law: State Bank of India Act, 1955
  9. Compensation to be given to share-holders of Imperial
  
  Bank
  (1) Every person who immediately before the appointed day is
  
  registered as a holder of shares in the Imperial Bank shall be entitled to
  
  compensation in accordance with the provisions contained in the first Schedule.
  
  
  (2) Nothing contained in sub-section (1) shall affect the rights
  
  inter se between the holder of any share in the Imperial Bank and any other
  
  person who May gave an interest in such share, and such other person shall be
  
  entitled to enforce his interest against the compensation awarded to the holder
  
  of such share, but bot against the Reserve Bank.