Power to file winding-up petition extended to include the Reserve Bank alongside the National Housing Bank. Clause 162 amends section 33B by substituting references so that sub-section (1)(c) reads 'the National Housing Bank or the Reserve Bank' in place of 'the National Housing Bank', and sub-section (3) reads 'the Registrar of Companies and the Reserve Bank' in place of 'the Registrar of Companies', thereby adding the Reserve Bank to the entities empowered or referenced under the provision concerning the power to file winding-up petitions.
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Power to file winding-up petition extended to include the Reserve Bank alongside the National Housing Bank.
Clause 162 amends section 33B by substituting references so that sub-section (1)(c) reads "the National Housing Bank or the Reserve Bank" in place of "the National Housing Bank", and sub-section (3) reads "the Registrar of Companies and the Reserve Bank" in place of "the Registrar of Companies", thereby adding the Reserve Bank to the entities empowered or referenced under the provision concerning the power to file winding-up petitions.
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