Mechanical Dept Co‑op Bank Allowed Multi‑State Appeal

Supreme Court dismissed the Special Leave Petition of The Mechanical Department Primary Co‑operative Bank Ltd. against the Union of India.
Court directed bank to file appeal under Section 99 of Multi‑State Co‑operative Societies Act within two months, maintaining status quo.
RBI had earlier ordered closure of payment counter and cancellation of out‑of‑state memberships for lacking multi‑state registration.
High Court had directed Central Registrar to consider registration but repeatedly rejected the bank’s application, prompting the present litigation.