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Section 46A

Chairman, Director, Etc., to Be Public Servants for the Purposes of Chapter Ix of the Indian Penal Code.

The Banking Regulation Act, 1949
1[46A. Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code.--2[Every chairman who is appointed on a whole-time basis, managing director, director, auditor], liquidator, manager and any other employee of a banking company shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).]




1. Ins. by Act 95 of 1956, s. 10 (w.e.f. 14-1-1957).

2. Subs. by Act 20 of 1994, s. 9, for "Every chairman, director, auditor" (w.e.f. 31-1-1994).