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NCT Delhi - Section

Section 14 in The Delhi Co-Operative Societies Act, 2003

14. Change of name.

(1)A co-operative society may by an amendment of its bye-laws, change its name but such change shall not affect any right or obligation of the co-operative society or of any of its members or past members and any legal proceedings pending may be continued by or against the co-operative society under its new name:Provided that prior approval in writing of the Reserve Bank shall be necessary for change of the name of a co-operative bank.
(2)Where a co-operative society changes its name, the Registrar shall enter the new name on the register of co-operative societies in place of the former name and shall amend the certificate of registration accordingly.