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Multi-State Co-Operative Societies Act, 2002

Section - 120B - Application of Banking Regulation Act, 1949

[Application of Banking Regulation Act, 1949.

120B. The provisions of this Act shall apply to a multi-State co-operative society in respect of matters relating to incorporation, regulation and winding up:

Provided that in case of a multi-State co-operative society carrying on the business of banking, the provisions of the Banking Regulation Act, 1949 (10 of 1949) shall also apply.]


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