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[Cites 0, Cited by 0] [Section 16A] [Entire Act]

State of Uttarakhand - Subsection

Section 16A(1) in Uttarakhand Co-Operative Societies Act, 2003

(1)Where in the opinion of the Registrar amalgamation or merger of two or more co-operative societies is necessary or desirable for increasing their strength or usefulness, he may, notwithstanding anything to the contrary contained in this Act, after consulting the financing bank, if any, to which the societies are indebted, call upon such societies by order in by writing, to amalgamate or merge, within such time as may be specified by him, into one society, and thereupon the societies shall take all such steps, as may be necessary for that purpose in accordance with the provisions of section 15.