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[Cites 0, Cited by 0] [Section 61] [Entire Act]

State of Assam - Subsection

Section 61(2) in The Assam Co-operative Societies Act, 1949

(2)An inspection of a registered society shall be made by the Registrar or any person authorised by him in this behalf by an order in writing a I any time on the application of a creditor of a registered society :Provided that no inspection shall be made under this sub-section unless (i) the creditor deposits with the Registrar such sum as security for the cost of the proposed inspection as the Registrar may require, and (ii) the creditor satisfies the Registrar that the alleged debt is a sum then due and that he has demanded payment thereof and has not received satisfaction within a reasonable time;Provided further that no inspection shall be conducted under this sub-section without giving the society an opportunity of being heard.