The Banking Regulation Act,1949
Section 39A. Application of Companies Act to liquidators
1[Application of Companies Act to liquidators. (1) All the provisions of the Companies Act,1956 (1 of 1956), relating to a liquidator, in so far as they are not inconsistent with this Act, shall apply to or in relation to a liquidator appointed under section 38A or section 39.
(2) Any reference to the “official liquidator” in this Part and Part IIIA shall be construed as including a reference to any liquidator of a banking company.]
1. Inserted by 33 of 1959, Section 28 w.e.f. 1-10-1959.