Repealed or not in force · As amended up to 2026-08
22. Corporation to consist of registered proprietors or shareholders only.
Notice of trusts.
Shares vested in several holders.
22. The proprietors and shareholders for the time being, and no other persons, shall be members respectively of the bodies corporate hereby constituted, and, except for the purpose of excluding the provisions of section seventeen, the Bank shall not be bound
Source: India Code