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Home › Indian Laws › Credit Information Companies (Regulation) Act, 2005 › Sections › Section 30 — Protection of action taken in good faith
Credit Information Companies (Regulation) Act, 2005 · Section guide

Section 30 — Protection of action taken in good faith

Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026

Chapter VIIIMiscellaneous

What this section provides

Provides statutory protection for specified actions taken in good faith under the Act or delegated framework. Good-faith protection is not a licence to ignore mandatory duties or act outside statutory authority. Decision records should show legal basis, facts considered and authorised purpose where reliance on statutory protection may become relevant.

← Section 29 — Obligations as to fidelity and secrecySection 31 — Bar of jurisdiction →

Finin2min summary — explanatory text. The official Act, Rules, Regulations and notifications control if there is any difference. Educational and research resource, not legal, regulatory, tax or investment advice; verify the instrument in force on the relevant date.