September 12, 2026

Section 45K – Banking Regulation Act: [Omitted]

Banking Regulation Act, 1949 — back to Table of Contents

Section 45K. [Omitted]

Section 45K, which originally dealt with the power of the High Court to enforce schemes of arrangement, was omitted by the Banking Companies (Amendment) Act, 1959, with effect from 1 October 1959.

Note: Part IIIA was inserted by the Banking Companies (Amendment) Act, 1953.