Section 43: Validity of loan or advance not to be questioned .-Notwithstanding anything to the contrary contained in any other law for the time being in force, the validity of any loan or advance granted by the Small Industries Bank in pursuance of the provisions of this Act shall not be called in question merely on the ground of non-compliance with the requirements of such other law as aforesaid or of any resolution, contract, memorandum, articles of association or other instrument:

Q: What does Section 43 of The Small Industries Development Bank of India Act, 1989 (SIDBI Act) deal with?

Section 43 SIDBI Act pertains to "Validity of loan or advance not to be questioned .-Notwithstanding anything to the contrary contained in any other law for the time being in force, the validity of any loan or advance granted by the Small Industries Bank in pursuance of the provisions of this Act shall not be called in question merely on the ground of non-compliance with the requirements of such other law as aforesaid or of any resolution, contract, memorandum, articles of association or other instrument:". It is part of the The Small Industries Development Bank of India Act, 1989, a legislation enacted by the Parliament of India. Section 43 of The Small Industries Development Bank of India Act, 1989 (SIDBI Act) prohibits validity of loan or advance not to be questioned .-Notwithstanding anything to the contrary contained in any other law for the time being in force, the validity of any loan or advance granted by the Small Industries Bank in pursuance of the provisions of this Act shall not be called in question merely on the ground of non-compliance with the requirements of such other law as aforesaid or of any resolution, contract, memorandum, articles of association or other instrument:. As verified on 19 May 2026.

Q: Is Section 43 SIDBI Act still in force?

Yes, Section 43 of the The Small Industries Development Bank of India Act, 1989 is currently in force across the Republic of India.

Q: What is धारा 43 SIDBI Act?

धारा 43 SIDBI Act is the Devanagari Hindi reference for Section 43 of the The Small Industries Development Bank of India Act, 1989. Section 43 of The Small Industries Development Bank of India Act, 1989 (SIDBI Act) prohibits validity of loan or advance not to be questioned .-Notwithstanding anything to the contrary contained in any other law for the time being in force, the validity of any loan or advance granted by the Small Industries Bank in pursuance of the provisions of this Act shall not be called in question merely on the ground of non-compliance with the requirements of such other law as aforesaid or of any resolution, contract, memorandum, articles of association or other instrument:. As verified on 19 May 2026.

Q: What is Dhara 43 SIDBI Act?

Dhara 43 SIDBI Act is the Roman Hindi reference for Section 43 of the The Small Industries Development Bank of India Act, 1989. "Dhara" means "Section" in Hindi. Section 43 of The Small Industries Development Bank of India Act, 1989 (SIDBI Act) prohibits validity of loan or advance not to be questioned .-Notwithstanding anything to the contrary contained in any other law for the time being in force, the validity of any loan or advance granted by the Small Industries Bank in pursuance of the provisions of this Act shall not be called in question merely on the ground of non-compliance with the requirements of such other law as aforesaid or of any resolution, contract, memorandum, articles of association or other instrument:. As verified on 19 May 2026.

Q: How to cite Section 43 of The Small Industries Development Bank of India Act, 1989?

Cite as: "Section 43, The Small Industries Development Bank of India Act, 1989 (SIDBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Small Industries Development Bank of India Act, 1989, § 43 (India).

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Provided that nothing in this section shall render valid any loan or advance obtained by any company or co-operative society where such company or co-operative society is not empowered by its memorandum to obtain loans or advances.