INDIA CODEAsk the CompanionOpenAI with India Code 2.0

The register holds dated texts. A date set here selects the text it holds for that day, on the pages that hold one.

Section 57, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-GNK]

As at 8 September 2026. In force from 26 January 1961.

In Deposit Insurance and Credit Guarantee Corporation Act, 1961 [A10-H3Z]. This text from 26 January 1961. 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 57, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1G-GNK]. Machine: S1G-GNK.

57. Protection of action taken in good faith.—No suit, prosecution or other legal proceeding shall lie against the Central Government, the Authority or any officer of the Central Government or of the Authority for anything which is in good faith done or intended to be done under this Act or the rules made thereunder.

Defined terms in this text (1)

Authority: Section 2, Deposit Insurance and Credit Guarantee Corporation Act, 1961 [S1GEYJ] (In this Act, unless the context otherwise requires,—): "Authority" means the Insurance Regulatory and Development Authority of India established under section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999)

Authority: 22 more definitions.

Made under this section, or naming it (0)

none

Cited by (0)

none

Not held (0)

none

Duties published under this section (0)

none