Bare ActsThe Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970

Section 14

Custodian to be public servant

Amendment status not verified — confirm the current text below against the official source.

Every Custodian of a corresponding new bank shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).

Section 14 – The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 | DailyLaw.ai