(a) deposit the amount in a co-operative bank until a new co-operative society with similar area of operation is registered when it shall be credited to reserve fund of the new co-operative society ;
(b) any purpose connected with the development of co-operative movement, subject to the approval of the Registrar ;
(c) an object of public utility selected with due regard to the wishes of the members and approved by the Registrar.
Section 59
(1) and 85(2)
(xxvi)
66. Liability due to claimants whose whereabouts not known-If any liability cannot be discharged by the liquidator owing to the whereabouts of the claimant not being known or for any other cause; the amount covered by such undischarged liability may be deposited in the Central Co-operative bank, having jurisdiction over the area in which the co-operative society was functioning and shall remain at the disposal of the claimants for a period of three years, after which the undrawn amount, if any, may be transferred to the State Co-operative Union for credit to the Co-operative Education fund.
Section 85
(1)
67. Removal of liquidators-A liquidator may, at any time, be remove by the Registrar and he shall on such removal hand over all the property an document relating to the society under liquidation to such persons as the Registrar may direct.
Section 85
(2) (xxvi)
68. Maintenance of accounts by liquidators-The liquidator shall keep such books and accounts as may be laid down by the Registrar from time to time. The Registrar may at any time cause such books and account to be audited.
Section 85
(2) (xxxvi)
69. Final report by liquidator-The liquidator shall, after meeting the liabilities of the society, submit a final report to the Registrar in such form as may, from time to time, be specified by the Registrar.
Section 85
(1)
70. Disposal of record-All the books and records of a Co-operative society whose registration has been cancelled may be destroyed under the orders of the Registrar after the expiry of a period of three years from the date of cancellation.
CHAPTER IX EXECUTION OF AWARDS, DECREES, ORDERS AND DECISIONS Section 62 71. Manner of service of notice:-The notice under the proviso to section 62 shall indicate the substance of the demand or debt due to the co-operative society and shall be served in the manner laid down for the service of summons in sub-rule 74. No order under section 62 shall be made until a period of thirty days has expired from the date of service of the notice.
Section 85 (2)
(xxvii) (xxx) to (xxxiii)