law: Banking Regulation Act, 1949
  40. Stay of proceedings
  Notwithstanding anything to the contrary
  
  contained in 202[section 466 of the Companies Act, 1956 (1 of 1956)1, the
  
  203[High Court] shall not make any order staying the proceedings in relation to
  
  the winding up of a banking company, unless the 203[High Court] is satisfied
  
  that an arrangement has been made whereby the company can pay its depositors in
  
  full as their claims accrue.