section 53B
Disqualification of Directors
The Karnataka Souharda Sahakari Act, 1997General199786 sections12 chapters
Chapter IX THE FEDERAL CO-OPERATIVE
Statutory text
Disqualification of Directors. If federal Co-operative fails to function in accordance with Act, Rules the Registrar may disqualify the persons who are responsible for the failure, after due inquiry and giving reasonable opportunity. Provided, if vacuum situation is created in section 38A shall apply mutatis-mutandis.
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