section 145
Power to exempt societies from provisions of Regulation
The Dadra and Nagar Haveli and Daman and Diu Co-Operative Societies Regulation, 2024Corporate2024155 sections12 chapters
Chapter XII INSURED CO-OPERATIVE BANK
Statutory text
- (1) The Administrator may, by general or special order, to be published in the Official Gazette, and for the reasons to be recorded in writing, exempt any society or class of societies from any of the provisions of this Regulation, or may direct that such provisions shall apply to such societies with such modifications not affecting the substance thereof as may be specified in the order: Provided that no order to the prejudice of any society shall be passed, without an opportunity being given to such society to represent its case.
- (2) Nothing contained in this section shall be applicable to matters related to banking.
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