Section 45UCentral Act

Section 45U: Power of High Court to make rules.

The Banking Regulation Act, 1949

¹[45U. Power of High Court to make rules.--The High Court may make rules consistent with this Act and the rules made under section 52 prescribing--

(a) the manner in which inquiries and proceedings under Part III or Part IIIA may be held;

(b) the offences which may be tried summarily;

(c) the authority to which, and the conditions subject to which, appeals may be preferred and the manner in which such appeals may be filed and heard;

(d) any other matter for which provision has to be made for enabling the High Court to effectively exercise its functions under this Act.]

1. Subs. by Act 52 of 1953, s. 10, for Part IIIA (w.e.f. 30-12-1953).

Sec 45T — Enforcement of orders and decisions of High Court.

Sec 45V — References to directors, etc., shall be construed as including references to past directors, etc.

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