Export-Import Bank of India Act, 1981
Bare Act · 1981
An Act to establish a corporation to be known as the Export-Import Bank of India for providing financial assistance to exporters and importers, and for functioning as the principal financial institution for co-ordinating the working of institutions engaged in financing export and import of goods and services with a view to promoting the countrys international trade and for matters connected therewith or incidental thereto.
- Act number
- 28 of 1981
- Enacted
- 11 September 1981
- Contents
- 41 sections · 10 chapters
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Contents
Chapter I — Preliminary
Chapter II — Establishment Of The Export-Import Bank Of India And Incorporation Thereof
- Section 3 – Establishment and incorporation of Export-Import Bank of India
- Section 4 – Authorised capital
Chapter III — Mangaement Of The Exim Bank
- Section 5 – Management
- Section 6 – Constitution of Board (preview)
- Section 7 – Committees (preview)
- Section 8 – Fees and allowances of directors and members of Committees (preview)
- Section 9 – Disqualifications (preview)
Chapter IV — Business Of The Exim Bank
- Section 10 – Business of Exim Bank (preview)
Chapter V — Resources Of The Exim Bank
- Section 11 – Loans by Central Government (preview)
- Section 12 – Borrowings and acceptance of deposits by Exim Bank (preview)
- Section 13 – Loans in foreign currency (preview)
- Section 14 – Grants, donations, etc., to Exim Bank (preview)
Chapter VI — Export Development Fund
- Section 15 – Export Development Fund (preview)
- Section 16 – Credits to Export Development Fund (preview)
- Section 17 – Utilisation of Export Development Fund (preview)
- Section 18 – Debits to Export Development Fund (preview)
- Section 19 – Accounts and audit of Export Development Fund (preview)
- Section 20 – Liquidation of Export Development Fund (preview)
Chapter VII — General Fund, Accounts And Audit
- Section 21 – General Fund (preview)
- Section 22 – Preparation of accounts and balance-sheet (preview)
- Section 23 – Disposal of Profits accruing to General Fund (preview)
- Section 24 – Audit (preview)
- Section 25 – Saving (preview)
Chapter VIII — Transfer Of Part Of Business Of Development Bank
Chapter IX — Miscellaneous
- Section 27 – Staff of Exim Bank (preview)
- Section 28 – Delegation of powers (preview)
- Section 29 – Returns (preview)
- Section 30 – Obligation as to fidelity and secrecy (preview)
- Section 31 – Defects in appointments not to invalidate acts, etc (preview)
- Section 32 – Arrangement with Exim Bank on appointment of directors to prevail (preview)
- Section 33 – Indemnity of directors (preview)
- Section 34 – Protection of action taken in good faith (preview)
- Section 35 – Act 18 of 1891 to apply in relation to Exim Bank (preview)
- Section 36 – Section 34A and section 36AD only of Act 10 of 1949 to apply to Exim Bank (preview)
- Section 37 – Omitted (preview)
- Section 39 – Power to make regulations (preview)
- Section 40 – REPEALED (preview)
- Section 41 – Power to remove difficulty (preview)
Sections
- Section 38 – Liquidation of Exim Bank (preview)