Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
URI: https://gptkb.org/entity/Banking_Companies_(Acquisition_and_Transfer_of_Undertakings)_Act,_1970
GPTKB entity
Statements (16)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:Act_of_Parliament
|
| gptkbp:affectedEntities |
14 major Indian commercial banks
|
| gptkbp:amendedBy |
Banking Companies (Acquisition and Transfer of Undertakings) Amendment Act, 1980
|
| gptkbp:country |
gptkb:India
|
| gptkbp:dateEnacted |
1970
|
| gptkbp:enactedBy |
gptkb:Parliament_of_India
|
| https://www.w3.org/2000/01/rdf-schema#label |
Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
|
| gptkbp:longTitle |
An Act to provide for the acquisition and transfer of the undertakings of certain banking companies, having regard to their size, resources, coverage and organization, in order to control the heights of the economy and to meet progressively, and serve better, the needs of development of the economy in conformity with national policy and objectives and for matters connected therewith or incidental thereto.
|
| gptkbp:purpose |
nationalization of major Indian banks
|
| gptkbp:relatedTo |
bank nationalization in India
|
| gptkbp:repealedBy |
not repealed
|
| gptkbp:shortName |
gptkb:Banking_Companies_(Acquisition_and_Transfer_of_Undertakings)_Act,_1970
|
| gptkbp:startDate |
19 July 1969
|
| gptkbp:status |
in force
|
| gptkbp:bfsParent |
gptkb:Public_Sector_Bank
|
| gptkbp:bfsLayer |
6
|