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PART III SUSPENSION OF BUSINESS AND WINDING UP OF BANKING COMPANIES

Section 36B: ] High Court defined

The Banking Regulation Act, 1949

1[ 2[In this Part and in Part IIIA, “High Court”, in relation to a banking company, means the High Court exercising Jurisdiction in the place where the registered office of the banking company is situated or, in the case of a banking company incorporated outside India, where its principal place of business in India is situated.]

Footnotes in the official text

  1. 1.Ins. by Act 52 of 1953, s. 3 (w.e.f. 30-12-1953).
  2. 2.S. 36A renumbered as section 36B by Act 33 of 1959, s. 24 (w.e.f. 1-10-1959).

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