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CHATTISGARH HIGH COURT
A.M. Khanwilkar, J
Laxmi Mahila Nagrik Sahkari Bank Maryadit v. State of Chhattisgarh and Others
| Table of Content |
|---|
| 1. details of the writ petition and amalgamation process. (Para 1 , 2 , 3 , 4 , 5 , 6) |
| 2. arguments regarding jurisdiction and legality of merger. (Para 7 , 8 , 9 , 10 , 11) |
| 3. observations on the jurisdictional limits and provisions. (Para 12 , 13 , 14 , 15 , 16 , 17) |
| 4. court's findings on the applicability of section 79. (Para 18 , 19 , 20) |
| 5. final decision and declaration of the appellate order's illegality. (Para 21 , 22 , 23 , 24 , 25 , 26) |
1. The writ petition has been filed by the petitioner assailing correctness and validity of order dated 19/07/2011 passed by the appellate authority - respondent No. 1, by which, the respondent No. 1 has set aside the order dated 18/01/2011 passed by the Registrar, Co - operative Societies, Chhattisgarh.
2. The petitioner is a co - operative bank registered under S.3 of the Chhattisgarh Co - operative Societies Act, 1960 (In short 'the Co - operative Act') and issued registration certificate (Annexure P2). The petitioner also holds banking license issued by the Reserve Bank of India (In short 'the RBI') under S.22(1) read with S.56 (O) of the Banking Regulations Act, 1949 (In short 'the Banking Act'), copy of which has been pla
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