Search Results for "Cooperative Bank"

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Bombay High Court Dismisses Petitions Challenging RBI's Moratorium and Liquidation of CKP Co-operative Bank Ltd. — Petitioners' Deposits Not Covered by Deposit Insurance as Bank Was Under Moratorium Prior to Insurance Scheme Introduction.

The judgment pertains to a batch of writ petitions filed by depositors of the CKP Co-operative Bank Ltd., which was placed under moratorium by the Res...

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Supreme Court Allows Appeal in Cooperative Bank CEO Appointment Dispute — Upholds Apex Society's Power to Depute Cadre Officers. Section 54(3) of Chhattisgarh Co-Operative Societies Act, 1960 obligates District Central Cooperative Bank to accept CEO deputed by State Cooperative Bank from its cadre.

The dispute arose from the appointment of the Chief Executive Officer (CEO) of the first respondent, Zila Sahkari Kendriya Bank Maryadit, a District C...

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Bombay High Court Decides Writ Petitions by District Supervision Cooperative Societies on Legality of Contribution Orders for Cooperative State Cadre Employment Fund; Examined Impact of Section 69A and Model Byelaws.

The matter comprised a group of writ petitions filed by various District Supervision Cooperative Societies and Taluka Supervision Cooperative Societie...

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Bombay High Court Dismisses Petitions Challenging Cooperative Bank Recovery Proceedings Under Maharashtra Cooperative Societies Act, 1960 — Petitioners Failed to Show Any Error in the Award or Recovery Certificate.

The judgment concerns a batch of writ petitions filed by various individuals (the petitioners) against Shamrao Vithal Cooperative Bank Ltd. (the respo...