[55. No proceeding to lie in India against Imperial Bank after appointed day.-- On and from the appointed day, no person shall make any claim or demand or take any proceeding in India against the Imperial Bank or a director, officer or other employee thereof in his capacity as such director, officer or employee except in so far as may be necessary for enforcing the provisions of this Act or except in so far as it relates to any offence committed by any such director, officer or employee.]
Section 55: No proceeding to lie in India against Imperial Bank after appointed day.
The State Bank of India Act, 1955Central Act · Act 23 of 1955
Where this provision sits
| Act | The State Bank of India Act, 1955 |
|---|---|
| Section | 55 |
| Marginal note | No proceeding to lie in India against Imperial Bank after appointed day. |
| 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. . Ins. by s. 6, ibid. (w.e.f. 1-4-1957).
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