Bare Act Search Results

Payment and Settlement Systems Act 2007 Complete Act

Title: Payment and Settlement Systems Act 2007

State: Central

Year: 2007

.....documents in the payment system confidential Section23 - Settlement and netting Chapter VI Section24 - Settlement of disputes Section25 - Dishonour of electronic funds transfer for insufficiency, etc., of funds in the account Chapter VII Section26 - Penalties Section27 - Offences by companies Section28 - Cognizance of offences Section29 - Application of fine Section30 - Power of Reserve Bank to impose fines Section31 - Power to compound offences Chapter VIII Section32 - Act to have overriding effect Section33 - Mode of recovery of penalty Section34 - Act not to apply to stock exchanges or clearing corporations of stock exchanges Section35 - Certain persons deemed to be public servants Section36 - Protection of action taken in good faith Section37 - Power of Reserve Bank to make regulations Section38 - Power of Reserve Bank to make regulations