Banking Regulation Act
Banking Regulation Act
III · Section 45V

References to directors, etc., shall be construed as including references to past directors, etc

Synced on 07 Jul 2026Text as per India Code

For the removal of doubts it is hereby declared that any reference in this Part to a director, manager, liquidator, officer or auditor of a banking company shall be construed as including a reference to any past or present director, manager, liquidator, officer or auditor of the banking company.

Judgments on Section 45V