https://www.taxtmi.com/acts?id=37164 The Reserve Bank may, by order, prohibit a housing finance institution which is a company from accepting any deposit for violating provisions or failing to comply with directions or orders. The Reserve Bank may also direct such a company not to sell, transfer, create charge or mortgage or otherwise deal with its property and assets without prior written permission of the National Housing Bank for a period not exceeding six months when necessary in the public interest or interest of depositors. en-us Wed, 24 Jul 2019 17:34:43 +0530 Wed, 24 Jul 2019 17:34:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37164 The Reserve Bank may, by order, prohibit a housing finance institution which is a company from accepting any deposit for violating provisions or failing to comply with directions or orders. The Reserve Bank may also direct such a company not to sell, transfer, create charge or mortgage or otherwise deal with its property and assets without prior written permission of the National Housing Bank for a period not exceeding six months when necessary in the public interest or interest of depositors. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 17:34:43 +0530 https://www.taxtmi.com/acts?id=37164