Banking Regulation Act
Banking Regulation Act
III · Section 39A

Application of Companies Act to liquidators

Synced on 07 Jul 2026Text as per India Code

(1) All the provisions of the Companies Act, 1956 (1 of 1956), relating to a liquidator, in so far as they are not inconsistent with this Act, shall apply to or in relation to a liquidator appointed under section 38A or section 39.

Act 95 of 1956, s. 14 and Sch.; Act 33 of 1959, s. 27 and Act 37 of 1960, s. 2 to read as above.

(2) Any reference to the “official liquidator” in this Part and Part IIIA shall be construed as including a reference to any liquidator of a banking company.]

Judgments on Section 39A