Bare ActsThe West Bengal Co-operative Societies Act, 1973

Section 106

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

(1) After the expiry of the period prescribed for making an application to have the sale set aside, the bank or the society, as the case may be, shall, in the prescribed manner, submit to the Registrar a report setting forth the proceedings of the Sale Officer, the result of the sale and details of any application made under section 105. (2) Upon receipt of such report the Registrar shall— (a) if an application has been made under section 105 and if the amounts specified in that section have been deposited by the applicant, make an order setting aside the sale and requiring the bank or the society, as the case may be, to pay to the purchaser the sum deposited under clause (b) of section 105; and (b) if no application has been made under section 105 or an application has been made but the amount specified in that section has not been deposited by the applicant, or an application has been disallowed by the bank or the society, as the case may be, make an order confirming the sale. 222 The West Bengal Co-operative Societies Act, 1973. XXXVIII of 1973.] • (Chapter XIL—Special provisions for co-operative land development bank, central co-operative bank, primary co-operative credit society and apex housing society.--Sections 107-109.) (3) Where an order confirming a sale is made under sub-section (2), the sale shall thereupon become absolute.

Section 106 – The West Bengal Co-operative Societies Act, 1973 | DailyLaw.ai