Section 64
Winding up of co-operative banks at the direction of the Reserve Bank.
The Delhi Co-operative Societies Act, 1972
About this Act
An Act to consolidate and amend the law relating to co-operative societies in the Union territory of Delhi.
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 (47 of 1961).