No suit or other legal proceeding shall lie against the Small Industries Bank, [chairman and managing director, the whole-time director] or any Director or any officer or other employee of such Bank or any other person authorised by that Bank to discharge any functions under this Act for any loss or damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of this Act or any other law or provision having the force of law.
Section 45: Protection of action taken under this Act.
The Small Industries Development Bank of India Act, 1989Central Act · Act 39 of 1989
Where this provision sits
| Act | The Small Industries Development Bank of India Act, 1989 |
|---|---|
| Section | 45 |
| Marginal note | Protection of action taken under this Act. |
| 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 7 of 2000. . Subs. by Act 7 of 2000, s. 23, for "chairman" (w.e.f. 27-3-2000).
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