Section 36AI of the Banking Regulation Act, 1949 – Tribunal to have powers of a civil court

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Section 36AI: Tribunal to have powers of a civil court

1[36AI. Tribunal to have powers of a civil court.– (1) The Tribunal shall have the powers of a civil court, while trying a suit, under the Code of Civil Procedure, 1908 (5 of 1908), in respect of the following matters, namely:–

  • (a) summoning and enforcing the attendance of any person and examining him on oath;
  • (b) requiring the discovery and production of documents;
  • (c) receiving evidence on affidavits;
  • (d) issuing commissions for the examination of witnesses or documents.
  • (2) Notwithstanding anything contained in sub-section (1), or in any other law for the time being in force, the Tribunal shall not compel the Central Government or the Reserve Bank,–
    • (a) to produce any books of account or other documents which the Central Government, or the Reserve Bank, claims to be of a confidential nature;
    • (b) to make any such books or documents part of the record of the proceedings before the Tribunal; or
    • (c) to give inspection of any such books or documents to any party before it or to any other person.]

Source: official text of The Banking Regulation Act, 1949 as published on India Code (PDF). All sections of the Banking Regulation Act, 1949.

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