Examples of Banking Companies in a sentence
Now, therefore, we the (Bank), a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act.
Now, therefore, we the ……………………………….…… (Bank), a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertaking) Act.
AND WHEREAS at the request of the Bidder, WE,..……………………………...……………,a body corporate in terms of the Banking Companies Acquisition and Transfer of Undertakings Act,1970/1980 having it’s..................................................................
Administration of the Banking Regulation Act, 1949 (10 of 1949), the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980), the Bankers’ Books Evidence Act, 1891 (18 of 1891) and the Banking Service Commission Act, 1984 (44 of 1984) .
Now, therefore, we the (Bank), a body corporate constitutedunder the Banking Companies (Acquisition and Transfer of Undertaking) Act.
This agreement made the day of the month of in the year 2023 BETWEEN, Canara Bank a body corporate constituted under the Banking Companies ( Acquisition and Transfer of undertakings Act, 1970, having its Circle office, at 2ND FLOOR, KAUSHALYA CHAMBERS, P.P COMPOUND, MAIN ROAD RANCHI represented by its duly constituted attorney (hereinafter referred to as the Employer / Bank) on the ONE PART; and * Shri S/D/o resident of the sole proprietor ofM/s having office at the following address * M/s.
Punjab National Bank is a commercial bank performing activities in terms of Banking Companies (Acquisition and Transfer of Undertakings Act 1970) under which the Undertaking of the Bank was taken over by the Central Government.
Since such nomination has to be made in the prescribed manner, the Central Government framed, in consultation with the Reserve Bank of India, the Banking Companies (Nomination) Rules, 1985.
We will inform you that Banking Companies (Nomination) Rules, 1985 are distinct from the Arrears of Pension (Nomination) Rules, 1983.
For this a separate nomination is necessary in terms of the Banking Companies (Nomination) Rules, 1985 in case you desire to avail of nomination facility.