HC notice to Centre on plea to nominate directors to Repco Bank

The Madras High Court has issued notice to the Centre on a plea seeking to nominate directors to the Repco Bank according to the provisions of the Multi-State Co-operative Societies Act.

Justice Pushpa Sathyanarayana gave the direction recently while disposing of a writ petition from P Dhanapal, a Sri Lankan repatriate and a member of the Repatriates Co-operative Finance and Development Bank Shareholders' Welfare Association.

The judge directed the Union Ministry of Agriculture and Farmers' Welfare and the Central Registrar of Co-operative Societies, New Delhi, to consider within four weeks a representation dated October 10, 2018 from the association to nominate directors to the Repco Bank according to the provisions of the Multi-State Co-operative Societies Act.

According to the petitioner, the bank was formed for the welfare of repatriates from various counties like Myanmar (Burma), Sri Lanka and Vietnam to provide rehabilitation and assistance for their development.

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