Banker’s Books Evidence Act, 1891

 

 

Banker's Books Evidence Act, 1891

[XVIII of 1891]

 

Section 5-

No officer of a bank shall in ariy legal proceeding to which the bank is a party be compelled to produce any Banker's Book or to appear as witness to prove the matters, transactions and accounts therein recorded without any order of the court. The Bank enjoys special privileges not to disclose information relating to its client.

Zeenat Mosharraf vs Md Sirajul Huq, District Anti-Corruption Officer and others 55 DLR 457.

Sections 5 and 6-

It is true that power to inspect document on permission is available in the law but such inspection must be in relation to any specific offence but no order for inspection ought to have been passed on any vague, or indefinite assumption.

Islami Bank Bangladesh Ltd vs District Anti-Corruption Officer, and another 55 DLR 233.

Section 6-

Petitioner cannot take shelter under the garb of secrecy of bank account when he is required under the law to maintain with the bank transaction of his share dealings and to furnish the same to the Enquiry Committee formed under the Law.

Khurshid Alam vs Securities and Exchange Commission and others 51 DLR 534.

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