Draft Amalgamation Scheme

27 July 2004

Preliminary

1. Short title and commencement:

(1) The Scheme may be called Global Trust Bank Limited (Amalgamation with Oriental Bank of Commerce) Scheme, 2004.

(2)It shall come into force on such date as the Central Government may, by notification in the Official Gazette, specify.

2.Definitions: In the Scheme, unless the context otherwise requires —

"Act" means the Banking Regulation Act, 1949 (10 to 1949);