Section 22: Trusts not to be entered on the register

Q: What does Section 22 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) deal with?

Section 22 TSBISBA pertains to "Trusts not to be entered on the register". It is part of the The State Bank of India (Subsidiary Banks) Act, 1959, a legislation enacted by the Parliament of India. Section 22 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs trusts not to be entered on the register. As verified on 19 May 2026.

Q: Is Section 22 TSBISBA still in force?

Yes, Section 22 of the The State Bank of India (Subsidiary Banks) Act, 1959 is currently in force across the Republic of India.

Q: What is धारा 22 TSBISBA?

धारा 22 TSBISBA is the Devanagari Hindi reference for Section 22 of the The State Bank of India (Subsidiary Banks) Act, 1959. Section 22 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs trusts not to be entered on the register. As verified on 19 May 2026.

Q: What is Dhara 22 TSBISBA?

Dhara 22 TSBISBA is the Roman Hindi reference for Section 22 of the The State Bank of India (Subsidiary Banks) Act, 1959. "Dhara" means "Section" in Hindi. Section 22 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs trusts not to be entered on the register. As verified on 19 May 2026.

Q: How to cite Section 22 of The State Bank of India (Subsidiary Banks) Act, 1959?

Cite as: "Section 22, The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA)" in legal briefs. For academic writing, use the BlueBook format: The State Bank of India (Subsidiary Banks) Act, 1959, § 22 (India).

Law on Tips Editorial Board

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[No notice of any trust,] [Substituted [Notwithstanding anything contained in section 19, no notice of any trust,] by Act 30 of 2007 (w.e.f. 18.6.2007) ] express, implied or constructive, shall be entered on the register of shareholders of a subsidiary bank or be receivable by it in respect of its shares.

[Provided that nothing in this section shall apply to a depository in respect of shares held by it as a registered owner on behalf of the beneficiary owners.

Explanation - For the purpose of section 21 section 21A and this section, the expression "beneficial owner ", "depository " and "registered owner " shall have the meanings respectively assigned to them in clauses (a), (e) and (j) of sub-section (1) of section 2 of the Depositories Act, 1996.] [Inserted by Depositories Related Laws (Amendment) Act (8 of 1997) S.8 (w.e.f. 15-1-1997) ]