AdvocateKhoj
Login : Advocate | Client
Home Post Your Case My Account Law College Law Library
  
  
  
    

Co-Operative Societies Act 2008

159. Notice of dissolution by members

1.      When the Registrar approves a special resolution passed pursuant to section 158 he shall, at the expense of the society, cause a notice of the special resolution to be published once a week for 2 consecutive weeks in a newspaper circulated in .

2.      Notwithstanding subsection (1), where the Registrar receives an affidavit from the officers of a society stating that the society has no assets and no liabilities and he is satisfied that it is appropriate, he may-

a.      exempt the society from the requirements of subsection (1); and

b.     cause, at the expense of the Registrar, a notice of the special resolution passed pursuant to section 158(1) to be published in the Gazette or in a newspaper circulating in .

1.     

2.     

3.      The Registrar shall require from a society, liquidator or trustee appointed by a society or any other person who is required to furnish information, an annual or other return showing-

a.      the progress of dissolution;

b.     the distribution of any undistributed surplus or reserve;

c.      the progress of the administration of a trust established in accordance with this section; and

d.     any other information that he may require.









  

Client Area | Advocate Area | Blogs | About Us | User Agreement | Privacy Policy | Advertise | Media Coverage | Contact Us | Site Map
Powered by Neosys Inc
Information provided on advocatekhoj.com is solely available at your request for informational purposes only and should not be interpreted as soliciting or advertisement