Section 45V of The Banking Regulation Act, 1963: References to directors, etc.
References to directors, etc., shall be construed as including references to past directors, etc. – .For the removal of doubts it is hereby declared that any reference in this Part to a director, manager, liquidator, officer or auditor of a banking company shall be construed as including a reference to any past or present director, manager, liquidator, officer or auditor of the banking company.
For Complete Banking Regulation Act, 1949. Click here
For other Central Acts. Click here.
Are you Looking for a Legal Professional? Click here
Are you a Lawyer? Register here to get published on Advocate Finder, an open platform for lawyers.