State Financial Corporations Act : Liquidation of Financial Corporation. Indian Bare Acts :

State Financial Corporations Act,1951

Act No : 63

Section : Liquidation of Financial Corporation.

45. Liquidation of Financial Corporation. No provision of law relating to the winding-up of companies or corporations shall apply to the Financial Corporation, and the Financial Corporation shall not be placed in liquidation, save by order of the State Government and in such manner as it may direct.