Section 32: Annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government

Q: What does Section 32 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) deal with?

Section 32 DICGC Act pertains to "Annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government". It is part of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961, a legislation enacted by the Parliament of India. Section 32 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government. As verified on 19 May 2026.

Q: Is Section 32 DICGC Act still in force?

Yes, Section 32 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is currently in force across the Republic of India.

Q: What is धारा 32 DICGC Act?

धारा 32 DICGC Act is the Devanagari Hindi reference for Section 32 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. Section 32 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government. As verified on 19 May 2026.

Q: What is Dhara 32 DICGC Act?

Dhara 32 DICGC Act is the Roman Hindi reference for Section 32 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. "Dhara" means "Section" in Hindi. Section 32 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government. As verified on 19 May 2026.

Q: How to cite Section 32 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961?

Cite as: "Section 32, The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)" in legal briefs. For academic writing, use the BlueBook format: The Deposit Insurance and Credit Guarantee Corporation Act, 1961, § 32 (India).

Law on Tips Editorial Board

Thursday, 21 May 2026

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Table of Contents

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

Chapter IVF — unds, Accounts And Audit

Section 32

Annual accounts and reports. - (1) The Corporation shall furnish to the Reserve Bank within three months from the date on which its accounts are balanced and closed the balance-sheet and accounts together with the auditor's report and a report of the working of the Corporation during the year and copies of the said balance-sheet and accounts and reports shall be furnished by the Corporation to the Central Government

(2)

The Central Government shall cause every auditor's report and report of the working of the Corporation to be laid [as soon as may be after they are received before each House of Parliament [* * * *].