Regulatory authority substitution: include Reserve Bank alongside National Housing Bank and shift orders to National Company Law Tribunal. Section 49 is amended to substitute references to the National Housing Bank with the National Housing Bank or the Reserve Bank in sub-section (2B) and clause (aa) of sub-section (3), and to replace the phrase 'any order made by the authorised officer' in sub-section (2C) with any order made by the National Company Law Tribunal, altering the named authorities for those provisions.
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Provisions expressly mentioned in the judgment/order text.
Regulatory authority substitution: include Reserve Bank alongside National Housing Bank and shift orders to National Company Law Tribunal.
Section 49 is amended to substitute references to the National Housing Bank with the National Housing Bank or the Reserve Bank in sub-section (2B) and clause (aa) of sub-section (3), and to replace the phrase "any order made by the authorised officer" in sub-section (2C) with any order made by the National Company Law Tribunal, altering the named authorities for those provisions.
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