INDIA CODE
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Section 1, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-DEH]

As at 7 September 2026. In force from 21 June 1981 by S.O. 958(E) [N12-11D].

In Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [A10-T4R]. This text from 3 June 1980. 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 1, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-DEH]. Machine: S1R-DEH.

1. Short title, extent and commencement.—(1) This Act may be called the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980. (2) It extends to the whole of India. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act.

Defined terms in this text (1)

notification: Section 2, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [S1RDFK] (In this Act, unless the context otherwise requires,—): "notification" means a notification published in the Official Gazette

notification: 996 more definitions.

Made under this section, or naming it (2)

Notification S.O. 958(E), dated 14th June, 1981 [N12-11D], 14 June 1981, in force. Recital: "In exercise of the powers conferred by sub-section (3) of section 1 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government"

Notification S.O. 1986(E), dated 2nd November, 1982 [N12-1SR], 2 November 1982, in force. Recital: "In exercise of the powers conferred by sub-section (3) of section 1 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government"

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Section 1, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-DEH]