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[Cites 0, Cited by 0] [Section 86] [Entire Act]

State of Arunachal Pradesh - Subsection

Section 86(1) in Arunachal Pradesh Co-operative Societies Act, 1978

(1)On the application of a creditor of a society who-
(a)satisfies the Registrar that the debt is a sum then due, and that he has demanded payment thereof and has not received satisfaction within a reasonable time; and
(b)deposits with the Registrar such sum as the Registrar may require as security for the cost of any inspection of the books of the society;
the Registrar may, if he thinks it necessary, inspect or direct any person authorised by him by order in writing in this behalf to inspect the books of the society.