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  • section 39a-application-of-companies-act-to-liquidators-66829fd128263b967f09b324
Section 39Section 40
Section 39A

Application of Companies Act to Liquidators.

The Banking Regulation Act, 1949
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1[39A. Application of Companies Act to liquidators.--(1) All the provisions of the Companies Act, 1956 (1 of 1956), relating to a liquidator, in so far as they are not inconsistent with this Act, shall apply to or in relation to a liquidator appointed under section 38A or section 39.

(2) Any reference to the "official liquidator" in this Part and Part IIIA shall be construed as including a reference to any liquidator of a banking company.]




1. Ins. by Act 33 of 1959, s. 28 (w.e.f. 1-10-1959).


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