CourtMesh

Section 3: For section 11 of the principfft Act, the following section shall be substituted, namely

The State Bank of India (Amendment) Ordinance, 1993.Ordinance · 1993

"11. No shareholder, oflier than the Keserve Bank, shall be entitled to exercise voting rights in reject of any snares held by him in excess of ten per cent of the, issued capital:

Provided that such sharehdt&er shall be entitled to exercise voting rights at such higher percentage as the Central Government may, after consultation with the Reserve Bank, specify.".

4. In section 12 of the principal Act, for the words and-figures "Banking Companies Act, 1949", the words and figures "Banking Regulation Act, 194&" shall be substituted.

Where this provision sits

ActThe State Bank of India (Amendment) Ordinance, 1993.
Section3
Marginal noteFor section 11 of the principfft Act, the following section shall be substituted, namely
StatusIn force as published by the source

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The State Bank of India (Amendment) Ordinance, 1993. is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.