The Bank Company Act, 1991. Act NO. 14 of 1991. An Act made to make provisions for banking companies. Whereas it is expedient to make provisions for banking companies therefore the following Act is hereby
Act came into force in 14 February, 1991. The provisions of this Act are in addition to and not in derogation of the Companies Act, 1994 and any other Act for the time being in force. under Bank Company Act, 1991 are termed as Scheduled Banks