(1) Where a banking company is required by its customer to return to him a paid instrument before the expiry of the period specified by rules made under section 45Y, the banking company shall not return the instrument except after making and keeping in its possession a true copy of all relevant parts of such instrument, such copy being made by a mechanical or other process which in itself ensures the accuracy of the copy.
(2) The banking company shall be entitled to recover from the customer the cost of making such copies of the instrument.
Explanation
In this section, "customer" includes a Government department and a corporation incorporated by or under any law.
Section 45O Special period of limitation
Section 45P Reserve Bank to tender advice in winding up proceedings
Section 45R Power to call for returns and information
Section 45T Enforcement of orders and decisions of High Court
Section 45U Power of High Court to make rules
Section 45x Validation of certain proceedings
Section 45y Power of Central Government to make rules for the preservation of records
Section 45z Return of paid instruments to customers
Section 45za Nomination for payment of depositors money
Section 45zb Notice of claims of other persons regarding deposits not receivable
Section 45zc Nomination for return of articles kept in safe custody with banking company
Section 45zd Notice of claims of other persons regarding articles not receivable
Section 45ze Release contents of safety Release of lockers
Section 45zf Notice of claims of other persons regarding safety lockers not receivable