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TypeBare Act JurisdictionCentral Government

Banking Regulation Act, 1949 Section 26

RETURN OF UNCLAIMED DEPOSITS - Every banking company shall, within thirty days after the close of each calendar year,

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https://sooperkanoon.com/act/446895

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About this section

Banking Regulation Act, 1949 Section 26 is part of Banking Regulation Act, 1949 - RETURN OF UNCLAIMED DEPOSITS - Every banking company shall, within thirty days after the close of each calendar year,. Read the section text below and explore Indian court judgments that cite it.

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Section Text

SECTION 26: RETURN OF UNCLAIMED DEPOSITS - Every banking company shall, within thirty days after the close of each calendar year, submit a return in the prescribed form and manner to the Reserve Bank as at the end of such calendar year of all accounts129[in India] which have not been operated upon for ten years130[* * * * *]: Provided that in the case money deposited for a fixed period the said term of ten years shall be reckoned from the date of the expiry of such fixed period.131[Provided further that every regional rural bank shall also furnish a copy of the said return to the National Bank.]

Frequently asked questions

What does Banking Regulation Act, 1949 Section 26 provide?

Section Section 26 of the Banking Regulation Act, 1949 (RETURN OF UNCLAIMED DEPOSITS - Every banking company shall, within thirty days after the close of each calendar year,) is reproduced on this page as part of the Banking Regulation Act, 1949. 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 Regulation Act, 1949 Section 26?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Banking Regulation Act, 1949 Section 26. 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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