Section 14: [Omitted.] General meetings

Current legal status

Section 14 on general meetings is omitted and has no current operative content.

Historic copies may retain the heading, but modern RBI governance does not depend on a shareholder general-meeting procedure under this section.

Historical reading note

Historical research should identify when and why the general-meeting model ceased to be relevant after RBI's ownership/governance changes.

Illustration. An old textbook instruction to call a general meeting under Section 14 should be flagged as superseded historical material.

Compliance points and common mistakes

• Do not decide the issue from the heading alone. Map the facts to the operative words of Section 14 and to each relevant subsection, clause, proviso or explanation shown above.
• Keep the statutory question separate from the operational overlay. Use current Central Board governance provisions and applicable regulations instead of treating the omitted section as a live meeting requirement.
• Do not convert an exception, exemption or discretionary RBI/Government power into an automatic entitlement. Record the authority, conditions and effective date.
• Where the provision is historical, omitted or repealed, state that status prominently and do not present it as a current compliance obligation.

Connected provisions and instruments

Questions and answers

Primary sources

• Department of Financial Services - consolidated RBI Act (states amendments through Finance Act, 2022)
• India Code - Reserve Bank of India Act, 1934