Bare ActsThe Small Industries Development Bank of India Act, 1989

Section 51

Liquidation of Small Industries Bank.

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

No provision of law relating to the winding up of companies or corporations shall apply to the Small Industries Bank and that Bank shall not be placed in liquidation save by order of the Central Government and in such manner as it may direct.

Section 51 – The Small Industries Development Bank of India Act, 1989 | DailyLaw.ai