank.
- Section 39 Power to make regulations.
- Section 41 Power to remove difficulty.
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 Export-Import Bank of India Act, 1981 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.