RESERVE BANK OF INDIA Vs. M HANUMAIAH

JUDGEMENT

(1.) Leave granted.

(2.) Whether the principles of natural justice have any application at the stage when the Registrar Co-operative Societies, on being so required in writing by the Reserve Bank of India passes an order removing the Committee of Management of a Co-operative Bank and appointing an Administrator to manage its affairs for such period, as may be specified by the Reserve Bank of India This is the question that falls for consideration in this case.

(3.) The facts and circumstances in which the question arises are brief and simple and may be stated thus :