
 Union of India - Act
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 The Banking Companies (Amendment)  Act, 1956
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 UNION OF INDIA
   
 India
 
 The Banking Companies (Amendment)  Act, 1956
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 Act 95 of 1956
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* Published on 1 January 1956
* Commenced on 1 January 1956
 An Act further to amend the Banking Companies Act, 1949.
 
### 1. Short title and commencement.-
(1) This Act may be called the Banking Companies (Amendment) Act, 1956 .
 
(2) It shall come into force on such date
 2 
 as the Central Government may, by notification in the Official Gazette, appoint. 2 to Amendments to the Banking Companies Act, 1949 . 2 to 13.[ Amendments to the Banking Companies Act, 1949 .] Rep. by the Repealing and Amending Act, 1960 (58 of 1960 ), s. 2 and Sch. I.
 
### 14. Other miscellaneous amendments.-
 The principal Act shall be further amended in the manner specified in the Schedule: Provided that the amendments specified in the Schedule relating to section 2 and to the sections contained in Part III and Part IIIA of the principal Act shall not apply to a banking company the winding up of which commenced before the 1st day of April, 1956 , and the provisions of the principal Act shall apply to such banking company as if the amendments aforesaid had not been made.
 

