Acts, Chapters, and Sections


An Act to provide for the registration of Trade Unions and in certain respects to define the law relating to registered Trade Unions.
View the Act
An Act to consolidate and amend the law relating to banking.
View the Act
Chapter 2 - Business Of Banking Companies
6 - Form of business in which banking companies may engage.
7 - Use of words "bank", "banker", "banking" or "banking company".
8 - Prohibition of trading.
9 - Disposal of non-banking assets.
10 - Prohibition of employment of managing agents and restrictions on certain forms of employment.
10A - Board of directors to include persons with professional or other experience.
10B - Banking company to be managed by whole time chairman.
10BB - Power of Reserve Bank to appoint chairman of the Board of directors appointed on a whole-time basis or a managing director of a banking company.
10C - Chairman and certain directors not to be required to hold qualification shares.
10D - Provisions of sections 10A and 10B to override all other laws, contracts, etc.
11 - Requirement as to minimum paid-up capital and reserves.
12 - Regulation of paid-up capital, subscribed capital and authorised capital and voting rights of shareholders.
12A - Election of new directors.
12B - Regulation of acquisition of shares or voting rights.
13 - Restriction on commission, brokerage, discount, etc., on sale of shares.
14 - Prohibition of charge on unpaid capital.
14A - Prohibition of floating charge on assets.
15 - Restrictions as to payment of dividend.
16 - Prohibition of common directors.
17 - Reserve Fund.
18 - Cash reserve.
19 - Restriction on nature of subsidiary companies.
20 - Restrictions on loans and advances.
20A - Restrictions on power to remit debts.
21 - Power of Reserve Bank to control advances by banking companies.
21A - Rates of interest charged by banking companies not to be subject to scrutiny by courts.
22 - Licensing of banking companies.
23 - Restrictions on opening of new, and transfer of existing, places of business.
24 - Maintenance of a percentage of assets.
25 - Assets in India.
26 - Return of unclaimed deposits.
26A - Establishment of Depositor Education and Awareness Fund.
27 - Monthly returns and power to call for other returns and information.
28 - Power to publish information.
29 - Accounts and balance-sheet.
29A - Power in respect of associate enterprises.
30 - Audit.
31 - Submission of returns.
32 - Copies of balance-sheets and accounts to be sent to registrar.
33 - Display of audited balance-sheet by companies incorporated outside India.
34 - Accounting provision of this Act not retrospective.
34A - Production of documents of confidential nature.
35 - Inspection.
35A - Power of the Reserve Bank to give directions.
35AA - Power of the Central Government to authorize Reserve Bank for issuing directions to banking companies to initiate insolvency resolution process.
35AB - Power of Reserve Bank to issue directions in respect of stressed assets.
35B - Amendments of provisions relating to appointments of managing directors, etc., to be subject to previous approval of the Reserve Bank.
36 - Further powers and functions of Reserve Bank.
36A - Certain provisions of the Act not to apply to certain banking companies.
View the Chapter
Chapter 2AB - Supersession Of Board Of Directors Of Banking Company
Chapter 2B - Prohibition Of Certain Activities In Relation To Banking Companies
Chapter 3A - Special Provisions For Speedy Disposal Of Winding Up Proceedings
45A - Part IIIA to override other laws.
45B - Power of High Court to decide all claims in respect of banking companies.
45C - Transfer of pending proceedings.
45D - Settlement of list of debtors.
45E - Special provisions to make calls on contributories.
45F - Documents of banking company to be evidence.
45G - Public examination of directors and auditors.
45H - Special provisions for assessing damages against delinquent directors, etc
45-I - Duty of directors and officers of banking company to assist in the realisation of property.
45J - Special provisions for punishing offences in relation to banking companies being wound up.
45K - Omitted.
45L - Public examination of directors and auditors, etc., in respect of a banking company under schemes of arrangement
45M - Special provisions for banking companies working under schemes of arrangement at the commencement of the Amendment Act.
45N - Appeals.
45-O - Special period of limitation
45P - Reserve Bank to tender advice in winding up proceedings
45Q - Power to Inspect
45R - Power to call for returns and information
45S - Chief Presidency Magistrate and District Magistrate to assist official liquidator in taking charge of property of banking company being wound up.
45T - Enforcement of orders and decisions of High Court.
45U - Power of High Court to make rules.
45V - References to directors, etc., shall be construed as including references to past directors, etc.
45W - Part II not to apply to banking companies being wound up
45X - Validation of certain proceedings.
View the Chapter
Chapter 5 - Application Of The Act To Co-Operative Banks
An Act to prohibit benami transactions and the right to recover property held benami and for matters connected therewith or incidental thereto.
View the Act
An Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of plot, apartment or building, as the case may be, or sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy dispute redressal and also to establish the Appellate Tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority and the adjudicating officer and for matters connected therewith or incidental thereto.
View the Act
Chapter 4 - Rights And Duties Of Allottees
An Act to provide for the levy of wealth-tax.
View the Act
Chapter 4B - Charge Of Additional Wealth-Tax In Certain Cases
Chapter 6 - Appeals, Revisions And References
Chapter 7 - Payment And Recovery Of Wealth-Tax
Chapter 7A - Refunds
Chapter 7B - Registered Valuers
Chapter 8 - Miscellaneous