Chapter I — PRELIMINARY

Section 2Definitions

Section 2: Definitions

2. Definitions

In this Act, unless the context otherwise requires,—

(a)

"appointed day" means such date as the Central Government may, by notification, appoint under section 3;

(b)

"Company" means the Industrial Development Bank of India Limited to be formed and registered under the Companies Act, 1956 (1 of 1956);

(c)

"Development Bank" means the Industrial Development Bank of India established under sub-section (1) of section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);

(d)

"notification" means a notification published in the Official Gazette;

(e)

"Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934).