Section 80A: Registrar's power to wind up a society

The Rajasthan Co-operative Societies Rules, 2003State Rules of Rajasthan · 2002

(1) The Registrar may issue orders to wind up a society in circumstances mentioned in sub-Section (1) of the Section 61:

Provided that where an advice of the Reserve Bank of India is received for winding up of the Apex Co-operative Bank or a Central Cooperative Bank, the Registrar shall appoint a liquidator within one month of receiving such advice.

(2) Notwithstanding anything contained in sub-rule (1), the Registrar shall order to wind up a primary agriculture credit society or its federation or association, who fails to comply with the provisions of sub- Section (4) of section 5 of the Act.]

1 Inserted by Notification No.F. 12 (1) Coop/2011 dated 14.9.2011, pub. in Raj. Gazette E.O. part 4(x)(I) dated 19.9.2011, with immediate effect.

115

CHAPTER X Winding up and dissolution of societies

Where this provision sits

Act	The Rajasthan Co-operative Societies Rules, 2003
Section	80A
Marginal note	Registrar's power to wind up a society
Jurisdiction	State of Rajasthan
Status	In force as published by the source

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