The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
बैंककारी कम्पनी (उपक्रमों का अर्जन और अन्तरण) अधिनियम,1980
Act ID: | 198040 |
Act Number: | 40 |
Enactment Date: | 1980-07-11 |
Act Year: | 1980 |
Short Title: | The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 |
Hindi Title: | बैंककारी कम्पनी (उपक्रमों का अर्जन और अन्तरण) अधिनियम,1980 |
Long Title: | An Act to provide for the acquisition and transfer of the undertakings of certain banking companies, having regard to their size, resources, coverage and organisation, in order further to control the heights of the economy, to meet progressively, and serve better, the needs of the development of the economy and to promote the welfare of the people, in conformity with the policy of the State towards securing the principles laid down in clauses (b) and (c) of article 39 of the Constitution and for matters connected therewith or incidental thereto. |
Ministry: | Ministry of Finance |
Department: | Department of Financial Services |
Enforcement Date: | 15-04-1980 |
Last Updated: | 15-04-2019 |