https://www.taxtmi.com/caselaws?id=391957 Section 50(2) of the Bihar Self Supporting Co-operative Societies Act, 1996 was examined for its scope over FIRs and criminal proceedings against a co-operative society and its office-bearers. The Court analysed Chapter X, the liquidator's powers and the jurisdictional bar, and compared the wording with Section 446 of the Companies Act, 1956 and authorities on the phrase "other legal proceedings." It stated that it could not agree with the earlier co-ordinate Bench view that the bar extends to criminal proceedings or the lodging of an FIR, but it did not finally decide the point. The issue was directed for consideration by a Division Bench. en-us Mon, 06 Jan 2020 00:00:00 +0530 Tue, 11 Feb 2020 07:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391957 Section 50(2) of the Bihar Self Supporting Co-operative Societies Act, 1996 was examined for its scope over FIRs and criminal proceedings against a co-operative society and its office-bearers. The Court analysed Chapter X, the liquidator's powers and the jurisdictional bar, and compared the wording with Section 446 of the Companies Act, 1956 and authorities on the phrase "other legal proceedings." It stated that it could not agree with the earlier co-ordinate Bench view that the bar extends to criminal proceedings or the lodging of an FIR, but it did not finally decide the point. The issue was directed for consideration by a Division Bench. Case-Laws Companies Law Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391957