Part III — Suspension Of Business And Winding Up Of Banking Companies

Section 45 — Power of Reserve Bank to apply to Central Government for suspension of business by a banking company and to prepare scheme of reconstitution or amalgamation

Banking Regulation Act, 1949 · Preview

[45. Power of Reserve Bank to apply to Central Government for suspension of business by a banking company and to prepare scheme of reconstitution or amalgamation.-- (1) Notwithstanding anything…