The Deposit Insurance and Credit Guarantee Corporation Act, 1961
Section 4. Capital of Corporation.
1[4. Capital of Corporation.--(1) The authorised capital of the Corporation shall be one crore of rupees but the Central Government may, in consultation with the Reserve Bank, increase such capital from time to time, so, however, that the total authorised capital shall not exceed 2[fifty crores of rupees].
(2) The 3[issued capital] for the time being of the Corporation shall be fully paid-up and shall stand allotted to the Reserve Bank.]
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
Cases citing this section
No order or office report we hold cites this section yet.
Source: Order and office-report PDFs whose text cites the section, read by rule (document_citations); each case through its orders and office reports that carry the PDF