Bare ActsThe Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015)

Section 63

Cost of Inquiry, Inspection and Recovery of costs.

Amendment status not verified — confirm the current text below against the official source.

(1) When an inquiry is held under sub-section (1) of section 61 or an inspection is made under sub- section (1) of section 62, the Registrar may, after giving the parties an opportunity of being heard, apportion the cost or such part of the cost as he may deem fit, between The co-operative society, the members thereof or the affiliating co-operative society or the creditor or creditors applying for such inspection or inquiry, as the case may be, and the officers, former officers, members and past members of the co-operative society. (2) No expenditure from the fund of a registered co-operative society shall be incurred for the purpose of defraying any cost in support of any appeal preferred by any person other than the cooperative society itself against an order under sub-section (1). (3) Any person authorized by the Registrar under Section 61 and 62 shall have all the powers of the Registrar when acting under these sections. (4) Any sum awarded by way of cost under this section shall be recoverable through a Co-operative Demand Certificate.

Section 63 – The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015) | DailyLaw.ai