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TypeBare Act JurisdictionCentral Government

Banking Laws (Amendment) Act, 2012 Section 11

Amendment of Section 46."

~1 min read
https://sooperkanoon.com/act/446850

Bare act section · Research

About this section

Banking Laws (Amendment) Act, 2012 Section 11 is part of Banking Laws (Amendment) Act, 2012 - Amendment of Section 46.". Read the section text below and explore Indian court judgments that cite it.

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Section Text

In Section 46 of the principal Act,"

(a) in sub-section (1), for the words "and shall also be liable to fine", the words "or with fine, which may extend to one crore rupees or with both" shall be substituted;

(b) in sub-section (2),"

(i) for the words "two thousand rupees", the words "twenty lakh rupees" shall be substituted;

(ii) for the words "one hundred rupees", the words "fifty thousand rupees" shall be substituted;

(c) in sub-section (4),"

(i) for the words "fifty thousand rupees", the words "one crore rupees" shall be substituted;

(ii) for the words "two thousand and five hundred rupees", the words "one lakh rupees" shall be substituted.

Frequently asked questions

What does Banking Laws (Amendment) Act, 2012 Section 11 provide?

Section Section 11 of the Banking Laws (Amendment) Act, 2012 (Amendment of Section 46.") is reproduced on this page as part of the Banking Laws (Amendment) Act, 2012. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Banking Laws (Amendment) Act, 2012 Section 11?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Banking Laws (Amendment) Act, 2012 Section 11. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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