The State Bank of Sikkim (Acquisition of Shares) and Miscellaneous Provisions Act, 1982

Section 4. Vesting of undertaking of Sikkim Bank

In force · As amended up to 2026-08

4. Vesting of undertaking of Sikkim Bank. On the appointed day, the undertakings of the Sikkim Bank shall, by virtue of this Act, stand transferred to, and shall vest in, the Central Government.

Source: India Code