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Union of India - Section

Section 36AD in The Banking Regulation Act, 1949

36AD. Punishments for certain activities in relation to banking companies.

(1)No person shall-
(a)obstruct any person from lawfully entering or leaving any office or place of business of a banking company or from carrying on any business there, or
(b)hold, within the office or place of business of any banking company, any demonstration which is violent or which prevents, or is calculated to prevent, the transaction of normal business by the banking company, or
(c)act in any manner calculated to undermine the confidence of the depositors in the banking company.
(2)Whoever contravenes any provision of sub-section (1) without any reasonable excuse shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both.
(3)[ For the purposes of this section "banking company" includes the Reserve Bank, [* * *] [Substituted by Act 1 of 1984, Section 32, for sub-Section (3) (w.e.f. 15.2.1984).] the Exim Bank, [the Reconstruction Bank,] [Inserted by Act 62 of 1984, Section 71 and Sch. III (w.e.f. 20.3.1985).] [the National Housing Banks,] [Inserted by Act 53 of 1987, Section 56 and Sch. II (w.e.f. 9.7.1988).] the National Bank, [the Small Industries Bank,] [Inserted by Act 39 of 1989, Section 53 and Sch. II (w.e.f. 7.3.1990).] the State Bank of India, a corresponding new bank, a regional rural Bank and a subsidiary bank.]