Section 36A: Certain provisions of the Act not to apply to certain banking companies.

Q: What does Section 36A of The Banking Regulation Act, 1949 (BR Act) deal with?

Section 36A BR Act pertains to "Certain provisions of the Act not to apply to certain banking companies.". It is part of the The Banking Regulation Act, 1949, a legislation enacted by the Parliament of India. Section 36A of The Banking Regulation Act, 1949 (BR Act) governs certain provisions of the Act not to apply to certain banking companies. As verified on 22 May 2026.

Q: Is Section 36A BR Act still in force?

Yes, Section 36A of the The Banking Regulation Act, 1949 is currently in force across the Republic of India.

Q: What is धारा 36A BR Act?

धारा 36A BR Act is the Devanagari Hindi reference for Section 36A of the The Banking Regulation Act, 1949. Section 36A of The Banking Regulation Act, 1949 (BR Act) governs certain provisions of the Act not to apply to certain banking companies. As verified on 22 May 2026.

Q: What is Dhara 36A BR Act?

Dhara 36A BR Act is the Roman Hindi reference for Section 36A of the The Banking Regulation Act, 1949. "Dhara" means "Section" in Hindi. Section 36A of The Banking Regulation Act, 1949 (BR Act) governs certain provisions of the Act not to apply to certain banking companies. As verified on 22 May 2026.

Q: How to cite Section 36A of The Banking Regulation Act, 1949?

Cite as: "Section 36A, The Banking Regulation Act, 1949 (BR Act)" in legal briefs. For academic writing, use the BlueBook format: The Banking Regulation Act, 1949, 1949, § 36A (India).

Law on Tips Editorial Board

1[36A. Certain provisions of the Act not to apply to certain banking companies.—(1) The provisions of section 11, sub-section (1) of section 12, and sections 17, 18, 24 and 25 shall not apply to a banking company—

(2) Where the Reserve Bank is satisfied that any such banking company as is referred to in sub-section (1) has repaid, or has made adequate provision for repaying all deposits accepted by the banking company, either in full or to the maximum extent possible, the Reserve Bank may, by notice published in the Official Gazette, notify that the banking company has ceased to be a banking company within the meaning of this Act, and thereupon all the provisions of this Act applicable to such banking company shall cease to apply to it, except as respects things done or omitted to be done before such notice.] 1. Ins. by Act 33 of 1959, s. 23 (w.e.f. 1-10-1959).