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Section 45V

References to Directors, Etc., Shall Be Construed As Including References to Past Directors, Etc.

The Banking Regulation Act, 1949
1[45V. References to directors, etc., shall be construed as including references to past directors, etc.--For the removal of doubts it is hereby declared that any reference in this Part to a director, manager, liquidator, officer or auditor of a banking company shall be construed as including a reference to any past or present director, manager, liquidator, officer or auditor of the banking company.]




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