Chapter IIIB - PROVISIONS RELATING TO NON-BANKING INSTITUTIONS RECEIVING DEPOSITS AND FINANCIAL INSTITUTIONS Flashcards
Section 45H
Chapter IIIB not to apply in certain cases
Section 45I
Definitions
Section 45IA
Requirement of registration and net owned fund
Section 45IB
Maintenance of percentage of assets
Section 45IC
Reserve fund
Section 45ID
Power of Bank to remove directors from office
Section 45IE
Supersession of Board of directors of non-banking financial company (other than Government Company)
Section 45J
Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money
Section 45JA
Power of Bank to determine policy and issue directions
Section 45K
Power of Bank to collect information from non-banking institutions as to deposits and to give directions
Section 45L
Power of Bank to call for information from financial institutions and to give directions
Section 45M
Duty of non-banking institutions to furnish statements, etc, required by Bank
Section 45MA
Powers and duties of auditors
Section 45MAA
Powers to take action against auditors
Section 45MB
Power of Bank to prohibit acceptance of deposit and alienation of assets
Section 45MBA
Resolution of non-banking financial company
Section 45MC
Power of Bank to file winding up petition
Section 45N
Inspection
Section 45NA
Deposits not to be solicited by unauthorized person
Section 45NAA
Power in respect of group companies
Section 45NB
Disclosure of information
Section 45NC
Power of Bank to exempt
Section 45Q
Chapter IIIB to override other laws
Section 45QA
Power of Company Law Board to offer repayment of deposit
