New Bank Of India (Amalgamation And Transfer Of Undertaking) Scheme, 1993

C Central 2025

Company : Sol Infotech Pvt. Ltd. Website : www.courtkutchehry.com New Bank of India (Amalgamation and Transfer of Undertaking) Scheme, 1993 CONTENTS CHAPTER 1 :- INTRODUCTORY 1. Short title and commencement 2. Definitions CHAPTER 2 :- CHAPTER II 3 . Undertaking of New Bank of India to vest in Punjab National Bank 4. General effect of vesting 5. Dissolution of the Board of Directors, etc New Bank of India (Amalgamation and Transfer of Undertaking) Scheme, 1993 In exercise of the powers conferred by Section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government, after consultation with the Reserve Bank of India, hereby makes the following Scheme, namely:- CHAPTER 1 INTRODUCTORY 1. Short title and commencement :- 2. Definitions :- CHAPTER 2 CHAPTER II 3. Undertaking of New Bank of India to vest in Punjab National Bank :- 4. General effect of vesting :- 5. Dissolution of the Board of Directors, etc :-

Act Metadata
  • Title: New Bank Of India (Amalgamation And Transfer Of Undertaking) Scheme, 1993
  • Type: C
  • Subtype: Central
  • Act ID: 11569
  • Digitised on: 13 Aug 2025