Section 65
Reimbursement to the Deposit Insurance Corporation by the liquidator.
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.
Where a
co-operative bank being an insured bank within the meaning of the Deposit Insurance Corporation
Act, 1961 (47 of 1961), is wound up, or taken into liquidation, and the Deposit Insurance Corporation has
become liable to the depositors of the insured bank under sub-section (1) of section 16 of that Act, the
Deposit Insurance Corporation shall be reimbursed by the liquidator or such other person in the
circumstances to the extent and in the manner provided in section 21 of the Deposit Insurance
Corporation Act, 1961.