Section 10, Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 [S1R-DQ6]
As at 7 September 2026. In force from 10 November 1982 by S.O. 1986(E) [N12-1SR].
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 bodies corporate 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 (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 (3)
Notification S.O. 2507(E), dated 16th April, 1984 [N12-2CV], 16 April 1984, in force. Recital: "In exercise of the powers conferred by section 10 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government, being satisfied that it is necessary in the public interest so to do"
Notification S.O. 1305(E), dated 4th September, 1989 [N12-50Z], 4 September 1989, in force. Recital: "In exercise of the powers conferred by section 10 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Central Government, being satisfied that it is necessary in the public interest so to do"
Notification S.O. 640(E), dated 27th April, 1985 [N12-2PA], 27 April 1985, in force. Recital: "In exercise of the powers conferred by section 10 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), 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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