https://www.taxtmi.com/caselaws?id=800787 Under the West Bengal Co-operative Societies Act, prior Reserve Bank sanction concerning an insured co-operative bank does not replace the Registrar's duty to satisfy the statutory conditions for winding up. A Section 99 winding-up process requires a valid Section 92 inspection, communication of the inspection report or summary to affected stakeholders, an independent recorded opinion, and a meaningful opportunity to be heard where grave civil consequences arise. A member may appeal a winding-up order under Entry 13 of the Third Schedule despite liquidation; requiring recourse through a liquidator whose appointment is contested would undermine that right and conflict with the rule against self-judging. en-us Wed, 16 Sep 2026 00:00:00 +0530 Mon, 12 Oct 2026 04:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800787 Under the West Bengal Co-operative Societies Act, prior Reserve Bank sanction concerning an insured co-operative bank does not replace the Registrar's duty to satisfy the statutory conditions for winding up. A Section 99 winding-up process requires a valid Section 92 inspection, communication of the inspection report or summary to affected stakeholders, an independent recorded opinion, and a meaningful opportunity to be heard where grave civil consequences arise. A member may appeal a winding-up order under Entry 13 of the Third Schedule despite liquidation; requiring recourse through a liquidator whose appointment is contested would undermine that right and conflict with the rule against self-judging. Case-Laws Companies Law Wed, 16 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800787