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NOTIFICATION REGARDING THE DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION (AMENDMENT) ACT, 2021 (DATED - 13.08.2021)

Updated on:13th Aug, 2021
This notification has come into effect on 13.08.2021. In section 2 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (hereinafter referred to as the principal Act), (i) in clause (f), (a) in sub-clause (viii), for the words "competent Court", the words "competent Court; or" shall be substituted; (b) after sub-clause (viii), the following sub-clause shall be inserted, namely: "(ix) in respect of which any direction, prohibition, order or scheme referred to in sub-section (1) of section 18A is issued or made;"; (ii) in clause (ff), (a) in sub-clause (viii), for the words "in a State.", the words "in a State; or" shall be substituted; (b) after sub-clause (viii), the following sub-clause shall be inserted, namely: "(ix) in respect of which any direction, prohibition, order or scheme referred to in sub-section (1) of section 18A is issued or made;". In section 15 of the principal Act, in sub-section (1), in second proviso, substitutions was made. After section 18 of the principal Act, some insertions made. Various insertions and substitutions made. ETC.,
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