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Indian Law - Bare Acts India
Banking Law -
AGRICULTURAL REFINANCE AND DEVELOPMENT CORPORATION ACT, 1963


 

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3A. Change of name of 'Agricultural Refinance Corporation'
 

(1) On the commencement of the Agricultural Refinance Corporation (Amendment) Act, 1975, the Corporation established under Section .9-and known as the Agricultural Refinance Corporation shall be renamed as the Agricultural Refinance and Development Corporation.

(2) The change of name of Agricultural Refinance Corporation by sub-section (1) shall not-

 

(a) affect any right or obligation of that Corporation subsisting immediately before the commencement of the Agricultural Refinance Corporation (Amendment) Act, 1975;

(b) render defective any suit or other legal proceeding pending, immediately before such commencement, by or against the Corporation in its former name; and

(c) affect the institution, continuation or commencement of any suit or other legal proceeding which could have been instituted, continued or commenced, by or against that Corporation in its former name before such commencement.]

 

 



 
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