The National Bank for Financing Infrastructure and Development Act, 2021 · VII — MISCELLANEOUS

Section 34. Protection of action taken in good faith

In force · As amended up to 2026-08

34. Protection of action taken in good faith. —No suit, prosecution or other legal proceedings shall lie against the Institution or its Chairperson or other directors, employees or officers for anything which is done in good faith or intended to be done under this Act, or the rules or the regulations made thereunder, including in respect of assets created or transferred to the Institution.

Source: India Code