# The Banking Regulation Act, 1949, Section 47: Cognizance of offences

- Act: The Banking Regulation Act, 1949 (Act 10 of 1949)
- In force from: 1949-03-16
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/banking-regulation-act-1949/section/47/

## Text

No Court shall take cognizance of any offence punishable under 1[sub-section (5) of section 36AA or] section 46 except upon complaint in writing made by an officer of 2[the Reserve Bank or, as the case may be, the National Bank] generally or specially authorized in writing in this behalf by 3[the Reserve Bank or, as the case may be, the National Bank], and 3[no court other than that of a Metropolitan Magistrate or a Judicial Magistrate of the first class or any court superior thereto] shall try any such offence.

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