Section 61: Confidentiality to be maintained

(1) Confidentiality of books and accounts relating to transactions and statements and documents of financial transactions of the cooperative bank shall be maintained.

(2) Notwithstanding anything contained in sub-Section (1), there shall be no hindrance to providing the books and, accounts and statements of financial transactions for any of the following purposes:

(a) To court in the course of hearing a case or any other legal proceedings,

(b) To auditor in the course of auditing of accounts,

(c) To the concerned official in the course of inspection,

(d) To the person or authority having authority to ask for the details according to the prevailing laws,

(e) To its own members.