section 72A
Winding up of a co-operative bank if so, required by the Reserve Bank
The Karnataka Co-operative Societies Act, 1959Corporate1959265 sections
Statutory text
Notwithstanding anything to the contrary contained in this Act, the Registrar shall make an order for 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 Corporation Act, 1961 (Central Act 47 of 1961).
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