State Bank of India (Subsidiary Banks) Act, 1959


Section
Section Title
  INTRODUCTION
  1 Short Title View Judgements
  2 Definitions View Judgements
  3 Establishment Or New Banks View Judgements
  3-A Change Or Name Of A Subsidiary Bank View Judgements
  4 New Banks To Be Bodies Corporate View Judgements
  5 Head Office And Branches Of New Banks View Judgements
  6 Authorised Capital Or New Banks View Judgements
  7 Issued Capital Of New Banks View Judgements
  8 Reserve Fund Of The New Banks View Judgements
  9 Transfer Of Shares Of Existing Banks To State Bank View Judgements
  10 Transfer Of Undertaking Of Existing Banks To New Banks View Judgements
  11 Transfer Of Services Of Employees Of Existing Banks View Judgements
  12 Special Provision For Transfer Of Foreign Assets View Judgements
  13 Compensation To Shareholders Of Existing Banks Other Than The Bank Of Patiala View Judgements
  14 Compensation Payable By The State Bank In Respect Of The Bank Of Patiala, The Saurashtra Bank And The Hyderabad Bank View Judgements
  15 Constitution Of The Tribunal View Judgements
  16 Tribunal To Have Powers Of A Civil Court View Judgements
  17 Procedure Of The Tribunal View Judgements
  18 Transferability Of Shares View Judgements
  19 Restriction On Individual Holdings View Judgements
  20 Share To Be Approved Securities View Judgements
  21 Register Of Shareholders View Judgements
  21-A Register Of Beneficial Owners View Judgements
  22 Trusts Not To Be Entered On The Register View Judgements
  23 Certain Officers To Vacate Office View Judgements
  24 Management View Judgements
  25 Composition Of The Board Of Directors View Judgements
  26 Term Of Office Of Directors View Judgements
  27 Disqualification For Directorship View Judgements
  28 Vacation Of Office Of Directors View Judgements
  29 [Managing Director] View Judgements
  30 Remuneration Of Directors View Judgements
  31 Removal From Office Of Director View Judgements
  32 Appointment Of Another Person For Discharging The Duties Of 1 [Managing Director] During His Absence View Judgements
  33 Casual Vacancies Among Directors View Judgements
  34 Meetings Or The Board Of Directors View Judgements
  35 Executive Committee And Other Committees View Judgements
  36 Subsidiary Bunk To Act As Agent Of The State Bank View Judgements
  36-A Subsidiary Bank To Act As Agent Of The Reserve Bank View Judgements
  37 Other Business Which A Subsidiary Bank May Transact View Judgements
  38 Acquisition Of Business Of Other Banks View Judgements
  38-A Arrangement With Subsidiary Banks On Appointment Of Directors To Prevail View Judgements
  39 Closing of annual accounts View Judgements
  40 Disposal Of Profits View Judgements
  41 Audit View Judgements
  42 Temporary Provision Regarding Existing Auditors View Judgements
  43 Returns To Be Furnished By A Subsidiary Bank View Judgements
  44 General Meetings View Judgements
  45 Power To Issue Direct In As Far Removing Difficulties View Judgements
  46 Observers For Existing Banks And The Saurashtra Bank View Judgements
  47 Inspection View Judgements
  48 Cost Of Development Programme View Judgements
  49 Special Provision Regarding Existing Officers And Employees View Judgements
  50 Staff Of A Subsidiary Bank View Judgements
  50-A Banks View Judgements
  51 Establishment Of Pension And Superannuation Funds By Subsidiary Banks View Judgements
  52 Obligation As To Fidelity And Secrecy View Judgements
  53 Indemnity Of Directors View Judgements
  54 Defects In Appointment Or Constitution Not To Invalidate Acts Or Proceedings View Judgements
  55 Companies Act, 1956, And Banking Companies Act, 1949, Not To Apply To Certain Existing Banks View Judgements
  56 Continuance Of Special Provisions Respecting Recovery Of Loans And Advances Made By The Bank Of Patiala And The State Bank Of Saurashtra View Judgements
  57 Bar To Liquidation Of A Subsidiary Bank View Judgements
  58 Dissolution Of Existing Banks View Judgements
  59 Construction Of References To Existing Banks View Judgements
  60 Exercise Of Powers And Functions On Behalf Of The Reserve Bank View Judgements
  61 Protection Of Action Taken Under Act View Judgements
  62 Power Of Central Government To Make Rules View Judgements
  63 Power Of The State Bank To Make Regulations View Judgements
  64 Amendment Of Certain Enactments View Judgements
  65 Saving View Judgements
  Schedule I
  Schedule II
  Schedule III



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