Section 22: Disqualifications for directorship of Central Board or membership of Local Boards or  Committees.

Q: What does Section 22 of The State Bank of India Act, 1955 (SBI Act) deal with?

Section 22 SBI Act pertains to "Disqualifications for directorship of Central Board or membership of Local Boards or Committees.". It is part of the The State Bank of India Act, 1955, a legislation enacted by the Parliament of India. Section 22 of The State Bank of India Act, 1955 (SBI Act) governs disqualifications for directorship of Central Board or membership of Local Boards or Committees. As verified on 22 May 2026.

Q: Is Section 22 SBI Act still in force?

Yes, Section 22 of the The State Bank of India Act, 1955 is currently in force across the Republic of India.

Q: What is धारा 22 SBI Act?

धारा 22 SBI Act is the Devanagari Hindi reference for Section 22 of the The State Bank of India Act, 1955. Section 22 of The State Bank of India Act, 1955 (SBI Act) governs disqualifications for directorship of Central Board or membership of Local Boards or Committees. As verified on 22 May 2026.

Q: What is Dhara 22 SBI Act?

Dhara 22 SBI Act is the Roman Hindi reference for Section 22 of the The State Bank of India Act, 1955. "Dhara" means "Section" in Hindi. Section 22 of The State Bank of India Act, 1955 (SBI Act) governs disqualifications for directorship of Central Board or membership of Local Boards or Committees. As verified on 22 May 2026.

Q: How to cite Section 22 of The State Bank of India Act, 1955?

Cite as: "Section 22, The State Bank of India Act, 1955 (SBI Act)" in legal briefs. For academic writing, use the BlueBook format: The State Bank of India Act, 1955, 1955, § 22 (India).

Law on Tips Editorial Board

(1) No person shall be qualified to be a director of the Central Board or a member of a Local Board or of a Local Committee if—

5[(da) in the case of a director appointed under clause (ca) or clause (cb) 6*** of section 19,—

7[(h) in the case of an elected director, he is not registered as a holder in his own right of unencumbered shares in the State Bank, either as sole holder or as first named holder when jointly held, of a nominal value of at least five thousand rupees.]

(2) No two persons who are partners of the same firm or are directors of the same private company or one of whom is an agent of the other or holds a power of attorney from a firm of which the other is a partner may be directors of the Central Board or members of the same Local Board or Local Committee at the same time.

(3) The appointment, nomination or election as director or member of a Local Board or of a Local Committee of any person who is a member of Parliament or the Legislature, of any State shall be void unless within two months of the date of his appointment, nomination or election he ceases to be a member of Parliament or the State Legislature, and if any director or member of a Local Board or of a Local Committee is elected or nominated as a member of Parliament or any State Legislature, he shall cease to be a director or member of the Local Board or of Local Committee as from the date of such election or nomination, as the case may be.

8[(4) In this section,—

1. The word “vice-chairman” omitted by s. 16, ibid. (w.e.f 15-9-2010). 2. Subs. by Act 26 of 1959, s. 2, for “or managing director” (w.e.f. 11-6-1976). 3. Ins. by Act 35 of 1964, s. 7 (w.e.f. 1-12-1964). 4. Subs. by Act 48 of 1973, s. 7, for “secretary and treasurer” (w.e.f. 26-6-1974). 5. Ins. by Act 48 of 1973, s. 7 (w.e.f. 26-6-1974). 6. The words, brackets and figure “of sub-section (1)” omitted by Act 3 of 1994, s. 13 (w.e.f. 15-10-1993). 7. Subs. by Act 27 of 2010, s. 16, for clause (h) (w.e.f. 15-9-2010). 8. Ins. by Act 26 of 1959, s. 2 (w.e.f. 28-8-1959). 9. Subs. by Act 3 of 1994, s. 13, for “Banking Companies Act, 1949” (w.e.f. 15-10-1993).