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Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 · Chapter I: Preliminary
Section 1: Short title and commence
(1) This Act may be called the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
(2) It shall be deemed to have come into force on the 15th day of April, 1980.
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 1
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