State Financial Corporations Act, 1951
46B. Effect of Act on other laws
The provision of this Act and of any rule or orders made
thereunder shall have effect notwithstanding anything inconsistent therewith
contained in any other law for the time being in force or in the Memorandum or
Articles of Association of an industrial concern or in any other instrument
having effect by virtue of any law other than this Act, but save as aforesaid,
the provisions of this Act shall be in addition to, and not in derogation of,
any other law for the time being applicable to an industrial concern.