Amendment status not verified — confirm the current text below against the official source.
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
No person shall be appointed as liquidator, if he— (a) has vested interest in the affairs of the self-supporting co-operative society ; (b) is insolvent, insane or of unsound mind ; or (c) iscriminally convicted of any offence involving moral turpitude.