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[Cites 0, Cited by 0] [Section 24A] [Entire Act]

State of Bihar - Subsection

Section 24A(1) in The Bihar Co-operative Societies Act, 1935

(1)Notwithstanding anything contained in this Act, where a compromise or arrangement is proposed between a registered society and its creditors or any class of them, the Registrar may, on the application in a summary way of the society or of any creditor, or in the case of a society in respect of which an order of winding up has been passed, of the liquidator, order a meeting of the creditors or class of creditors as the case may be, to be called, held and conducted in such manner as may be prescribed by Rules.