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State of Punjab - Section

Section 13 in The Punjab Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1978

13. Disputes between bank and co-operative society.

(1)Notwithstanding anything contained in any other law for the time being in force, any dispute touching the constitution, management or the business of a co-operative society, between a bank financing a co-operative society and the co-operative society so financed other than dispute regarding the disciplinary action taken by the society or its committee against a paid employee of the society, shall be referred by either of the parties to the dispute to the Registrar for decision.
(2)Where any question arises whether, for purposes of sub-section (1), a matter referred to for decision is a dispute or not, the question shall be decided by the Registrar whose decision shall be final.