Section 43A. Protection of action taken in good faith

9[ 43A. Protection of action taken in good faith.— (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[10] [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[10] [or in pursuance of the provisions of Chapter IIIA].] 1. Subs. by Act 23 of 1965, s. 6, for "is a company" (w.e.f. 1-3-1966). 2. Subs. by Act 19 of 1957, s. 4, for "clause (2) of section 2 of the Indian Companies Act, 1913 (7 of 1913)" (w.e.f. 8-6-1957). 3. Subs. by Act 32 of 1951, s. 16, for "outside the States of India" (w.e.f. 1-11-1951). 4. Subs. by Act 51 of 1974, s. 3, for "Banking Companies Act, 1949" (w.e.f. 13-12-1974). 5. Ins. by Act 61 of 1981, s. 61 and the Second Schedule (w.e.f. 12-7-1982). 6. Ins. by Act 32 of 1951, s. 16 (w.e.f. 1-11-1951). 7. Subs. by Act 51 of 1974, s. 12, for section 43 (w.e.f. 13-12-1974). 8. Subs. by Act 1 of 1984, s. 6, for "week" (w.e.f. 29-3-1985). 9. Ins. by Act 54 of 1953, s. 7 (w.e.f. 30-12-1953). 10. Ins. by Act 35 of 1962, s. 5 (w.e.f. 15-9-1962).