Chapter II — INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS

Section 6Offices, branches and agencies

Section 6: Offices, branches and agencies

6. Offices, branches and agencies

The Bank shall, as soon as may be, establish offices in Bombay, Calcutta, [Delhi and Madras] *** and may establish branches or agencies in any other place in India *** or, with the previous sanction of the [Central Government] elsewhere.

Amendment notes (4)
  1. Subs w.e.f. 1-4-1947 . Subs. by Act 11 of 1947, s. 5, for "Delhi, Madras and Rangoon" (w.e.f. 1-4-1947).
  2. omitted w.e.f. 8-5-1955 . The words "and a branch in London" omitted by Act 24 of 1955, s. 3 (w.e.f. 8-5-1955).
  3. omitted w.e.f. 1-4-1947 . The words "or Burma" omitted by Act 11 of 1947, s. 5 (w.e.f. 1-4-1947) which was earlier inserted by the M.O. 1937.
  4. Subs . Subs. by the M.O. 1937, for "G.G. in C.".