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Section 45 – The Small Industries Development Bank of India Act,1989

The Small Industries Development Bank of India Act,1989

Section 45. Protection of action taken under this Act

No suit or other legal proceeding shall lie against the Small Industries Bank, Chairman or any Director or any officer or other employee of such Bank or any other person authorised by that Bank to discharge any functions under this Act for any loss or damage caused or likely to be caused by anything which is in good faith done or intended to be done in pursuance of this Act or any other law or provision having the force of law.

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The Small Industries Development Bank of India Act,1989

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