section 57-D[57-A]
Taking of possession of records and property
The Chhattisgarh Co-operative Societies Act, 1960Corporate1960195 sections
Statutory text
- (1) Where the Registrar is satisfied that the books and records of a society are likely to be suppressed, tempered or destroyed or the funds and property of any society are likely to be misappropriated or misapplied, the Registrar or the person authorized by him may apply to the Executive Magistrate within whose jurisdiction the society is functioning, to seize and take possession of the records and property of the society.
- (2) On receipt of the application under sub-section (1), the Magistrate may authorize any police officer not below the rank of Sub-Inspector, to enter and search any such place where such records and property are kept or are likely to be kept, and to seize them and hand over the possession thereof, as is, to the Registrar or the person authorized by him.
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