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LEGAL AND REGULATORY ASPECTS OF BANKING (LRAB)
Unit - 33: The Bankers' Books Evidence Act , 1891
Legal & Regulatory Aspects of Banking -
Unit - 33 : The Bankers' Books Evidence Act , 1891
This Act extends to the whole of India except the State of Jammu and Kashmir .
The Definition clause here gives the meaning of different words in the context of the act .
The certified copy needs a certificate giving some declarations. When the books of bank are taken in printout form they need a furthur certificate as detailed in section.
When data is stored in computer form a certificate from person in charge of the computer system is required.
Certified Copy is a Prima facie evidence and admissible in evidence as if original is produced. On production of certified copy no furthur evidence is required .
In any proceeding where bank is not a party and certified copies are produced bank's officer cannot be called as witness as copy is admissible evidence.
Court can order inspection of books of accounts . The orders for Inspection of books must give three clear days for the bank to arrange for inspection .
Court has discarded to award costs for any appliaction under the act .
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