law: Multi-State Cooperative Societies Act, 1984 
  15. Central Registrar
  
  to prepare scheme of amalgamation or reorganisation of cooperative bank in
  
  certain cases.- 
  
  When an order of
  
  moratorium has been made by the Central Government under sub-section (2) of
  
  section 45 of the Banking Regulation Act, 1949 in respect of a cooperative
  
  bank, the Central Registrar, with the previous approval of the Reserve Bank in
  
  writing, may, during the period of moratorium, prepare a scheme -
  a.     
  
    for
  
  the amalgamation of the cooperative bank with any other cooperative bank; or
  b.    
  
    for
  
  the reorganisation of the cooperative bank.