(1) The Registrar may on the basis of findings of audit or inspection under section 61
or request from any creditor, or not less than one-thirds of the total members of
the co-operative society, by general or special order in writing in this behalf, hold
an inquiry or direct any of the subordinate officials authorised by general or
special order in this behalf to hold an inquiry in respect of such matters and such
period as may be specified in this order, into the constitution, business,
management and financial affairs of a co-operative society and such enquiry
shall be completed within such period as may be specified in the order but not
exceeding ninety days.
(2) The Registrar or the official authorised by him under sub-section (1) shall have
the following powers, namely -
(a) he shall at all times have, for purpose of examination free access
to the books, accounts, cash and other properties belonging to,
or in the custody of, the co-operative society and may summon
any person in possession or responsible for the custody of any
such books, accounts, documents, securities, cash or other
properties to produce the same at any place specified by him;
(b) he may, notwithstanding any rule or bye-laws specifying the
period of notice for a general body meeting of the co-operative
society, require the officers of the co-operative society to call a
general body meeting at such time and place at the
headquarters of the co-operative society to consider such matter
as may be directed by him and where the officer of the co-
operative society refuse or fail to call such a meeting, he shall
have power to call it himself;
(c) he may summon any person who is reasonably believed by him
to have any knowledge of the affairs of the co-operative society
to appear before him at any place at the headquarters of the co-
operative society or any branch thereof and may examine such
person on oath.
(3) Any meeting called under clause (b) of sub-section (2) shall have all the powers of
a general body meeting called under the bye-laws of the co-operative society and
its proceedings shall be regulated by such bye-laws.
(4) The Registrar shall supply a copy of the report of the inquiry to the co-operative
society, the financing institution, federal co-operative society if any, to which the
co-operative society is affiliated and indebted and also to the person or authority,
if any, at whose instance the inquiry is made.
Section 62 • THE DELHI CO-OPERATIVE SOCIETIES ACT, 2003
Section 62. Inquiry by the Registrar.
the-delhi-co-operative-societies-act-2003-sec-62.json
•
Section 62
{
"act_title": "THE DELHI CO-OPERATIVE SOCIETIES ACT, 2003",
"act_slug": "the-delhi-co-operative-societies-act-2003",
"section_label": "Section",
"section": {
"number": "62",
"title": "Section 62. Inquiry by the Registrar.",
"chapter": null,
"content": "(1) The Registrar may on the basis of findings of audit or inspection under section 61 \nor request from any creditor, or not less than one-thirds of the total members of \nthe co-operative society, by general or special order in writing in this behalf, hold \nan inquiry or direct any of the subordinate officials authorised by general or \nspecial order in this behalf to hold an inquiry in respect of such matters and such \nperiod as may be specified in this order, into the constitution, business, \nmanagement and financial affairs of a co-operative society and such enquiry \nshall be completed within such period as may be specified in the order but not \nexceeding ninety days. \n(2) The Registrar or the official authorised by him under sub-section (1) shall have \nthe following powers, namely - \n(a) he shall at all times have, for purpose of examination free access \nto the books, accounts, cash and other properties belonging to, \nor in the custody of, the co-operative society and may summon \nany person in possession or responsible for the custody of any \nsuch books, accounts, documents, securities, cash or other \nproperties to produce the same at any place specified by him; \n(b) he may, notwithstanding any rule or bye-laws specifying the \nperiod of notice for a general body meeting of the co-operative \nsociety, require the officers of the co-operative society to call a \ngeneral body meeting at such time and place at the \nheadquarters of the co-operative society to consider such matter \nas may be directed by him and where the officer of the co-\noperative society refuse or fail to call such a meeting, he shall \nhave power to call it himself; \n(c) he may summon any person who is reasonably believed by him \nto have any knowledge of the affairs of the co-operative society \nto appear before him at any place at the headquarters of the co-\noperative society or any branch thereof and may examine such \nperson on oath. \n(3) Any meeting called under clause (b) of sub-section (2) shall have all the powers of \na general body meeting called under the bye-laws of the co-operative society and \nits proceedings shall be regulated by such bye-laws. \n(4) The Registrar shall supply a copy of the report of the inquiry to the co-operative \nsociety, the financing institution, federal co-operative society if any, to which the \nco-operative society is affiliated and indebted and also to the person or authority, \nif any, at whose instance the inquiry is made.",
"footnote": "",
"is_definition": false,
"sort_order": 690
},
"prev_section": "61",
"next_section": "63"
}