Bare ActsThe Tripura Co-operative Societies Act 1974

Section 86

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

(1) Every society shall be liable at any time to inspection by the Registrar at his own motion either by himself or by any person authorised by him in this behalf by general or special order. (2) The Registrar or the person authorised by him in this behalf, shall for the purpose of inspection, at all times, have access to all the books accounts, documents, securities, papers, cash and other properties belonging to, or in the custody of the society for examination and verification of the same and shall also call for such information, statements and returns as may be necessary to ascertain the financial condition and working of the society and may summon any person, who is, or has at any time been, an officer or employee of the society and every member and past member of the society, in possession or responsible for the custody of such books, accounts, documents, papers, securities, cash and other properties to produce the same at any place in the headquarters of the society or any branch thereof to such officer as and when required. (3) The result of an inspection shall be communicated to the society and to the financing bank to which it is affiliated. It the inspection disclose any defects in the working and financial condition of a society, Registrar or the person authorised by him in this behalf may bring such defects to the notice of the society in order to remedy the defects disclosed in inspection within such time as may be specified therein. Explanation, For the purpose of this section, the expression “inspection” includes supervision of society also.

Section 86 – The Tripura Co-operative Societies Act 1974 | DailyLaw.ai