Section 2 of SIDBI Act : Section 2: Definitions

In this Act, unless the context otherwise requires,

• (a) "Board" means the Board of directors of the Small Industries Development Bank of India referred to in section 5;
• (b) "chairman and managing director" means the chairman and managing director referred to in clause (a) of sub-section (1) of section 6;
• (c) "Court" means the High Court within the local limits of whose jurisdiction,
  1. the defendant or respondent or, where there is more than one defendant or respondent, any one of them
     1. has his registered office, or
     2. carries on the whole or part of his business, at the time of commencement of any legal proceedings against him under this Act, or
  2. the cause of action for such legal proceedings, wholly or in part, arises;
• (d) "Development Bank" means the Industrial Development Bank of India established under section 3 of the Indus