Notwithstanding anything to the contrary contained elsewhere in this Act, the Central Registrar shall make an order for the winding up of a co-operative bank, if so required by the Reserve Bank in the circumstances mentioned in section 13D of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961).
Section 87: Winding up of co-operative bank at the direction of Reserve Bank.
The Multi-State Co-operative Societies Act, 2002Central Act · Act 39 of 2002
Where this provision sits
| Act | The Multi-State Co-operative Societies Act, 2002 |
|---|---|
| Section | 87 |
| Marginal note | Winding up of co-operative bank at the direction of Reserve Bank. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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