The Delhi Co-Operative Societies Act,1972
18. Registrar to prepare scheme of amalgamation of co-operative bank in certain cases.-
When an order of moratorium has been made by the Central Government under sub section (2) of section 45 of the Banking Regulations Act,1949, in respect of a co-operative bank, the Registrar, with the previous approval of the Reserve Bank in writing may, during the period of moratorium, prepare a scheme – For the reorganisation of the co-operative bank, or for the amalgamation of the co-operative bank with any other co-operative bank.
