Co-Operative Societies Act 2008
155.
Directions by court
Upon
an application by a receiver-manager of a society, whether appointed by the
Court or under an instrument upon an application by an interested person,
including the Registrar, the Court may make any order it thinks fit, on any
matter including, an order-
a. appointing, replacing
or discharging a receiver or receiver manager and approving his accounts;
b. determining the
notice to be given to any person or dispensing with notice to any person;
c. fixing the
remuneration of the receiver or receiver-manager;
d. requiring the
receiver or receiver-manager, or a person by or on behalf of whom he is
appointed-
i.
to
make good any default in connection with the receiver’s or receiver-manager’s
custody or management of the property and business of the society; and
ii.
to
relieve a receiver or a receiver- manager, or a person by or on behalf of whom
a receiver or receiver-manager is appointed from any default on any terms that
the court considers appropriate;
a.
b.
c.
d.
e. confirming any act of
the receiver or receiver-manager; and
f. giving
directions on any other matter relating to the duties of the receiver or
receiver-manage