Chapter-11 Voluntary Liquidation of Banks or Financial Institutions
75. Voluntary Liquidation of Bank or Financial Institution: (1) Any bank or financial institution wishing to go for voluntary liquidation shall submit an application along with an action plan of voluntary liquidation. 2. In cases where the Rastra Bank is confident, upon carrying out an inquiry into an application submitted pursuant to Sub-Section (1), … Continue reading Chapter-11 Voluntary Liquidation of Banks or Financial Institutions
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