Section 26, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-Q9N]

As at 7 September 2026. In force from 6 February 1994 by S.O. 2460(E) [N12-6S4].

In Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [A11-2JP]. This text from 6 February 1994. 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 26, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-Q9N]. Machine: S1X-Q9N.

26. Prohibition of the running of an institution without licence.—No person shall undertake the running of an institution except under and in accordance with the conditions of a licence granted under section 27: Provided that nothing in this section shall apply to the running of an institution undertaken by or on behalf of the Central Government or a State Government.

Defined terms in this text (1)

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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