State Act

72A

Section 72A. Winding up of a co-operative bank if so, required by the Reserve Bank.

THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, 1959.

Act no. 11 of 19591959In forceKarnataka (State Act)

1[72A. Winding up of a co-operative bank if so, required by the Reserve Bank.- 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).