Cognisance of offences: amendment adds the Reserve Bank alongside the National Housing Bank as authorised to take cognisance. The amendment substitutes every occurrence of the words 'the National Housing Bank' in section 51 with 'the National Housing Bank or the Reserve Bank,' thereby expanding the statute's referenced institution in the provision dealing with cognisance of offences as proposed by Clause 170 of the Finance (No. 2) Bill, 2019.
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Provisions expressly mentioned in the judgment/order text.
Cognisance of offences: amendment adds the Reserve Bank alongside the National Housing Bank as authorised to take cognisance.
The amendment substitutes every occurrence of the words "the National Housing Bank" in section 51 with "the National Housing Bank or the Reserve Bank," thereby expanding the statute's referenced institution in the provision dealing with cognisance of offences as proposed by Clause 170 of the Finance (No. 2) Bill, 2019.
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