| THE
STATE FINANCIAL CORPORATIONS ACT, 1951
THE
STATE FINANCIAL CORPORATIONS (AMENDMENT) ACT, 2000
Full
Text of the Amendment Act
Sectionwise
links :
1.
Short
title
2.
Amendment
of section 2
3.
Amendment
of section 3
4.
Amendment
of section 4
5.
Insertion
of new sections 4D to 4H
(i)
Issue
of redeemable preference shares
(ii)
Reduction
of share capital
(iii)
Restriction
on exercising of voting right
(iv)
Proxy
voting
(v)
Transfer
of share capital to Small Industries Bank
6. Substitution
of new sections for sections 5 to 10
(a)
Transfer
of shares
(b)
Conversion
of shares guaranteed by state government
(c)
Additional
capital of Financial Corporation and borrowing power
(d)
Deposits
with Financial Corporation
(e)
Management
(f)
Board
of directors
7.
Omission
of section 10A
8.
Substitution
of new sections for section 11 and 12
9.
Amendment
of section 13
10.Amendment
of section 14
11.Substitution
of new section for section 15
12.Amendment
of section 17
13.Substitution
of new section for section 18
14.Amendment
of section 19
15.Amendment
of section 23
16.Amendment
of section 25
17.Insertion
of new section 25 B
18.Substitution
of new section for section 26
19.Amendment
of section 28
20.Substitution
of new section for section 34
21.Amendment
of section 35
22.Amendment
of section 36
23.Amendment
of section 37
24.Amendment
of section 38
25.Amendment
of section 39
26.Amendment
of section 40
27.Insertion
of new section 41 B
28.Amendment
of section 43
29.Amendment
of section 46 A
30.Omission
of section 47
31.Amendment
of section 48
32.Amendment
of section 48 A
33.Insertion
of new section 48 B
STATE
FINANCIAL CORPORATION'S RESTRUCTURING COMMITTEE
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