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Section 47: Small Industries Bank's lien on shares

Small Industries Development Bank of India (General) Regulations, 2000Central Regulations · 1989

The Small Industries bank, in the case of partly paid up shares, shall have a first and paramount lien for all moneys called or payable at a fixed time in respect of such shares. Any such lien shall extend to all dividends from time to time declared in respect of such shares.

Where this provision sits

ActSmall Industries Development Bank of India (General) Regulations, 2000
Section47
Marginal noteSmall Industries Bank's lien on shares
JurisdictionCentral
StatusIn force as published by the source

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