Examples of Cooperative Bank in a sentence
The lessee with whom the lease agreement is executed by The Maharashtra State Co-operative Bank Ltd.
Security deposit shall be returned to contractor after obtaining “No objection certification” from executive department after expiry of Defect Liability Period.Alternatively, the tenderer shall furnish a Bank Guarantee from any of the Scheduled Bank excluding Gramin / Cooperative Bank in the form specified by NFL against Security Deposit for the faithful and proper fulfilment of the contract.
Successful supplier should produce an unconditional Performance Bank Guarantee from any Schedule Commercial Bank excluding Co-operative Bank and Bank of Baroda.
But If requested by the borrower Karkhana and as per their consent, the Bank will allowed to create second charge on the existing assets to Lessee.11.A) If the lessee has availed loan for enhancing capacity or for new plant e.g. Ethanol, co-gen etc., from any other financial institution/Bank the second charge of The Maharashtra State Co-operative Bank Ltd.
The bank, in any case, shall not be held liable to pay any taxes on the recovery receipts towards the outstanding dues.46C) The Maharashtra State Co-operative Bank Ltd will not sanction any type of loan to the lessee during the tenure of the lease period.