September 13, 2026

Section 45 – State Bank of India Act: Bar to Liquidation of State Bank

The State Bank of India Act, 1955 — back to Table of Contents

Section 45. Bar to liquidation of State Bank

No provision of law relating to the winding up of companies shall apply to the State Bank, and the State Bank shall not be placed in liquidation save by order of the Central Government and in such manner as it may direct.