Section 48. Act 18 of 1891 to apply in relation to Small Industries Bank

48. Act 18 of 1891 to apply in relation to Small Industries Bank. —The Bankers' Books Evidence Act, 1891 shall apply in relation to Small Industries Bank as if it were a bank as defined in section 2 of that Act. — 49. Act 10 of 1949 not to apply to Small Industries Bank. Nothing contained in the Banking Regulation Act, 1949, except section 34A and section 36AD thereof, shall apply to the Small Industries Bank. 50. [ Act 43 of 1961 not to apply to Small Industries Bank .]— Omitted by the Finance Act , 2001 (14 of 2001), s . 142 ( w.e.f. 1-4-2002). — 51. Liquidation of Small Industries Bank. No provision of law relating to the winding up of companies or corporations shall apply to the Small Industries Bank and that Bank shall not be placed in liquidation save by order of the Central Government and in such manner as it may direct.