section 57-A
Taking possession of record and property
The Madhya Pradesh Co-operative Societies Act, 1960Corporate1960154 sections
Statutory text
(1) Where the Registrar is satisfied that the books and records of a society are likely to be suppressed, tampered with or destroyed, or the funds and property of a 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, for seizing and taking 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 a sub-
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