Companies Act, 1956
Sec 251 - Saving for legal advisers and bankers.
Nothing in sections 234 to 247 and 250 shall require the
disclosure to Company Law Board or to the Central Government or to the
Registrar or to an Inspector appointed by Central Government
(a) by a legal adviser, of any privileged
communication made to him in that capacity, except as respects the name and
address of his client ; or
(b) by the bankers of any company, body
corporate or other person, referred to in the sections aforesaid, as such
bankers, of any information as to the affairs of any of their customers other
than such company, body corporate or person.