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Bankers’ Books Evidence Act, 2026 Enters Force Oct 1
Published on 15 Sep 2026
- Legislation: The Bankers’ Books Evidence Act, 2026 (passed August 13, 2026) comes into force on October 1, 2026, replacing the 1891 law.
- Digital Integration: Establishes a technology-neutral framework accepting physical, electronic, digital, and cloud-based financial records as evidence.
- Procedural Reform: Simplifies certification process via manual or digital signatures and sets clear guidelines requiring "special cause" before summoning non-party bank officials.
- Regulatory Flexibility: Enables Central Government extension to wider financial sector entities.
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