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[Cites 0, Cited by 0] [Section 48] [Entire Act]

State of Karnataka - Subsection

Section 48(2) in The Karnataka Souharda Sahakari Act, 1997

(2)Where the Registrar has reasonable cause to believe that a Co-operative.-
(a)has not commenced business within two years after registration; or
(b)has not carried on business for two consecutive years; or
(c)is no longer operating in accordance with the co-operative principles and the provisions of this Act, rules and the bye-laws of the Co-operative,
he may suo moto [or on the recommendation of the federal co-operative] require the Chief Executive of the Co-operative to intimate whether such Co-operative is carrying on business or is submitting annual returns.