Section 33B: Power of National Housing Bank to file winding up petition.

Q: What does Section 33B of The National Housing Bank Act, 1987 (NHB Act) deal with?

Section 33B NHB Act pertains to "Power of National Housing Bank to file winding up petition.". It is part of the The National Housing Bank Act, 1987, a legislation enacted by the Parliament of India. Section 33B of The National Housing Bank Act, 1987 (NHB Act) governs power of National Housing Bank to file winding up petition. As verified on 22 May 2026.

Q: Is Section 33B NHB Act still in force?

Yes, Section 33B of the The National Housing Bank Act, 1987 is currently in force across the Republic of India.

Q: What is धारा 33B NHB Act?

धारा 33B NHB Act is the Devanagari Hindi reference for Section 33B of the The National Housing Bank Act, 1987. Section 33B of The National Housing Bank Act, 1987 (NHB Act) governs power of National Housing Bank to file winding up petition. As verified on 22 May 2026.

Q: What is Dhara 33B NHB Act?

Dhara 33B NHB Act is the Roman Hindi reference for Section 33B of the The National Housing Bank Act, 1987. "Dhara" means "Section" in Hindi. Section 33B of The National Housing Bank Act, 1987 (NHB Act) governs power of National Housing Bank to file winding up petition. As verified on 22 May 2026.

Q: How to cite Section 33B of The National Housing Bank Act, 1987?

Cite as: "Section 33B, The National Housing Bank Act, 1987 (NHB Act)" in legal briefs. For academic writing, use the BlueBook format: The National Housing Bank Act, 1987, 1987, § 33B (India).

Law on Tips Editorial Board

1[33B. Power of National Housing Bank to file winding up petition.—(1) The National Housing Bank, on being satisfied that a housing finance institution which is a company,—

(2) A housing finance institution which is a company shall be deemed to be unable to pay its debt if it has refused or has failed to meet within five working days any lawful demand made at any of its offices or branches and the National Housing Bank certifies in writing that such company is unable to pay its debt.

(3) A copy of every application made by the National Housing Bank under sub-section (1) shall be sent to 3[the Registrar of Companies and the Reserve Bank].

(4) All the provisions of the 3[Companies Act, 2013 (18 of 2013)] relating to winding up of a company shall apply to a winding up proceeding initiated on the application made by the National Housing Bank under this provision.]

1. Subs. by s. 162,ibid., for section 33A (w.e.f. 09-08-2019).

2. Subs. by Act 23 of 2019, s. 163, for “the National Housing Bank” (w.e.f. 09-08-2019).

3. Subs. by Act 13 of 2018, s. 171, for “Companies Act, 1956 (1 of 1956)” (w.e.f. 1-6-2018).