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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
- Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Act, 2019
- Regional Centre for Biotechnology Act, 2016
- Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Act, 2019
- Direct Tax Vivad Se Vishwas Act, 2020
- Footwear Design and Development Institute Act, 2017
* Only for reference.