Part IIA to override other laws
Section 36AC of the Banking Regulation Act, 1949 deals with part IIA to override other laws. Any appointment or removal of a director, chief executive officer or other officer or employee in pursuance of section 36AA or section 36AB shall have effect notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or any other law for the time being in force or in The Act came into force on 16 Mar 1949.
1[36AC. Part IIA to override other laws.--Any appointment or removal of a director, chief executive officer or other officer or employee in pursuance of section 36AA or section 36AB shall have effect notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or any other law for the time being in force or in any contract or any other instrument.]
Section 36AC, The Banking Regulation Act, 1949 (Act 10 of 1949).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 36AC
What does Section 36AC of the Banking Regulation Act deal with?
Section 36AC of the Banking Regulation Act is headed "Part IIA to override other laws". [36AC. Part IIA to override other laws.--Any appointment or removal of a director, chief executive officer or other officer or employee in pursuance of section 36AA or section 36AB shall have effect notwithstanding anything to the contrary contained in the Companies Act, 1956 (1 of 1956), or any oth
How do I find court cases under Section 36AC of the Banking Regulation Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Banking Regulation Act 1949 36AC, section 36AC Banking Regulation Act 1949, section 36AC of the Banking Regulation Act. People searching for it also type section 36ac of banking regulation act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 36AC of the Banking Regulation Act, and has it changed?
Its own text turns on section 36AA (Power of Reserve Bank to remove managerial and other persons from office), section 36AB (Power of Reserve Bank to appoint additional directors), so none of them can safely be read on its own.
When did Section 36AC of the Banking Regulation Act come into force?
Section 36AC of the Banking Regulation Act, cited as Banking Regulation Act 1949 36AC, came into force on 16 Mar 1949, having been enacted on 10 Mar 1949. It is in force as at the date shown on this page.
Other sections of this Act
- 56. Act to apply to co-operative societies subject to modifications5544 words
- 45. Power of Reserve Bank to apply to Central Government for suspension of business by a banking company and to prepare scheme of reconstitution or amalgamation2310 words
- 10B. Banking company to be managed by whole time chairman1171 words
- 5. Interpretation1164 words
- 43A. Preferential payments to depositors1031 words
- 11. Requirement as to minimum paid-up capital and reserves988 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 22 Oct 2026. This page is not a substitute for legal advice.