(1) Nothing in the [Companies Act, 1956 (1 of 1956)] shall apply to the Bank and the Bank shall not be placed in liquidation save by order of the [Central Government] and in such manner as [it may direct].
* * * * *
Section 57: Liquidation of the Bank.
The Reserve Bank of India Act, 1934Central Act · Act 2 of 1934
Where this provision sits
| Act | The Reserve Bank of India Act, 1934 |
|---|---|
| Section | 57 |
| Marginal note | Liquidation of the Bank. |
| 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 19 of 1957. . Subs. by Act 19 of 1957, s. 5, for "Indian Companies Act, 1913 (7 of 1913)" (w.e.f. 8-6-1957).
- substituted. . Subs. by the M.O. 1937, for "G.G. in C.".
- substituted. . Subs. by ibid., for "he may direct".
- omitted, Act 62 of 1948. . Sub-section (2) omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949).
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