Section 50 in The Small Industries Development Bank Of India (General Regulations), 2000*
50. Certificate of forfeiture .-A certificate in writing under the hands of any director, or any other officer of the Small Industries bank duly authorised in this behalf, that the call in respect of a share was made and that the forfeiture of the share was made by a resolution of the Board to that effect, shall be conclusive evidence of the fact stated therein as against all persons entitled to such shares.
