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Industrial Development Bank (Transfer of Undertaking and Repeal) Act,2003

Act No : 53


Section : Definitions.

2. Definitions.-In this Act, unless the context otherwise requires,-(a) "appointed day" means such date as the Central Government may, by notification, appoint under section 3; (b) "Company" means the Industrial Development Bank of India Limited to be formed and registered under the Companies Act, 1956 (1 of 1956);(c) "Development Bank" means the Industrial Development Bank of India established under sub-section (1) of section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);(d) "notification" means a notification published in the Official Gazette;(e) "Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934).


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