Section 13C: Cancellation of registration of co-operative banks. - he registration of a co-operative bank as an insured bank shall stand cancelled on the occurrence of any of the following events, namely:

Q: What does Section 13C of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) deal with?

Section 13C DICGC Act pertains to "Cancellation of registration of co-operative banks. - he registration of a co-operative bank as an insured bank shall stand cancelled on the occurrence of any of the following events, namely:". It is part of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961, a legislation enacted by the Parliament of India. Section 13C of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs cancellation of registration of co-operative banks. - he registration of a co-operative bank as an insured bank shall stand cancelled on the occurrence of any of the following events, namely:. As verified on 22 May 2026.

Q: Is Section 13C DICGC Act still in force?

Yes, Section 13C of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is currently in force across the Republic of India.

Q: What is धारा 13C DICGC Act?

धारा 13C DICGC Act is the Devanagari Hindi reference for Section 13C of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. Section 13C of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs cancellation of registration of co-operative banks. - he registration of a co-operative bank as an insured bank shall stand cancelled on the occurrence of any of the following events, namely:. As verified on 22 May 2026.

Q: What is Dhara 13C DICGC Act?

Dhara 13C DICGC Act is the Roman Hindi reference for Section 13C of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. "Dhara" means "Section" in Hindi. Section 13C of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs cancellation of registration of co-operative banks. - he registration of a co-operative bank as an insured bank shall stand cancelled on the occurrence of any of the following events, namely:. As verified on 22 May 2026.

Q: How to cite Section 13C of The Deposit Insurance and Credit Guarantee Corporation Act, 1961?

Cite as: "Section 13C, The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)" in legal briefs. For academic writing, use the BlueBook format: The Deposit Insurance and Credit Guarantee Corporation Act, 1961, 1961, § 13C (India).

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if it has been prohibited from accepting fresh deposits; or
if it has been informed by notice in writing by the Reserve Bank that its license has been cancelled under section 22 of the Banking Regulation Act, 1949 (10 of 1949), or a license under that section cannot be granted to it; or
if it has been ordered or directed to be wound up; or
if it has transferred all its deposit liabilities in India to any other institution; or
if it has ceased to be a co-operative bank within the meaning of sub-section (2) of section 36-A of the Banking Regulation Act, 1949 (10 of 1949); or
if it has converted itself into a non-banking co-operative society; or
if in respect of it any scheme of compromise or arrangement or of reconstruction has been sanctioned by a competent authority and the said scheme does not permit the acceptance by it of fresh deposits; or
if it has been amalgamated with any other co-operative society; or
if it ceases to be an eligible co-operative bank, that is, if the law for the time being governing such co-operative bank does not provide for all or any of the matters referred to in clause (gg) of section 2.