Section 11, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-PTJ]
As at 7 September 2026. In force from 6 February 1994 by S.O. 2460(E) [N12-6S4].
11. Registration of institutions.—(1) Every institution shall, within sixty days from the commencement of this Act or, where such person begins the running of an institution after such commencement, within sixty days from the date of such beginning, make an application for registration to the Commission in Form C, accompanied by a fee of fifty thousand rupees. (2) The Commission shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No institution shall carry on the running of an institution unless registered under this section.
Defined terms in this text (2)
Commission: Section 2, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1XPH4] (In this Act, unless the context otherwise requires,—): "Commission" means the Commission established under section 3
Commission: 85 more definitions.
institution: Section 2, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1XPH4] (In this Act, unless the context otherwise requires,—): "institution" means an institution of higher education recognised under section 6
institution: 95 more definitions.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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