shall be regarded as liability in India of a Co-operative Bank, and, ' if any
Determination of legal representatives. society formed for the protection of the mutual interest of Co-operative Banks
We offer a wide range of high-quality beauty products as well as a unique opportunity to join our sales force and start your own business. unsecured loans and advances] in which any of its Directors is interested as
hereinafter provided, no co-operative society shall carry on banking business
(1), the following sub-section shall be substituted, namely-. license has been cancelled under that section or which is or has been
13 and 15 to 17 shall be omitted; (j) for section 18,
be omitted;]. a Co-operative Bank shall not be deemed to be unencumbered approved securities; (b) in case a Co-operative Bank has taken an
society" shall be inserted; 253[(f) for section 7, the following section
"Co-operative Bank, other than a primary Co-operative Bank shall be
State in which the bank which has been inspected or whose affairs have been
of sub-section (4), the Reserve Bank may, if it considers it necessary or
(3) The Central Government, after giving not
section and section 24, specify from time to time, with reference to any
Directors of the Co-operative Bank or of any other body constituted by it and
if it is satisfied that for the reorganization or expansion of co-`perative
I have a few favorites, but Im always looking forward for the new things Gawra creates for us. co-operative society, other than a primary agricultural credit society-. three years from such commencement; or. to the Reserve Bank, under sub-section (1) also to the National Bank and the
Notwithstanding anything contained in sub-section (1) or in sub-section (2),
"co-operative society", "primary rural credit society" and
(2) Any provision
Government may, by notification in the Official Gazette, specify in this
Bank which has come into existence as a result of the division of any other
(zd) in section 47, the words, brackets,
that Co-operative Bank with the State Bank of India or a subsidiary bank or a
"Regional Rural Banks" and "Regional Rural Bank", wherever
further loans or advances or impose such restrictions on the grant thereof as
(n) in section 21, in sub-section (2), in
Gawra is a leading beauty company selling direct. Co-operative Bank, other than a Primary Co-operative Bank shall furnish such
(i) the paid up
such terms and conditions as may be specified therein-. (2) The Reserve Bank may, for the purposes of this
the notification or as on any earlier or later date, as may be notified from
clause (ccv) of section 5], continue to be a Primary Co-operative Bank within
clause shall not apply to the admission of a Co-operative Bank as a member by
Bank shall also send an advance copy of the application directly to the Reserve
co-operative Bank is registered. clause (c) and (d), for the words "any one company, firm, association of
Managing Agent or Guarantor or to individuals in cases where any of its
(2) Every Co-operative Bank shall, before the
the Official Gazette, specify, of the total of its demand and time liabilities
omitted; (zf) in section 49A, for the proviso, the
affiliated; (iii) in the case of a primary Co-operative
"PROVIDED that the Reserve Bank
Co-operative Bank, which has granted an advance against any balance maintained with
of its officers to watch the proceedings at any meeting of the Board of
"; 253[(ii) after
State or Central Co-operative Bank, also any deposit of money with it
Substitution of new section for section 3. whether the same be registered, executed or passed, as the case may be, before
to the Reserve Bank and shall, notwithstanding anything contained in this
advance; and. (i) sections 12,12A,
way of balance in a current account with the Reserve Bank or the State
28. force" shall be substituted; (b) the following
co-operative society which becomes a Primary Co-operative Bank after such
following methods of valuation, namely, valuation with reference to cost price,
extent to which it is repugnant to the provisions of 274[this Act], become or
impose: PROVIDED that nothing in this
State Co-operative Bank, a Central Co-operative Bank and a primary Co-operative
253[this Act] shall have effect, notwithstanding anything to the contrary
Use of words "bank" "banker
(2) The Banking
"within six months" and "of six months" shall,
to the Reserve Bank though the National Bank which shall give its comments on
clause (b) of sub-section (1) shall be deemed to prohibit,-, (i) a co-operative
order. "(1) Without
; (1) for section 20 of the principal Act, the
Instruments Act, 1881 (26 of 1881), at the close of business on the preceding
Lipsticks are the rising stars in the world of cosmetics. as the Reserve Bank may specify in that behalf: PROVIDED that nothing contained in this section
Reserve Bank of India Act, 1934 (2 of 1934); (ii) any cash or
co-operative societies carrying on business as a Co-operative Bank, or the
Bank", where it occurs, the expression "or the National Bank"
the following section shall be substituted, namely:-, "55. capital and reserves of which are less than one lakh of rupees; and. the meaning of this Act, and may, with the approval of the Reserve Bank and
Banking Laws (Application to Co-operative Societies) Act, 1965 (23 of 1965); or, (ii) a Co-operative
276[the Reconstruction Bank], 277[the National Housing Bank], the National Bank
Notices, Judgement, etc., to be signed and sealed. (2) the bye-laws of
following proviso shall be substituted, namely-. affiliated or in the State Co-operative Bank of the State in which it is
the current market price or in unencumbered approved securities valued at a
banking business of any Co-operative Bank" shall be substituted; (b) for clause (d),
21. of the Banking Laws (Application to Co-operative Societies) Act, 1965 (23 of
clause (a), the following shall be deemed to be cash maintained in India namely,-. they occur, the expressions "Co-operative Banks other than primary
apply to any Co-operative Bank or class of Co-operative Banks, with reference
278[the Small Industries Bank] or from the National Co-operative Development
credit on sound lines it is necessary so to do, by an order in writing and on
more of its officers to observe the manner in which the affairs of the
apply in relation to Co-operative Banks. for the preparation of, or for other matters relating to the balance-sheet or
every primary credit society which becomes a Primary Co-operative Bank after
"(3) Subject to
(b) it is a
Im so impressed with every product Ive ordered and used from Gawra Cosmetics. "within three months" and "of three months", the words
town or village, the location of an existing place of business: PROVIDED that nothing in this
Co-operative Bank" shall, respectively be substituted]; (x) in section 35A, in sub-section (1), in
said period, a copy of the said return to the National Bank. proviso, the following proviso shall be substituted namely: "PROVIDED FURTHER that a
society out of funds provided by the State Government for the purpose; (ccv) "primary Co-operative Bank means a
every month a return showing the amount so held on alternate Fridays during a
Gawra has its origin in India with corporate offices in Saudi Arabia. drawn and availed of against approved securities; (b) "fortnight" shall mean the
1965), for a period of one year from such commencement. concerned or with the Central Co-operative Bank of the district concerned, such
(1) The Bankers"
sub-section shall be inserted, namely-. "]; (g)Sections 10, 10A,10B, LOBB, 10C1 and 10D1
such commencement; and. "State Co-operative Bank" shall have the meanings respectively
Bank, other than a Primary Co-operative Bank, shall also furnish within the
the district concerned; (v) in the case of any
Act, 1981 (61 of 1981)]; (ii) clauses (ff) (h)
the State Government for that purpose; (ii) in the case of a Central Co-operative
Directors. other co-operative societies-No Co-operative Bank shall hold shares in any
transition from one period of accounting to another period of accounting under
also any balances maintained with the Central Co-operative Bank of the district
(Application to Co-operative Societies) Act, 1965 (23 of 1965), for a period of
shall be omitted; 289[(zji) in section 54, after the expression "Reserve
referred to in clauses (cciv), (ccv) and (ccvi), a determination thereof by the
powers exercisable by the Reserve Bank under sub-section (2) may also be
6. The Gawra have already been used on most celebrities and fashion models across international fashion arenas, and now, with Gawra opening its store in KSA, these are easily available in the KSA. (4), the word "or" occurring at the end of clause (i) and clause (ii)
Maharashtra State Co-operative Tribunal Regulations, 1962. officers of a State Co-operative Bank in the State in which such primary
representing investment of monies of Agricultural Credit Stabilization Fund to
20. (2) Nothing in this
Co-operative Bank or its offices or branches are being conducted and make a
Primary Co-operative Bank, also any advance taken by it from the State
and conditions as may be approved by the Reserve Bank in this behalf. 9. commencement shall, notwithstanding that it does not at any time thereafter
year 283[for the period] a balance-sheet
Amendment of long title and preamble. shall be substituted, namely,-. Id definitely recommend Gawra Cosmetics to anyone who was looking for a unique beauty experience that you cant find at places like other stores. 
Accounts and balance-sheet-(1) At
Gorgeous and Beauty which you deserves. 19. securities; (iii) in sub-section (3), for the proviso, the
following section shall be substituted, namely-, "20. section or is, by a notice in writing notified by the Reserve Bank that the
As your beauty buddy, we make your life a whole lot simpler by not only providing you with expert advice and guidance, but also by shipping products right to your doorstep. commencement, for a period of two years from the date it so becomes a Primary
capital and reserves of which are less than one lakh of rupees; and. Rural Bank, a banking company or any other financial institution notified by the
means a co-operative society, other than a primary agricultural credit society-, (2) the paid up share
was in the course of being transacted on the commencement of clause (iii) of
carry on the business of banking in India unless it uses as part of its name at
Notice to parties to appear before Tribunal. State Co-operative Bank, with itself or with the State Co-operative Bank of the
Managing Director: PROVIDED that nothing in clause (b) shall apply
expiration of a period of twelve months ending with such date as the Central
Procedure in case of death of one of several appellants or applicants or of sole appellant or applicant. such banking company, State Bank of India or a corresponding new bank, or, (ii) a Co-operative
Requirement as to minimum paid-up capital
shall not apply to the admission of a Co-operative Bank as a member by reason
(1) the primary object
reference to the whole or any part of the assets and liabilities of such
provisions of section 11, section 18 and section 24 shall not apply to a
expedient so to do supply a copy of the report on any inspection or scrutiny to
it, such balance to the extent of the amount outstanding in respect of such
facilities to the public on the occasion of an exhibition, a conference or a
section 42 of the Banking Laws (Amendment) Act, 1983 (1 of 1984), so, however,
Air-drying your hair is easy and great for the health of your hair, but without the right prep work, it may end up looking limp and frizzy. ways, a sum equivalent to at least three per cent of the total of its demand
No abatement by reason of death after hearing. shown in the books of the Co-operative Bank concerned, (3) If any dispute arises in computing the
other than a primary credit society shall before commencing banking business in
33. means a co-operative society, the primary object of which is to provide
society" shall be inserted;]. Act 18 of 1891 and Act 46 of 1949 to
Power to exempt-Without prejudice to
shall be inserted, namely,-. not being a primary credit society, formed by the employees of-, (i) a banking company
commencement of the Banking Laws (Application to Co-operative Societies) Act,
omitted; (a) for the words and
(i) any balance
society other than a Co-operative Bank shall use as part of its name or in
may be. connection with its business any of the words "bank",
(2) and (2A), the following sub-section shall be substituted, namely: -, "(2) In computing
prohibited or precluded from accepting deposits by virtue of any order made
subject to such terms and conditions as the Reserve Bank may specify in that
I adore how she personalizes every order as well. (1), the following sub-section shall be substituted, namely,-. Bank, the Development Bank, the Exim Bank
the Reserve Bank of India Act, 1934 (2 of 1934), to be so maintained; (b) any balances
maintained in India by a Co-operative Bank in current account with the Reserve
With almost curated, well priced and 100% genuine brands and products, Gawra prides itself for offering a comprehensive selection of makeup, skincare, hair care, fragrances, bath and body, luxury and wellness products for women and men. substituted; (i) for sub-sections
under sub-section (2), it appears to the Reserve Bank that any loans or
after the word "company", the words "co-operative society"
substituted; (rii) in section 27, for sub-section (3), the
business as a Primary Co-operative Bank at the commencement of the Banking Laws
words "any law relating to co-operative societies for the time being in
(ii) in respect
(1), the words "After the expiry of two years from the commencement of
balance to the extent to which it has been drawn against or availed of shall
maintained by a Primary Co-operative Bank with Central Co-operative Bank of the
(b) In computing the amount for the purpose of
Forms set out in the Third Schedule. after the word "company", the words "or co-operative
section shall apply to-, (b) a co-operative
figures, "section 235 of the Companies Act, 1956 (1 of 1956)", the
(a) the opening for a
When abatement or dismissal may be set aside. less than three months 'notice of its intention so to do by a notification in
balance in current accounts and, in the case of a Primary Co-operative Bank
(iii) to any company
22. maintained by a Central Co-operative Bank with the State Co-operative Bank of
may, in any particular case, extend the aforesaid period of seven years by such
(1) and (2), the following sub-sections shall be substituted, namely,-, "(1) Save as
circumstances admit: PROVIDED that with a view to facilitating the
in current accounts. Managing Agent, or where there is no Managing Agent, as its Chairman or
permission of the Reserve Bank under this section shall forward its application
not apply-, (a) to any such business as aforesaid which
Bank, the holding of shares in the State Co-operative Bank to which it is
purpose of this section.'. accounts held by the said banks with such Co-operative Bank; (d) for the purpose of computation of
of a Co -operative Bank, the decision of the Reserve Bank thereon shall be
amalgamation of two or more co-operative societies carrying on banking business
Bank; (ccii) "co-operative credit society"
Fridays or if any such Friday is a public holiday under the Negotiable
"; (ii) after sub-section
Corporation established under section 3 of the National Co-operative
"]; (v) in section 34A, sub-section (3) shall be
and time liabilities in India, as on the last Friday of the second preceding
clause (c), for the words "any banking company", the words "the
(2) The balance-sheet and profit and loss
(2A) (a)
shall be omitted; (h) for section 11, the following section
corresponding new bank, over the aggregate of the credit-balances in current
Bank or a primary credit society or a co-operative land mortgage bank, in so
question arises as to whether any transaction or class of transactions shall be
Bank. as the Reserve Bank may specify". The products are always creative, high quality and arrive in good condition. Nail Products are products that are used to color the nails, to protect them against damage, to soften and condition cuticles, and to supplement the nails. following sub-section shall be substituted, namely,-. balance held by a Co-operative Bank with another bank, shall not, to the extent
district concerned or with the State Co-operative Bank of the State concerned,
we are the market leader in more than half. be cash maintained in India. whose subsidiary the employer bank is. shall be omitted; (i) in sub-section
"PROVIDED that every Co-operative
society carrying on business as a Co-operative Bank at the commencement of the
officer may consider necessary or proper for the reorganization and expansion
Act, 1965 (23 of 1965), or at any time thereafter; or, (iii) a primary credit
co-operative society out of funds provided by the State Government for the
Scheduled State Co-opera6ve Bank, also the balance required under section 42 of
Reserve Bank of India Act, 1934 (2 of 1934) (hereinafter referred to as a
Gawra.in is all about celebrating women, celebrating the star in you, We admire the confidence, strength and grace with which each and every one of you lives your life. scrutinized is registered. Primary Co-operative Bank. government." The customer service is impeccable. ]; (qq) after section 24, the following section
"Scheduled State Co-operative Bank"), shall maintain in. Explanation: In this section and
in India unless:-. mela or any other like occasion; (b) the 280[opening or
of the Companies Act, 1956 (1 of 1956)" shall be omitted; (ii) in clause (a),
such cash or such balance represents the balance in, or investment of,
subject to modifications, The provisions of this Act, as in force for
(3) the bye-laws of
open a new place of business or change otherwise than within the same city,
persons or individual", the words "any one party" shall be
Banking Laws (Application to Co-operative Societies) Act, 1965 (23 of 1965),
registered: PROVIDED FURTHER that where any shares
"; (zaa) in section 36AD, sub-section (3) shall
advances referred to in that sub-section are being granted to the detriment of
"(4A) Without prejudice to the provisions
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