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Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Preamble 1

Title: Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983

State: Central

Year: 1983

THE PUBLIC FINANCIAL INSTITUTIONS (OBLIGATION AS TO FIDELITY AND SECRECY) ACT, 1983 [Act, No. 48 of 1983] [30th December, 1983] PREAMBLE An Act to provide for the obligation of public financial institutions as to fidelity and secrecy. BE it enacted by Parliament in the Thirty-fourth Year of the Republic of India as follows:-

Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Complete Act

State: Central

Year: 1983

.....date on which this Act became applicable to such institution, make a declaration of fidelity and secrecy in the form set out in the Schedule to this Act. SECTION 05: AMENDMENT OF ACT 15 OF 1948 [Repealed by Repealing and Amending Act (19 of 1988), Sch. (31 -3-1988)]. SECTION 06: AMENDMENT OF ACT 63 OF 1951 [Repealed by Repealing and Amending Act (19 of 1988), Sch. (31-3-1988)]. SCHEDULE 1 THE SCHEDULE (See section 4-) DECLARATION OF FIDELITY AND SECRECY I, , do hereby declare that I will faithfully, truly find to the best of my skill and ability, execute and perform the duties required of me as director, member of any Committee, auditor, officer or other employee (as the case may be) of the ___ and which properly relate to the office or position held by me in, or in relation to, the___ I further declare that I will not communicate or allow to be communicated to any person not legally entitled thereto any information relating to the affairs of the ___or to the affairs of any person having any dealing with the ___nor will I allow any such person to inspect, or have access to, any books or documents belonging to, or in the possession of the ___or the business of any person having.....

Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Section 1

Title: Short Title

State: Central

Year: 1983

This Act may be called the Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983.

Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Complete Act

Title: Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983

State: Central

Year: 1983

Preamble1 - PUBLIC FINANCIAL INSTITUTIONS (OBLIGATION AS TO FIDELITY AND SECRECY) ACT, 1983 Section1 - Short title Section2 - Definitions Section3 - Obligation as to fidelity and secrecy Section4 - Declaration of fidelity and secrecy Section5 - Amendment of Act 15 of 1948 Section6 - Amendment of Act 63 of 1951 ScheduleI - SCHEDULE

State Financial Corporations Act, 1951 Complete Act

Title: State Financial Corporations Act, 1951

State: Central

Year: 1951

.....employees of the Financial Corporation Chapter III Section24 - General duty of the Board Section25 - Business which Financial Corporation may transact Section25A - Power to acquire rights Section25B - Gifts, grants etc. Section26 - Limit of accommodation Section27 - Power to impose conditions for accommodation Section28 - Prohibited business Section29 - Rights of Financial Corporation in case of default Section30 - Power to call for repayment before agreed period Section31 - Special provisions for enforcement of claims by Financial Corporation Section32 - Procedure of district judge in respect of applications under Section 31 Section32A - Power of Financial Corporation to appoint directors or administrators of an industrial concern when management is taken over Section32B - Effect of notified order under Section 32A Section32C - Powers and duties of directors and administrators Section32D - No right to compensation for termination of contract of managing agent, managing director, etc. Section32E - Application of Act 1 of 1956 Section32F - Restriction on tiling of suite for dissolution, etc., of an industrial concern not being a company when its management is.....

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Complete Act

Title: Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

State: Central

Year: 2002

.....of securitisation, reconstruction and creation of security interest Section24 - Modification of security interest registered under this Act Section25 - Securitisation company or reconstruction company or secured creditor to report satisfaction of security interest Section26 - Right to inspect particulars of securitisation, reconstruction and security interest transactions Chapter V Section27 - Penalties Section28 - Penalties for non-compliance of direction of Reserve Bank Section29 - Offences Section30 - Cognizance of offence Chapter VI Section31 - Provisions of this Act not to apply in certain cases Section32 - Protection of action taken in good faith Section33 - Offences by companies Section34 - Civil court not to have jurisdiction Section35 - The provisions of this Act to override other laws Section36 - Limitation Section37 - Application of other laws not barred Section38 - Power of Central Government to make rules Section39 - Certain provisions of this Act to apply after Central Registry is set-up or cause to be set-up Section40 - Power to remove difficulties Section41 - Amendments of certain enactments Section42 - Repeal and saving Schedule1 -.....

Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006 Complete Act

Title: Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006

State: Central

Year: 2006

Preamble1 - BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) AND FINANCIAL INSTITUTIONS LAWS (AMENDMENT) ACT, 2006 Chapter I Section1 - Short title and Commencement Chapter II Section2 - Amendment of section 3 Section3 - Amendment of section 9 Section4 - Insertion of new section 9A Section5 - Amendment of section 10A Section6 - Insertion of new section 10B Section7 - Insertion of new section 18A Chapter III Section8 - Amendment of section 3 Section9 - Amendment of section 9 Section10 - Insertion of new section 9A Section11 - Amendment of section 10A Section12 - Insertion of new section 10B Section13 - Insertion of new section 18A Chapter IV Section14 - Amendment of section 20 Section15 - Amendment of section 21A Chapter V Section16 - Amendment of section 26 of Act 38 of 1959 Chapter VI Section17 - Amendment of section 6 of Act 47 of 1961 Section18 - Amendment of section 6 of Act 28 of 1981 Section19 - Amendment of section 7 of Act 53 of 1987

Karnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004 Complete Act

Title: Karnataka Protection Oe Interest of Depositors in Financial Establishments Act, 2004

State: Karnataka

Year: 2004

.....by financial establishment Chapter IV Section 10 - Special Court Section 11 - Powers of the Special Court regarding realisation of assets and payment to depositors Section 12 - Powers of Special Court regarding attachment Section 13 - Attachment of property of mala fide transferees Section 14 - Security in lieu of attachment Section 15 - Administration of property attached Section 16 - Appeal Section 17 - Special Public Prosecutor Section 18 - Procedure and powers of Special Court regarding offences Chapter V Section 19 - Act to override other laws Section 20 - Protection of action taken in good faith Section 21 - Power to make rules Section 22 - Power to remove difficulties

Recovery of Debts Due to Banks and Financial Institutions Act, 1993 Complete Act

Title: Recovery of Debts Due to Banks and Financial Institutions Act, 1993

State: Central

Year: 1993

.....Tribunal Section23 - Right to legal representation and Presenting Officers Section24 - Limitation Chapter 5 Section25 - Modes of recovery of debts Section26 - Validity of certificate and amendment thereof Section27 - Stay of proceedings under certificate and amendment or withdrawal thereof Section28 - Other modes of recovery Section29 - Application of certain provisions of Income-tax Act Section30 - Appeal against the order of Recovery Officer Chapter 6 Section31 - Transfer of pending cases Section31A - Power of Tribunal to issue certificate of recovery in case of decree or order Section32 - Chairperson, Presiding Officer and staff of Appellate Tribunal and Tribunal to be public servants Section33 - Protection of action taken in good faith Section34 - Act to have over-riding effect Section35 - Power to remove difficulties Section36 - Power to make rules Section37 - Repeal and saving Amending Act1 - AMENDMENT ACT

Public Financial Institutions (Obligation as to Fidelity and Secrecy) Act, 1983 Section 3

Title: Obligation as to Fidelity and Secrecy

State: Central

Year: 1983

.....Banks) Act, 1959(38 of 1959), any corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970( 5 of 1970) or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980, any other scheduled bank within the meaning of the Reserve Bank of India Act, 1934(2 of 1934); or (c) any other public financial institution, such credit information or other information as it may consider useful for the purpose, in such manner and at such time as it may think fit. 1(3) Nothing contained in this section shall apply to the credit information disclosed under the Credit Information Companies (Regulation) Act, 2005.". Explanation.- For the purposes of this sub-section, the expression "credit information" shall have the same meaning as in clause (c) of section 45A of the Reserve Bank of India Act, 1934(2 of 1934) subject to the modification that the banking company referred to therein shall mean a bank referred to in clause (b) of this sub-section or a public financial institution. _______________________ 1 . Inserted vide Credit Information Companies (Regulation) Act, 2005.