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[Cites 0, Cited by 0] [Section 78] [Entire Act]

State of Himachal Pradesh - Subsection

Section 78(1) in Himachal Pradesh Co-Operative Societies Act, 1968

(1)The Registrar may and if the rules in any case so prescribe shall, by an order in writing, direct that a co-operative society shall be wound up, if-
(a)after an inspection has been made under section 65 or section 66 or any inquiry has been held under section 67; or
(b)on an application made upon a resolution carried by three-fourth of the members of the society present at a special general meeting called for the purpose; or
(c)on his own motion in the case of a society which-
(i)has not commenced working; or
(ii)has ceased working; or
(iii)has share capital and members deposits not exceeding rupees one thousand; or
(iv)has ceased to comply with any condition as to registration in this Act or in the rules or bye-laws; he is of the opinion that society ought to be wound up.