Section 36AI of The Banking Regulation Act, 1949 View Chapter 2C

Tribunal to have powers of a civil court.


   1[36AI.  Tribunal to have powers of a civil court.-- (1)  The Tribunal shall have the powers of a civil court, while trying a suit, under the Code of Civil Procedure, 1908 (5 of 1908), in respect of the following matters, namely:--

       (a)  summoning and enforcing the attendance of any person and examining him on oath;

       (b)  requiring the discovery and production of documents;

       (c)  receiving evidence on affidavits;

       (d)  issuing commissions for the examination of witnesses or documents.

   (2)  Notwithstanding anything contained in sub-section (1), or in any other law for the time being in force, the Tribunal shall not compel the Central Government or the Reserve Bank,--

       (a)  to produce any books of account or other documents which the Central Government, or the Reserve Bank, claims to be of a confidential nature;

       (b)  to make any such books or documents part of the record of the proceedings before the Tribunal; or

       (c)  to give inspection of any such books or documents to any party before it or to any other person.]

1Ins. by Act 58 of 1968, s. 15 (w.e.f. 1-2-1969)