Section 45Central Act
Section 45: Liquidation of Financial Corporation.
No provision of law relating to the winding up of companies or corporations shall apply to the Financial Corporation, and the Financial Corporation shall not be placed in liquidation, save by order of the State Government and in such manner as it may direct.
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Sec 44 — Act 18 of 1891 to apply to the books of the Financial Corporation.
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Sec 46 — Power to apply Act to certain financial institutions in existence at commencement of Act.
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