BareLaws
SECTION

Section 5A — Act to override memorandum, articles, etc

From: The Banking Regulation Act, 1949

5A. Act to override memorandum, articles, etc .-Save as otherwise expressly provided in this Act,-

(a)the provisions of this Act shall have e ffect notwithstanding anything to the contrary contained in the memorandum or articles of a banking company, or in any agreement executed by it, or in any resolution passed by the banking company in general meeting or by its Board of