# 50 Certain claims for compensation barre
No person shall have any right, whether in contract or otherwise, to any compensation for any loss incurred by reason of the operation of any of the provisions 1[contained in sections 10, 12A, 16, 35A, 35B, 2[36, 43A and 45] or by reason of the compliance by a banking company with any order or direction given to it under this Act].
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1. Subs. by Act 95 of 1956, s. 12, for certain words (w.e.f. 14-1-1957).
2. Subs. by Act 37 of 1960, s. 8, for "and 36" (w.e.f. 19-9-1960)
MISCELLANEOUS
49
Special provisions for private banking companies49A
Restriction on acceptance of deposits withdrawable by cheque49B
Change of name by a banking company49C
Alteration of memorandum of a banking company51
Application of certain provisions to the State Bank of India and other notified banks52
Power of Central Government to make rules53
Power to exempt in certain cases
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