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Section 73: Liquidator

The Odisha Co-Operative Societies Act, 1962State Act of Odisha · Act 2 of 1963

(1) Where the Registrar has made an order under Section 72 for the winding up of a Society, he may appoint a liquidator for the purpose and fix his remuneration, which shall be paid from out of the funds of the Society and may also remove any liquidator and appoint another in his place.

1[(2) A liquidator appointed under Sub-Section (1) shall forthwith take such action as may be prescribed.]

(3) Where an order of winding up of a Society is cancelled by the Registrar under Sub-Section (3) of Section 72 or is set aside in appeal, the property, effects and actionable claims of the Society shall revest in the Society.

Where this provision sits

ActThe Odisha Co-Operative Societies Act, 1962
Section73
Marginal noteLiquidator
JurisdictionState of Odisha
StatusIn force as published by the source

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