Amendment status not verified — confirm the current text below against the official source.
(1) If the Registrar is satisfied that any matte referred to him or brought to his notice is a dispute within the meaning of section 19, the Reg- istrar shall decide the dispute himself or refer it for disposal to a nominee or a Board of nominees appointed by him. (2) Where any dispute is referred under the foregoing sub-section for decision to the Registrar's nominee or Board of nominees, the Registrar may at any time, for reasons to be recorded in writing, withdraw such dis- pute from his nominee or Board of nominees and may decide the dispute himself or refer it again for decision to any other nominee or Board of nomi- nees appointed by him. Inspection of books of a co- operative so- ciety by a bank. Disputes be- tween a bank and a co-op- erative soci- ety. Settlement of disputes. 10 (3) Notwithstanding anything contained in section 19, the Registrar may, if he thinks fit, suspend proceedings in regard to any dispute if the question at issue between a co-operative society and a bank is one involving complicated question of law and fact, until the question has been tried by a regular suit instituted by one of the parties to the dispute. If any such suit is not instituted within two months from the Registrar's order suspending pro- ceeding, the Registrar shall take action as is provided in sub-section (1).