2021 (5) TMI 83
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....39;BLE MR. JUSTICE RAMESHWAR VYAS For Petitioner(s) : Mr. Sumit Singhal Order 1. This writ petition (PIL) has been filed by the petitioners no.1 & 2, who are advocate by profession and the petitioners no.3 & 4 claim to be involved in social welfare activity, seeking directions to the respondents in following terms: "a) Hon'ble Court may kindly graciously pleased to issue writ of certitorary o....
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....y Act, 2002 as mention in 8.6 of the petition and to stop the misuse of the Act, 2002 and to prevent from defraud or cheating and misappropriation of deposit and safe gaurd of money prejudicial to the interest of the investor and depositor; d) Any such other/further order(s) as this Hon'ble court may deem fit and proper in the facts and circumstance of the case meet the ends of justice in the in....
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....ver to the liquidator, the respondent no.4 herein. 3. It is averred in the petition that the Central Registrar, Multi-State Cooperative Society has already passed an order for winding up of ACCSL and appointed liquidator for the liquidation of the society. However, the properties of the society have been provisionally attached by the Enforcement Directorate under the provisions of the Prevention ....
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....lso empowered to direct winding up of the society on his own motion. Thus, nothing prevented the aggrieved persons from approaching the Central Registrar to initiate the process for winding up of the society. Suffice it to say that the matter with regard to the winding up of a cooperative society is governed by the statutory provisions and therefore, we do not find any good reason to entertain the....