Section 7: Meetings of Board. - (1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed

Q: What does Section 7 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) deal with?

Section 7 DICGC Act pertains to "Meetings of Board. - (1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed". It is part of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961, a legislation enacted by the Parliament of India. Section 7 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs meetings of Board. - (1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed. As verified on 19 May 2026.

Q: Is Section 7 DICGC Act still in force?

Yes, Section 7 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is currently in force across the Republic of India.

Q: What is धारा 7 DICGC Act?

धारा 7 DICGC Act is the Devanagari Hindi reference for Section 7 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. Section 7 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs meetings of Board. - (1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed. As verified on 19 May 2026.

Q: What is Dhara 7 DICGC Act?

Dhara 7 DICGC Act is the Roman Hindi reference for Section 7 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. "Dhara" means "Section" in Hindi. Section 7 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs meetings of Board. - (1) The Board shall meet at such times and places and shall observe such rules of procedure in regard to the transaction of business at its meetings as may be prescribed. As verified on 19 May 2026.

Q: How to cite Section 7 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961?

Cite as: "Section 7, The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)" in legal briefs. For academic writing, use the BlueBook format: The Deposit Insurance and Credit Guarantee Corporation Act, 1961, § 7 (India).

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(2)

The Chairman or, if for any reason he is unable to attend, the director nominated under clause (b) of sub-section (1) of section 6 shall preside at meetings of the Board and, in the event of equality of votes, shall have a second or casting vote.