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Section 21 – The State Bank of Hyderabad Act,1956

The State Bank of Hyderabad Act,1956

Section 21. Casual vacancies among directors

(1) Where any vacancy occurs before the expiry of the term of office of a director nominated under clause (d) of sub-section (1) of section 12, the vacancy shall be filled by nominated by the Reserve Bank with the approval of the Central Government.

(2) A person nominated under sub-section (1) shall hold office for the unexpired portion of the term of his predecessor.

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The State Bank of Hyderabad Act,1956

Indian Laws – Bare Acts

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