section 67A
Certain orders to be passed by the Registrar if so required by the Reserve Bank
The Karnataka Souharda Sahakari Act, 1997General199786 sections12 chapters
Chapter X CO-OPERATIVE PRINCIPLES
Statutory text
(1) Notwithstanding anything to the contrary contained in this Act, in the case of a co-operative bank which is an insured bank, the Registrar shall,– (i) if so required by the Reserve Bank, in the circumstances mentioned in section 13D of the Deposit Insurance and Credit Guarantee Corporation Act, 1961, make an order for winding up of a Co-operative Bank; (ii) where an order of moratorium has been made by the Central Government under sub-section (2) of section 45 of the Banking Regulation Act, 1949, make
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