Indian Bare Acts

THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006

Title : THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006

Year : 2006



In section 26 of the State Bank of India (Subsidiary Banks) Act, 1959,-

(a) In sub-section (2), the words "and thereafter until his successor is duly elected" shall be omitted;

(b) In sub-section (2A), for the words "and thereafter until his successor shall have been duly nominated or appointed", the words "and thereafter until his successor shall have been duly appointed" shall be substituted.
Last updated on July, 2016

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