Banking Regulation Act, 1949 · Chapter IV: Miscellaneous
Section 47: Cognizance of offences
No Court shall take cognizance of any offence punishable under [sub-section (5) of section 36AA or] section 46 except upon complaint in writing made by an officer of [the Reserve Bank or, as the case may be, the National Bank] generally or specially authorized in writing in this behalf by [the Reserve Bank or, as the case may be, the National Bank], and [no court other than that of a Metropolitan Magistrate or a Judicial Magistrate of the first class or any court superior thereto] shall try any such offence.
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.