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Banking Regulation Act, 1949 · Chapter IIIA: Special Provisions for Speedy Disposal of Winding Up Proceedings

Section 45W: Part II not to apply to banking companies being wound up

Nothing contained in Part II shall apply to a banking company which is being wound up.]

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 45W

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