The
Rajya
Sabha
o
Mo day
passed
the
Ba ke s’
Books
Evide ce
Bill,
2026,
pavi g
the
way
fo
eplaceme t
of
the
colo ial-e a
1891
act
with
a
mode
legal
f amewo k
aimed
at
ecog isi g
elect o ic
a d
digital
ba ki g
eco ds
as
evide ce
i
legal
p oceedi gs.
The
Lok
Sabha
had
al eady
passed
the
Bill
o
August
5.
The
Bill,
seeks
to
epeal
a d
eplace
the
Ba ke s’
Books
Evide ce
Act,1891,
a d
update
the
law
gove i g
the
use
of
ba ke s’
books
a d
eco ds
i
cou ts
i
li e
with
the
p ese t-day
ba ki g
system.
With
passage
by
both
Houses
of
Pa liame t,
the
Bill
ma ks
a
sig ifica t
step
towa ds
updati g
the
evide tia y
f amewo k
gove i g
ba ki g
eco ds
a d
b i gi g
a
law
e acted
i
1891
i
li e
with
co tempo a y
ba ki g
p actices.
The
Ba ke s’
Books
Evide ce
Bill,
2026,
etai s
most
of
the
p ovisio s
of
the
existi g
Act,
u de
which
ce tified
copies
of
ba k
eco ds
ca
be
used
as
evide ce
i
legal
p oceedi gs
without
equi i g
p oductio
of
the
o igi al
eco ds.
Also
Read
:
8th
Pay
Commissio :
Ce t al
Gove me t
Teache s
Seek
OPS
Retu ,
Reti eme t
Age
Hike
To
65
A
key
cha ge
p oposed
by
the
Bill
is
the
explicit
ecog itio
of
elect o ic
o
digital
eco ds
of
ba ke s’
books
as
admissible,
valid
a d
legally
e fo ceable
evide ce,
subject
to
specified
safegua ds.
U io
Fi a ce
Mi iste
Ni mala
Sitha ama
said
the
Bill
“p ovides
fo
a
tech ology
eut al
legal
f amewo k
fo
Ba ke s
Books”
a d
” ecog izes
elect o ic
a d
digital
ba ki g
eco ds.”
U de
the
p oposed
f amewo k,
a
elect o ic
o
digital
copy
would
be
admissible
if
it
is
a
t ue
copy
of
the
eleva t
e t y
o
i fo matio
a d
co ectly
ep ese ts
o
is
app op iately
de ived
f om
the
o igi al
eco ds.
The
Bill
also
equi es
that
o
u autho ised
alte atio
of
data
is
detected
a d
that
the e
is
o
tampe i g
with
the
system
o
a y
othe
eve t
that
could
u de mi e
the
i teg ity
a d
accu acy
of
the
eco d.
The
Bill
also
etai s
p ovisio s
elati g
to
the
p oductio
of
ba ke s’
books
i
legal
p oceedi gs.
U de
the
existi g
law,
a
office
of
a
ba k
ca ot
o di a ily
be
compelled
to
p oduce
a
ba ke ‘s
book
i
a
p oceedi g
to
which
the
ba k
is
ot
a
pa ty,
o
ca
the
office
be
compelled
to
appea
as
a
wit ess
to
p ove
matte s,
t a sactio s
o
accou ts
eco ded
i
such
books.
Such
p oductio
o
appea a ce
ca
be
o de ed
by
a
cou t
o
judge
fo
a
special
cause.
Also
Read
:& bsp;Gold
Silve
Rate
Today
(Aug
10):
Metals
Rise,
Check
Latest
Rates
I
Delhi,
Mumbai,
Che ai,
Mo e
The
2026
Bill
defi es
the
ci cumsta ces
co stituti g
such
a
special
cause.
These
i clude
cases
whe e
the
accu acy
o
ge ui e ess
of
a
e t y
o
i fo matio
is
doubtful,
whe e
a
eve t
i dicates
that
the
egula
p ocess
of
mai tai i g
eco ds
has
bee
i te upted,
o
whe e
a
ba k
fails
to
comply
with
a
cou t
o de
elati g
to
i spectio
of
its
books.
Sitha ama
said
the
ew
f amewo k
would
also
st e gthe
p otectio s
fo
ba k
office s,
oti g
that
it
“st e gthe s
the
statuto y
p otectio
available
to
the
ba k
office s
whe e
the
ba k
is
ot
a
pa ty
to
the
p oceedi gs.”
The
Fi a ce
Mi iste
said
the
legislatio
was
ecessa y
as
I dia
had
apidly
digitised
its
eco omy,
with
ba ki g
a d
fi a cial
t a sactio s
i c easi gly
bei g
co ducted
digitally.
“I dia
has
show
exempla y
speed
i
digitizi g
its
eco omy,”
she
said.
A othe
sig ifica t
p ovisio
e ables
the
Ce t e
to
exte d
the
applicatio
of
the
p oposed
law
to
othe
e tities
o
classes
of
e tities
ope ati g
i
the
fi a cial
secto
th ough
a
otificatio .The
gove me t
may
specify
co ditio s,
exceptio s
o
modificatio s
while
exte di g
the
p ovisio s
to
such
e tities.
The
Bill
cu e tly
applies
to
e tities
e gaged
i
ba ki g
busi ess
as
well
as
post
office
savi gs
ba ks
a d
mo ey
o de
offices,
etai i g
the
scope
of
the
existi g
legislatio
while
p ovidi g
flexibility
to
cove
othe
fi a cial-secto
e tities
i
the
futu e.& bsp;
(This
epo t
has
bee
published
as
pa t
of
the
auto-ge e ated
sy dicate
wi e
feed.
Apa t
f om
the
headli e,
o
editi g
has
bee
do e
i
the
copy
by
ABP
Live.)
