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State of Chattisgarh - Section

Section 69A in The Chhattisgarh Co-Operative Societies Act, 1960

69A. Winding up of Co-operative 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 of India in the circumstances mentioned in Section 13-D of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (No. 47 of 1961) or otherwise.