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[Cites 0, Cited by 0] [Section 110] [Entire Act]

State of Mizoram - Subsection

Section 110(c) in Mizoram Cooperative Societies Act, 2006

(c)on his own motion, in case of a co-operative which or whose:
(i)has not commenced its working within a period of one year from the date of registration,
(ii)has ceased working,
(iii)the shares or deposit of members have been reduced below the minimum level prescribed under this Act, rules or bye-laws,
(iv)membership has been reduced below the minimum number prescribed for registration of a co-operative under sub section (4) or (5) of section 9, is of the opinion that the co-operative ought to be wound up, he may, after giving reasonable opportunity for making representation by concerned co-operative an if not satisfied with the reply or answers furnished by such co-operative, he may direct the co-operative to be wound up.