Section19
The Payment and Settlement Systems Act, 2007

Directions of Reserve Bank to be complied with

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

Section 19 of the Payment and Settlement Systems Act, 2007 deals with directions of Reserve Bank to be complied with. Every person to whom a direction has been issued by the Reserve Bank under this Act shall comply with such direction without any delay and a report of compliance shall be furnished to the Reserve Bank within the time allowed by it. The Act came into force on 12 Aug 2008.

Every person to whom a direction has been issued by the Reserve Bank under this Act shall comply with such direction without any delay and a report of compliance shall be furnished to the Reserve Bank within the time allowed by it.

Section 19, The Payment and Settlement Systems Act, 2007 (Act 51 of 2007).

Questions about Section 19

What does Section 19 of the Payment and Settlement Systems Act deal with?

Section 19 of the Payment and Settlement Systems Act is headed "Directions of Reserve Bank to be complied with". Every person to whom a direction has been issued by the Reserve Bank under this Act shall comply with such direction without any delay and a report of compliance shall be furnished to the Reserve Bank within the time allowed by it.

How do I find court cases under Section 19 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 19, section 19 Payment and Settlement Systems Act, section 19 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.

When did Section 19 of the Payment and Settlement Systems Act come into force?

Section 19 of the Payment and Settlement Systems Act, cited as Payment and Settlement Systems Act 19, 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.