Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

Union of India - Section

Section 36AI in The Banking Regulation Act, 1949

36AI. Tribunal to have powers of a Civil Court.

(1)The Tribunal shall have the powers of a Civil Court, while trying a suit, under the Code of Civil Procedure, 1908 (5 of 1908), in respect of the following matters, namely:-
(a)summoning and enforcing the attendance of any person and examining him on oath;
(b)requiring the discovery and production of documents;
(c)receiving evidence on affidavits;
(d)issuing commissions for the examination of witnesses or documents.
(2)Notwithstanding anything contained in sub-section (1), or in any other law for the time being in force, the Tribunal shall not compel the Central Government or the Reserve Bank,-
(a)to produce any books of account or other documents which the Central Government, or the Reserve Bank, claims to be of a confidential nature;
(b)to make any such books or documents part of the record of the proceedings before the Tribunal; or
(c)to give inspection of any such books or documents to any party before it or to any other person.