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[Cites 0, Cited by 0] [Section 76] [Entire Act]

State of Sikkim - Subsection

Section 76(1) in Sikkim Co-Operative Societies Act, 1978

(1)Where the Registrar has made an order under section 75 for the winding up of a society, the Registrar may appoint a liquidator for the purpose and fix his remuneration and may remove such person and appoint another in his place.:Provided that it shall not be necessary to appoint any liquidator for winding up of a society which has not commenced working, or has share capital and members' deposits not exceeding five hundred rupees.