Bare ActsThe Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980

Section 17

Construction of references to existing banks.

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

Any reference to any existing bank in any law, other than this Act, or in any contract or other instrument shall, in so far as it relates to the undertaking which has been transferred by section 4, be construed as a reference to the corresponding new bank.

Amended up to 2019-04-15View on India Code →
Section 17 – The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 | DailyLaw.ai