Section - 45ZF - Reserve Bank of India Act, 1934

Section - 45ZF - Vacancies, etc., not to invalidate proceedings of Monetary Policy Committee

[Vacancies, etc., not to invalidate proceedings of Monetary Policy Committee.

45ZF. No act or proceeding of the Monetary Policy Committee shall be invalid merely by reason of-

(a)	-	any vacancy in, or any defect in the constitution of the Monetary Policy Committee; or
(b)	-	any defect in the appointment of a person acting as a Member of the Monetary Policy Committee; or
(c)	-	any irregularity in the procedure of the Monetary Policy Committee not affecting the merits of the case.]