Company law section applicable for banks

pratik kheria (article) (25 Points)

14 August 2013

Hello Folks,

Can anyone give a list of section of Companies act 1956 applicable on banks?

Thanks in advance

Ca.Pratik kheria

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SIVASIVA (FCA, Future CA) (4935 Points)
Replied 14 August 2013

Please note your req:

Arranged as Section & Title

206. Dividend not to be paid except to registered share-holders or to their order or to their bankers

251. Saving for legal advisers and bankers

571. Notice to customers on registration of banking company with limited liability

616. Application of Act to insurance, banking, electricity supply and other companies governed by special Acts

2(5) . "banking company" has the same meaning as in the Banking Companies Act, 1949 (10 of 1949)

4A. Public financial Institution

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