In force · As amended up to 2026-08
26. Return of unclaimed deposits .— Every banking company shall, within thirty days after the close of each calendar year, submit a return in the prescribed form and manner to the Reserve Bank as at the end of such calendar year of all accounts[11] [in India] which have not been operated upon for ten years,[12] *:
1. Subs. by Act 16 of 2025, s. 7, for certain words (w.e.f. 15-12-2025).
2. Subs. by s. 7, ibid., for "subsequent alternate Friday" (w.e.f. 15-12-2025).
3. The words, brackets and letter "clause (a) of" omitted by Act 4 of 2013, s. 7 (w.e.f. 18-1-2013).
4. Subs. by Act 33 of 1959, s. 16, for sub-sections (1) and (2) (w.e.f. 1-10-1959).
5. Subs. by Act 16 of 2025, s. 8, for "last Friday of every quarter or, if that Friday" (w.e.f. 15-12-2025).
6. Subs. by s. 8, ibid ., for "last Friday of the previous quarter, or, if that Friday" (w.e.f. 15-12-2025).
7. Ins. by Act 61 of 1981, s. 61 and Sch. II (w.e.f. 1-5-1982).
8. Subs. by Act 20 of 1950, s. 7, for clause (a) (w.e.f. 18-3-1950).
9. Ins. by Act 33 of 1959, s. 16 (w.e.f. 1-10-1959).
10. Cl. (b) relettered as clause (c) by s. 16, ibid. (w.e.f. 1-10-1959).
11. Subs. by Act 20 of 1950, s. 3, for "in the States" (w.e.f.18-3-1950).
Source: India Code