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Amendment of section 45A

Clause 173 - Bills - AMENDMENTS TO THE NATIONAL HOUSING BANK ACT, 1987 - Bill - Clause 173 - 173. . In section 45A of the principal Act, in sub-section (1), for the words and figures Companies Act, 1956 (1 of 1956) , the words and figures Companies A .....

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erence of Reserve Bank with Central Government. It is proposed to transfer the ownership of the National Housing Bank from the Reserve Bank of India to the Central Government. It is further proposed to amend sub-section (3) of section 3 of the said A .....

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Central Government to increase the authorised capital up to two thousand crore rupees or such other amount as it may determine, by notification. It is also proposed to insert a new sub-section (3) in the said section relating to transfer of subscribe .....

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