Income Tax Department

Ministry of Finance, Government of India

Skip to main content
Accessibility Options
Font Size
Saturation
Help

Section 43A

Protection of action taken in good faith

Section

Section Number

43A

Chapter

III - CENTRAL BANKING FUNCTIONS

Act

Reserve Bank of India Act, 1934

Year

Protection of action taken in good faith

Protection of action taken in good faith

[Protection of action taken in good faith.

43A . (1) No suit or other legal proceeding shall lie against the Bank or any of its officers for anything which is in good faith done or intended to be done in pursuance of section 42 or section 43 [or in pursuance of the provisions of Chapter IIIA].

(2) No suit or other legal proceeding shall lie against the Bank or any of its officers for any damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of section 42 or section 43 [or in pursuance of the provisions of Chapter IIIA].]


© Copyright. Taxmann Publications Pvt. Ltd.

Footnotes