State Bank of India (Subsidiary Banks) Act,1959

Act No : 38

---

Section : Trusts not to be entered on the register.

22. Trusts not to be entered on the register.- Notwithstanding anything contained in section 19, no notice of any trust, express, implied or constructive, shall be entered on the register of shareholders of a subsidiary bank or be receivable by it in respect of its shares. ---------------------------------------------------------------------- 1. Subs. by Act 55 of 1963, s. 30, for "in excess of five per cent." (w.e.f. 1-2-1964). 186

---

Read All Comments

Comments

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically