Supreme Court · 2020 INSC 271 · Decided 4 March 2020
Managing Director Chhattisgarh State Co-Operative Bank Maryadit v. Zila Sahkari Kendriya Bank Maryadit & ORS.
- Court
- Supreme Court of India
- Citation
- 2020 INSC 271 · [2020] 5 S.C.R. 307
- Case number
- CIVIL APPEAL No. 1961/2020
- Decided
- 4 March 2020
- Bench
- D.Y. CHANDRACHUD, AJAY RASTOGI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Chhatisgarh Cooperative Societies Act, 1960 - ss.49-E(2), 56(3) - Appellant, a State Cooperative body is the apex body of Cooperative Banks in the State of Chhatisgarh - First respondent is a District Central Appointment of the CEO of the first respondent - Division Bench of High Court held that in terms of s.54(3), appellant had no role in the appointment of the CEO and the power to appoint a CEO could only be exercised by the Registrar upon the failure of the District Central Cooperative Bank
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