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[Cites 0, Cited by 0] [Section 15] [Entire Act]

State of Mizoram - Subsection

Section 15(1) in Mizoram Cooperative Societies Act, 2006

(1)The Registrar shall have the power to deregister a co-operative for the following reasons, namely:
(a)the registration of co-operative is obtained by misrepresentation or fraud made by promoter applicants;
(b)the co-operative failed to commence the business within a period of two years after the receipt of registration certificate;
(c)after the commencement of business the co-operative failed to continue the business for a further period of two years;
(d)the work or task of the co-operative is completed or exhausted;
(e)the purpose for which the co-operative has been registered is not served within a reasonable time;
(f)the cooperative deemed registered under sub-section (4) or (5) of section 10, failed to fulfill the conditions required for registration of cooperative which fact was noticed only after it received the deemed status.