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The Delhi Co-operative Societies Act

64Winding up of co-operative banks at the direction of the Reserve 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 in the circumstances mentioned in section 13D of the Deposit Insurance Corporation Act, 1961 (47 of 1961).

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