The Reserve Bank of India Act, 1934 · III — CENTRAL BANKING FUNCTIONS

Section 45F. Certain claims for compensation barred

In force · As amended up to 2026-08

45F. Certain claims for compensation barred.— No person shall have any right, whether in contract or otherwise, to any compensation for any loss incurred by reason of the operation of any of the provisions of this Chapter. 45G. [ Penalties ]. — Omitted by the Reserve Bank of India (Amendment) Act , 1974 (51 of l974), s . 15 ( w.e.f. 13-12-1974).] 1[CHAPTER IIIB PROVISIONS RELATING TO NON-BANKING INSTITUTIONS RECEIVING DEPOSITS AND FINANCIALINSTITUTIONS

Source: India Code