Section 53, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-R4P]

As at 6 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 53, Recovery of Debts Due to Banks and Financial Institutions Act, 1993 [S1X-R4P]. Machine: S1X-R4P.

53. Registration of hostels.—(1) Every hostel shall, within sixty days from the commencement of this Act or, where such person begins the running of a hostel 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 hostel shall carry on the running of a hostel unless registered under this section.

Defined terms in this text (1)

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.

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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