[41A. Protection of action taken by persons appointed under section 27 or section 32A.-- No suit, prosecution or other legal proceeding shall lie against any person appointed as director, administrator, managing agent or manager by the Financial Corporation in pursuance of Section 27 or section 32A for anything which is in good faith done or intended to be done by him as such director, administrator, managing agent or manager.]
Section 41A: Protection of action taken by persons appointed under section 27 or section 32A.
The State Financial Corporations Act, 1951Central Act · Act 63 of 1951
Where this provision sits
| Act | The State Financial Corporations Act, 1951 |
|---|---|
| Section | 41A |
| Marginal note | Protection of action taken by persons appointed under section 27 or section 32A. |
| 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, Act 6 of 1962. . Ins. by Act 6 of 1962, s. 21 (w.e.f. 16-4-1962).
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