Cognisance of offences

(1) No court inferior to that of a Magistrate of the first class shall try any offence under this Regulation. (2) No prosecution shall be instituted under this Regulation without the previous sanction of the Registrar and such sanction shall not be given without giving to the person concerned a reasonable opportunity to represent his case. All the books and records of a co-operative society whose registration has been cancelled may be destroyed under the orders of the Registrar, after the expiry of a period of three years from the date of such cancellation.