Section 97 in The Meghalaya Co-operative Societies Rules
97. Procedure of taking over charge and preparation of final balance-sheet.
- The liquidators while taking over charge of the dissolved society as provided in Sections 65(3) and 66(2) shall-(i)prepare a list of the books, records, cash and other properties of the society taken charge of ;(ii)prepare an up-to-date list of-(a)members ;(b)past members with dates of their withdrawal; and(c)deceased members, with dates of their decease name of the legal heirs who represent their estates ;(iii)make a final audit of the accounts of the society ;(iv)draw up final balance-sheet as it stands on the date of cancellation of registration; and(v)prepare a statement in the prescribed form, showing assets and liabilities as in the final balance-sheet.
