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Section 46A of The Banking Regulation Act, 1949 View Chapter 4

Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code.


   1[46A.  Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code.-- 2[Every chairman who is appointed on a whole-time basis, managing director, director, auditor], liquidator, manager and any other employee of a banking company shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).]

1Ins. by Act 95 of 1956, s. 10 (w.e.f. 14-1-1957).

2Subs. by Act 20 of 1994, s. 9, for "Every chairman, director, auditor" (w.e.f. 31-1-1994).


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