The Small Industries Development Bank of India Act, 1989
45. Protection of action
taken under this Act
No suit or other legal proceeding shall lie
against the Small Industries Bank, Chairman or any Director or any officer or
other employee of such Bank or any other person authorised by that Bank to
discharge any functions under this Act for any loss or damage caused or likely
to be caused by anything which is in good faith done or intended to be done in
pursuance of this Act or any other law or provision having the force of law.