Registrar to bring defects disclosed in inquiry or inspection to notice of society

Corporate2024155 sections12 chapters

Chapter VIII AUDIT, INQUIRY, INSPECTION AND SUPERVISION

Statutory text

(1) If, the result of any inquiry held under section 92 or inspection made under section 93 or 94, discloses any defect in the constitution, working or financial condition or the books of a society, the Registrar may bring such defects to the notice of the society and the Registrar may also make an order directing the society or its officers to take such action as may be specified in the order to remedy the defects, within the time specified therein.
(2) The society concerned may make an appeal against an order made by the Registrar under sub-section (1) to the Administrator within a period of two months from the date of the communication of the order to the society.
(3) The Administrator may, in deciding the appeal, annul, reverse, modify or confirm the order of the Registrar.
(4) Where the society fails to rectify the defects as directed by the Registrar and where no appeal has been made to the Administrator under sub-section (2) or where on the appeal so made the Administrator has not annulled, reversed or modified the order, the Registrar may himself take steps to have the defects rectified, and may recover the cost from the officers of the society who, in his opinion, have failed to rectify the defects.

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