Amendment status not verified — confirm the current text below against the official source.
No banking company shall create any charge upon any unpaid capital of the company, and any such charge shall be invalid.
Bare Acts › The Banking Regulation Act, 1949
Prohibition of charge on unpaid capital.
Amendment status not verified — confirm the current text below against the official source.
No banking company shall create any charge upon any unpaid capital of the company, and any such charge shall be invalid.