[23D. Liquidation of Regional Rural Banks.--Where a notification is issued for the amalgamation of Regional Rural Banks under sub-section (1) of section 23A, the Central Government may, by a further notification in the Official Gazette, direct that on such date, as may be specified therein, the transferor Regional Rural Banks, which by reason of amalgamation will cease to function, shall stand dissolved and such direction shall take effect notwithstanding anything to the contrary contained in section 26.]
Section 23D: Liquidation of Regional Rural Banks.
The Regional Rural Banks Act, 1976Central Act · Act 21 of 1976
Where this provision sits
| Act | The Regional Rural Banks Act, 1976 |
|---|---|
| Section | 23D |
| Marginal note | Liquidation of Regional Rural Banks. |
| 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.
- inserted, Act 1 of 1988. . Ins. by Act 1 of 1988, s. 13 (w.e.f. 28-9-1988).
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