Good News: Adarsh Investors see fresh hope after Eight-Year wait
Nearly 20 lakh investors caught in the Adarsh Credit Co-operative Society crisis have received a fresh ray of hope after ...
Tag: high court
Karnataka UCB Fed also gets interim Relief on RBI Norms
The Karnataka High Court has also continued the interim relief granted in the writ petition filed by the Karnataka State ...
Co-op Autonomy: AP Federation moves HC over Banking Amendments
In a significant development for India’s cooperative banking sector, the Andhra Pradesh State Cooperative Urban Banks & Credit Societies Federation ...
HC initiates contempt action against OSCB MD
The Orissa High Court has initiated contempt proceedings against Siddharth Das, Managing Director of the Odisha State Cooperative Bank, for ...
HC Directs Nashik DCCB to examine Staff Regularization
The Bombay High Court has set aside an earlier Industrial Court order and directed Nashik District Central Co-operative Bank to ...
HC dismissal revives action against Shimsha Sah Bank
The Reserve Bank of India (RBI) has confirmed that the banking licence of Shimsha Sahakara Bank Niyamitha, located in Maddur ...
‘Either or Survivor’ doesn’t Grant Locker Ownership: HC
In a significant ruling impacting joint bank locker holders, the Kerala High Court has held that the “either or survivor” ...
Odisha State Co-op Bank under scanner over NPCI Penalties
The All Odisha Cooperative Leaders’ Association (AOCLA) has submitted a representation to Odisha Chief Minister Mohan Charan Majhi highlighting serious ...
Nagpur’s Nirmal Ujjwal Credit Co-op in news
The CBI has filed an FIR against officials of the Nagpur-based Nirmal Ujjwal Credit Cooperative Society after the High Court ...
HC halts tax recovery against Co-op Bank pending appeal
The Kerala High Court has stayed income tax recovery proceedings against The Palode Service Co-operative Bank Ltd., ruling that recovery ...
PACS misuse: Relatives’ assets can’t be attached
The Telangana High Court has ruled that authorities of district cooperative societies cannot directly attach properties of relatives or legal ...
Abhyudaya Bank: HC validates RBI’s stand; Current team gets Extension
Two significant developments unfolded on Monday concerning Abhyudaya Cooperative Bank. First, RBI secured a victory in the Bombay High Court ...
Members can contest more than three consecutive times: HC
The Kerala High Court has declared as unconstitutional a section added to the Kerala Cooperative Societies Act that prohibits members ...
RoC has no power in co-op’s internal affair: Karnataka HC
The Karnataka High Court invalidated Section 128-A of the Karnataka Cooperative Societies Act, 1959, ruling it unconstitutional. This section empowered ...
RoC to file affidavit related to Gujarat Co-op Act, 1962
The Gujarat High Court has directed the Registrar of Co-operative Societies to file an affidavit addressing issues related to the ...
