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Section 39 - National Bank for Financing Infrastructure and Development Act, 2021
39. Adjudication.-
(1) The Board shall make regulations for setting up a mechanism for the purpose of determining the penalties specified under sub-section (5) of section 16 and sub-section (5) of section 19.
(2) The regulations shall provide for a reasonable opportunity of being heard to the director or an employee against whom a complaint is made for violating the provisions of section 16 or section 19, as the case may be, and a right to prefer an appeal against any order imposing the penalty.
Related Sections
Related Acts
- Aadhaar (Targeted Delivery of Financial and other Subsidies, Benefits and Services) Act, 2016
- Payment of Gratuity (Amendment) Act, 2018
- National Institutes of Technology, Science Education and Research (Amendment) Act, 2017
- Indian Institutes of Information Technology (Amendment) Act, 2017
- Coal Mines (Special Provisions) Act, 2015
* Only for reference.