Neither a judgement nor a decree in favour of the Small Industries Bank for calls or other moneys due in respect of any shares nor any payment or satisfaction thereunder nor the receipt by the Small Industries Bank of a portion of any money which shall be due from any shareholder from time to time in respect of any shares either by way of principal or interest nor any indulgence granted by the Small Industries Bank in respect of payment of any money shall preclude the forfeiture of such shares under these regulations.
Section 45: Partial payment not to preclude forfeiture
Small Industries Development Bank of India (General) Regulations, 2000Central Regulations · 1989
Where this provision sits
| Act | Small Industries Development Bank of India (General) Regulations, 2000 |
|---|---|
| Section | 45 |
| Marginal note | Partial payment not to preclude forfeiture |
| Jurisdiction | Central |
| Status | In force as published by the source |
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