Section 10, State Bank of India Act, 1955 [S1C-XS1]

As at 7 September 2026. In force from 30 June 1956 by S.O. 845(E) [N11-M77].

In State Bank of India Act, 1955 [A10-EGF]. This text from 30 June 1956. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 10, State Bank of India Act, 1955 [S1C-XS1]. Machine: S1C-XS1.

10. Power to exempt.—The Central Government may, if it is satisfied that it is necessary in the public interest so to do, by notification, exempt any class of secureds creditor from all or any of the provisions of this Act, subject to such conditions, if any, as may be specified in the notification.

Defined terms in this text (0)

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Made under this section, or naming it (2)

Notification S.O. 2884(E), dated 23rd June, 1960 [N11-PBQ], 23 June 1960, in force. Recital: "In exercise of the powers conferred by section 10 of the State Bank of India Act, 1955 (23 of 1955), the Central Government, being satisfied that it is necessary in the public interest so to do"

Notification S.O. 2230(E), dated 2nd October, 1962 [N11-QWR], 2 October 1962, in force. Recital: "In exercise of the powers conferred by section 10 of the State Bank of India Act, 1955 (23 of 1955), the Central Government, being satisfied that it is necessary in the public interest so to do"

Cited by (0)

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Not held (0)

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Duties published under this section (0)

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