Bar on jurisdiction of courts

Corporate2024155 sections12 chapters

Chapter XII INSURED CO-OPERATIVE BANK

Statutory text

(1) Save as expressly provided in this Regulation, no civil or revenue court shall have any jurisdiction in respect of—
- (a) the registration of a society or its bye-laws, or the amendment of its bye-laws, or the dissolution of the Committee of a society, or the management of the society on dissolution thereof;
- (b) any dispute required to be referred to the Registrar or his nominee or board of nominees, for decision; or
- (c) any matter concerned with the winding up and dissolution of a society.
(2) While a society is being wound up, no suit or other legal proceeding relating to the business of such society shall be proceeded with or instituted against the society or any member thereof, or any matter touching the affairs of the society, except by leave of the Registrar, and subject to such terms as he may impose.
(3) All orders, decisions or awards passed in accordance with the provisions of this Regulation or the rules made thereunder, shall, subject to the provisions for appeal or revision, be final and no such order, decision or award shall be liable to be challenged, set aside, modified, revised or declared void in any court upon the merits, or upon any other ground whatsoever except for want of jurisdiction.

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