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TypeBare Act JurisdictionCentral Government

Banking Laws (Amendment) Act, 2012, (Central) Section 5

Amendment of Section 13

~1 min read
https://sooperkanoon.com/act/63435

Bare act section · Research

About this section

Banking Laws (Amendment) Act, 2012, (Central) Section 5 is part of Banking Laws (Amendment) Act, 2012, (Central) - Amendment of Section 13. Read the section text below and explore Indian court judgments that cite it.

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Section Text

In section 13 of the principal Act,--

(i) for the words "paid-up value of the said shares" occurring at the end, the words "price at which the said shares are issued" shall be substituted;

(ii) the following Explanation shall be inserted, namely:--

'Explanation,--For the removal of doubts, it is hereby declared that the expression "price at which the said shares are issued" shall include amount or value of premium on such shares.'.

Frequently asked questions

What does Banking Laws (Amendment) Act, 2012, (Central) Section 5 provide?

Section Section 5 of the Banking Laws (Amendment) Act, 2012, (Central) (Amendment of Section 13) is reproduced on this page as part of the Banking Laws (Amendment) Act, 2012, (Central). 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, (Central) Section 5?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Banking Laws (Amendment) Act, 2012, (Central) Section 5. 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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