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Bare acts > Deposit Insurance Corporation (Amendment) Act, 1968 > Section 14


14. Amendment of section 48.-In the Explanation to section 48 of the principal Act,-

(i) in clause (a), after the words " and includes ", the words " a co-operative society or" shall be inserted;

(ii) in clause (b), after the words " in the firm", the words "and in relation to a co-operative society includes any member of a committee of management or other managing body (by whatever name called) to which the management of the affairs of the bank is entrusted" shall be inserted.





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