When an order of moratorium has been made by the Central Government under sub-section (2) of section 45 of the Banking Regulation Act, 1949 (10 of 1949) in respect of a cooperative bank, the Central Registrar, with the previous approval of the Reserve Bank in writing, may, during the period of moratorium prepare a scheme—
Chapter II — CENTRAL REGISTRAR AND REGISTRATION OF MULTI-STATE CO-OPERATIVE SOCIETIES
Section 18
Central Registrar to prepare scheme of amalgamation or reorganisation of a co-operative bank in certain cases.
Printed from Law on Tips • The Multi-State Co-operative Societies Act, 2002