Section 16: Re-construction of societies

The Goa Co-operative Societies Act, 2001State Act of Goa · Act 36 of 2001

Where a proposal for a compromise or arrangement,—

(a) between a society and its creditors, or

(b) between a society and its members, is approved at a special general meeting called for the purpose, the Registrar may, on the application of the society or of any member or of any creditor of the society, or in the case of a society which is being wound up, of the liquidator, order re-construction of the society in the prescribed manner.

Where this provision sits

Act	The Goa Co-operative Societies Act, 2001
Section	16
Marginal note	Re-construction of societies
Jurisdiction	State of Goa
Status	In force as published by the source

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