Amendment status not verified — confirm the current text below against the official source.
No appeal or revision in certain cases. - Notwithstanding anything to the contrary contained in this Act, where with previous sanction in writing or on the requisition of the Reserve Bank of India, (i) an order for the winding up of a co-operative bank is made; or (ii) a scheme of compromise or arrangement or reconstruction or re- organization or amalgamation is made or is given effect to; or (iii) an order for the supersession or suspension of the committee by whatever name called of a co-operative bank and the appointment of an officer in charge etc. therefor, has been made: no appeal, revision or review there against shall lie or be permissible, and such order or the sanction or requisition of the Reserve Bank of India shall not be liable to be called in question.