(1) The Registrar may, at any time of his own motion or shall at the request of the administrative head in charge of the District or Civil Sub-Division or other Administrative Area, hold an inquiry or direct some person authorized by him by order in writing in this behalf, to hold an inquiry into the constitution, working and financial condition of a registered cooperative society.
(2) Such an inquiry shall also be held on the application of- (i) the affiliating co-operative society, if any, of which the cooperative society is a member and a debtor;
(ii) a majority of the members of the managing body;
(iii) one-third of the members of the co-operative society who shall have deposited such security for cost, if any, as the Registrar may direct;
(iv) creditors representing not less than one half of the borrowed capital of the co-operative society who shall have deposited such security for costs, if any as the Registrar may direct.
(3) The Registrar shall communicate the result of any enquiry under the section to the co-operative society and to the person at whose request such enquiry was made.
(2) Such an inquiry shall also be held on the application of- (i) the affiliating co-operative society, if any, of which the cooperative society is a member and a debtor;
(ii) a majority of the members of the managing body;
(iii) one-third of the members of the co-operative society who shall have deposited such security for cost, if any, as the Registrar may direct;
(iv) creditors representing not less than one half of the borrowed capital of the co-operative society who shall have deposited such security for costs, if any as the Registrar may direct.
(3) The Registrar shall communicate the result of any enquiry under the section to the co-operative society and to the person at whose request such enquiry was made.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 62Inspection of a Cooperative Society. →All sections / सभी धाराएँThe Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015) →
More sections of this act
Section 1 · Short title,extent and commencementSection 2 · DefinitionsSection 3 · The Registrar.Section 4 · Co-operative Societies which may be registered.Section 5 · Age, qualification of a member.Section 6 · Conditions of registration.Section 7 · Restrictions on acquisition of Share in a Cooperative Society.Section 8 · Power of Registrar to decide certain questions.India Code, Government of India. Text fetched 10 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.