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[Cites 0, Cited by 0] [Section 55] [Entire Act]

State of Uttarakhand - Subsection

Section 55(3) in Uttarakhand Self Reliant Co-Operatives Act, 2003

(3)Where the examination mentioned in sub-section (2) discloses that a person has concealed, withheld or misappropriates property of the co-operative, the Court may order that person to restore the property or pay compensation to the liquidator on behalf on the co-operative.