Bare ActsThe Warehousing Corporations Act, 1962

Section 28

Deposit account.

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

All moneys belonging to a Warehousing Corporation shall be deposited in the Reserve Bank or the State Bank 1 [or any nationalised bank] or, subject to any rules made under this Act, in 2 [any other scheduled bank] or co-operative bank.

Section 28 – The Warehousing Corporations Act, 1962 | DailyLaw.ai