Hello Folks,
Can anyone give a list of section of Companies act 1956 applicable on banks?
Thanks in advance
Ca.Pratik kheria
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Company law section applicable for banks
Replies (1)
Please note your req:
Arranged as Section & Title
206. Dividend not to be paid except to registered share-holders or to their order or to their bankers
251. Saving for legal advisers and bankers
571. Notice to customers on registration of banking company with limited liability
616. Application of Act to insurance, banking, electricity supply and other companies governed by special Acts
2(5) . "banking company" has the same meaning as in the Banking Companies Act, 1949 (10 of 1949)
4A. Public financial Institution
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