Amendment status not verified — confirm the current text below against the official source.
Action on Special Audit or Enquiry Report. — On communication of a special audit report under section 34 or an enquiry report under section 36 to the persons concerned the Registrar may, where the special audit or enquiry report reveal mismanagement on the part of any or all of the office-bearers or directors, without prejudice to any civil or criminal proceeding to which they may be liable- (a) direct the board to convene a general body meeting within such reasonable time as he may specify to enable him to bring to the notice or the general bode, either directly or through his nominee, the findings of special audit or enquiry report, for necessary action; or (b) make a prayer to the Cooperative Tribunal for necessary action. CHAPTER v//- SETTLEMENT OF DISPUTES 39 Constitution of Cooperative Tribunals. — Subject to such rules as may be prescribed the State Government shall, by a notification published in the Official Gazette, constitute as may Cooperative Tribunals as may be necessary, for such area of areas as many be specified the notification, consisting of one or more members to exercise all the (a) direct the board to convene a general body meeting within such reasonable time as he may specify to enable him to bring to the notice or the general bode, either directly or through his nominee, the findings of special audit or enquiry report, for necessary action; or (b) make a prayer to the Cooperative Tribunal for necessary action. (c) between the Co-operative Society or its board and past board, director, office- bearer, or the nominee, heirs or legal representatives of any deceased director, deceased office-bearer of the Cooperative Society, or (d) between the Cooperative Society and other Cooperative Society, or (e) between the promoters of a Cooperative Society and the Registrar, or a Cooperative Society and the Registrar, or (f) between a Cooperative Society and liquidator of another Cooperative Society or between the liquidators of more Cooperative Societies, Such disputes may be referred to Cooperative Tribunal for decision: Provided that no dispute shall be referred under this section to the Cooperative Tribunal unless the disputing parties exhausted all remedies that may be available in the bye-laws for the settlement of disputes. (2) Any dispute relating to elections held to a Cooperative Society may be referred to the Cooperative Tribunal for decision. (3) Any appeal against a decision of the Tribunal shall lie before the High Court within sixty days of the date of order.