Registrar inquiry powers expanded to enable written information calls and mandatory periodic inquiries into multi-State co-operative societies. The amendment empowers the Central Registrar to require, by written order, a multi-State co-operative society to furnish a board-endorsed written explanation where information indicates business is carried on for a fraudulent or unlawful purpose; if unsatisfied, the Registrar may himself or through authorised agencies inquire into the society's constitution, working and financial condition. It also mandates periodic suo motu inquiries by the Registrar or authorised officers at intervals determined by the Central Government.
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Registrar inquiry powers expanded to enable written information calls and mandatory periodic inquiries into multi-State co-operative societies.
The amendment empowers the Central Registrar to require, by written order, a multi-State co-operative society to furnish a board-endorsed written explanation where information indicates business is carried on for a fraudulent or unlawful purpose; if unsatisfied, the Registrar may himself or through authorised agencies inquire into the society's constitution, working and financial condition. It also mandates periodic suo motu inquiries by the Registrar or authorised officers at intervals determined by the Central Government.
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