section 68
Dissolution of self-supporting co-operative society by the Registrar.
The Punjab Self Supporting Cooperative Societies Act 2006Corporate200683 sections
Statutory text
68. The Registrar may dissolve a self-supporting co-operative society or appoint a liquidator in respect of that society, if he has reason to believe that— (a) a self-supporting co-operative society has not commenced business within two years after the date of its registration or has not carried on business for two consecutive years after registration ; or (b) a self-supporting co-operative society has contravened any of the provisions of this Act : Provided that before dissolving a self-supporting co-operative society or appointing a liquidator, an opportunity of being heard to such society shall be given by the Registrar.
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