Section 45W: Part II not to apply to banking companies being wound up

Q: What does Section 45W of The Banking Regulation Act, 1949 (BR Act) deal with?

Section 45W BR Act pertains to "Part II not to apply to banking companies being wound up". It is part of the The Banking Regulation Act, 1949, a legislation enacted by the Parliament of India. Section 45W of The Banking Regulation Act, 1949 (BR Act) governs part II not to apply to banking companies being wound up. As verified on 19 May 2026.

Q: Is Section 45W BR Act still in force?

Yes, Section 45W of the The Banking Regulation Act, 1949 is currently in force across the Republic of India.

Q: What is धारा 45W BR Act?

धारा 45W BR Act is the Devanagari Hindi reference for Section 45W of the The Banking Regulation Act, 1949. Section 45W of The Banking Regulation Act, 1949 (BR Act) governs part II not to apply to banking companies being wound up. As verified on 19 May 2026.

Q: What is Dhara 45W BR Act?

Dhara 45W BR Act is the Roman Hindi reference for Section 45W of the The Banking Regulation Act, 1949. "Dhara" means "Section" in Hindi. Section 45W of The Banking Regulation Act, 1949 (BR Act) governs part II not to apply to banking companies being wound up. As verified on 19 May 2026.

Q: How to cite Section 45W of The Banking Regulation Act, 1949?

Cite as: "Section 45W, The Banking Regulation Act, 1949 (BR Act)" in legal briefs. For academic writing, use the BlueBook format: The Banking Regulation Act, 1949, § 45W (India).

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¹[45W. Part II not to apply to banking companies being wound up.—Nothing contained in Part II shall apply to a banking company which is being wound up.]

1. Subs. by Act 52 of 1953, s. 10, for Part IIIA (w.e.f. 30-12-1953).