State Bank of India (Amendment) Act,2010
Section 32. Amendment of Section 50
In Section 50 of the principal Act, in sub-section (2),-
(i)after clause (a), the following clauses shall be inserted, namely
“(ad) the procedure for increasing issued capital by the issue of equity or preference shares under sub-section (2) and the manner of accepting money for issued capital, forfeiture and re-issue of shares under sub-section (5), of Section 5;
(ab) the manner of nominating an individual by one individual under sub¬section (1), the manner of nominating an individual by the joint holders under sub-section (2), the manner of varying or cancellation of nomination under sub¬section (3), and the manner of nominating a minor under sub-section (4), of Section 10-A;”;
(ii)in clause (Jb), for the words “floppies or diskettes”, the words “floppies or diskettes or any other electronic form” shall be substituted.
