(1) If the Registrar is satisfied, for reasons to be recorded by him in writing, that the managing committee of a co-operative society is mismanaging its affairs, he may, under clause (b) of sub-section (1) of section 22, direct that, within such time as he may determine, a special general meeting of the society shall be held to dissolve and reconstitute the managing committee.
Explanation.—In this sub-section, the expression "mismanaging its affairs" includes wilfully disobeying or wilfully failing to comply with any lawful order or direction issued by the State Government or the Registrar.
(2) In any direction given under sub-section (1), the Registrar may, for reasons to be recorded by him in writing, order that all or any of the members of the outgoing managing committee shall, for such period not exceeding three years as he may determine, be disqualified for election or appointment as an officer of the society.
(3) If the managing committee is not dissolved and reconstituted within the time determined, and in such manner as may be directed by the Registrar under sub-section (1), the Registrar may, by order, dissolve 172 The West Bengal Co-operative Societies Act, 1973.
XXXVIll of 1973.]
(Chapter 111—Status and management of co-operative societies.—Section 26.)
the managing committee, and members thereof shall forthwith vacate their offices, and the Registrar shall thereupon appoint a managing committee with the nominees, if any, of the State Government on the managing committee which has been dissolved and with such members of the co-operative society as he thinks fit, to manage the affairs of the co-operative society for such period not exceeding one year, and to arrange for the constitution of a new managing committee by such date as the Registrar may determine.
(4) An order under sub-section (3) shall be in writing, shall set forth the reasons for which they are made, and shall be made only after an opportunity has been given to the defaulting managing committee to state its objections, if any, thereto.