Section12
The Payment and Settlement Systems Act, 2007

Power to call for returns, documents or other information

In force From 12 Aug 2008 Act 51 of 2007 As on 20 Oct 2026

Act 51 of 2007 Ministry Finance Enacted 20 Dec 2007 In force 12 Aug 2008 Cited by 3 provisions

Section 12 of the Payment and Settlement Systems Act, 2007 deals with power to call for returns, documents or other information. The Reserve Bank may call for from any system provider such returns or documents as it may require or other information in regard to the operation of his payment system at such intervals, in such form and in such manner, as the Reserve Bank may require from time to time or as may be prescribed and s The Act came into force on 12 Aug 2008.

The Reserve Bank may call for from any system provider such returns or documents as it may require or other information in regard to the operation of his payment system at such intervals, in such form and in such manner, as the Reserve Bank may require from time to time or as may be prescribed and such order shall be complied with.

Section 12, The Payment and Settlement Systems Act, 2007 (Act 51 of 2007).

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 12

What does Section 12 of the Payment and Settlement Systems Act deal with?

Section 12 of the Payment and Settlement Systems Act is headed "Power to call for returns, documents or other information". The Reserve Bank may call for from any system provider such returns or documents as it may require or other information in regard to the operation of his payment system at such intervals, in such form and in such manner, as the Reserve Bank may require from time to time or as may be prescribed and s

How do I find court cases under Section 12 of the Payment and Settlement Systems 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: Payment and Settlement Systems Act 12, section 12 Payment and Settlement Systems Act, section 12 of the Payment and Settlement Systems 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 12 of the Payment and Settlement Systems Act, and has it changed?

3 other provisions in this corpus refer back to it.

When did Section 12 of the Payment and Settlement Systems Act come into force?

Section 12 of the Payment and Settlement Systems Act, cited as Payment and Settlement Systems Act 12, came into force on 12 Aug 2008, having been enacted on 20 Dec 2007. It is in force as at the date shown on this page.

Other sections of this Act

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 20 Oct 2026. This page is not a substitute for legal advice.