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Banking Regulation Act,1949

Act No : 10


Section : Change of name by a banking company.

49B. Change of name by a banking company.- Notwithstanding anything contained in section 21 of the Companies Act, 1956 (1 of 1956), the Central Government shall not signify its approval to the change of name of any banking company unless the Reserve Bank certifies in writing that it has no objection to such change. ---------------------------------------------------------------------- 1. Subs. by Act 33 of 1959, s. 34, for certain words (w.e.f. 1-10- 1959). 2. Subs. by Act 55 of 1963, s. 27, for "384" (w.e.f. 1-2-1964). 3. Ins. by Act 33 of 1959, s. 35 (w.e.f. 1-10-1959). 4. Subs. by Act 55 of 1963, s. 28, for certain words (w.e.f. 1-2- 1964). 88W


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