The Presidency Banks Act 1876, 11 of 1876, (Rep., Act 47 of 1920) · VII — .

Section 32. The directors shall have power

Repealed or not in force · As amended up to 2026-08

CHAPTER VII. OFFICERS OF THE BANK. Appointment, salaries, suspension and removal of officers. 32. The directors shall have power— - to appoint such officers, clerks and servants as may be necessary to conduct the business of the Bank, - to grant salaries, pensions and other emoluments to such officers, clerks and servants, and - to suspend or remove any officer, clerk or servant of the Bank. 33. The 1876.] Presidency Banks.

Source: India Code