Banking Regulation Act, 1949
45F. Documents of banking company to be
evidence
(1) Entries in the books of account or other
documents of a banking company which is being wound up shall be admitted in
evidence in all 239[legal proceedings] and all such entries may be proved
either by the production of the books of account or other documents of the
banking company containing such entries or by the production of a copy of the
entries, certified by the official liquidator under his signature and stating
that it is a true copy of the original entries and that such original entries
are contained in the books of account or other documents of the banking company
in his possession.
(2) Notwithstanding anything to the contrary
contained in the Indian Evidence Act, 1872 (1 of 1872), all such entries in the
books of account or other documents of a banking company shall, as against the
Directors 216[officers and other employees] of the banking company in respect
of which the winding up order has been made 240[* * *], be prima facie evidence
of the truth of all matters purporting to be therein recorded.