Bare ActsThe West Bengal Co-operative Societies Act, 1973

Section 125

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

(1) Subject to the rules, the Registrar, if it appears to him that any person or co-operative society with intent to defeat or delay the execution of any order that may be made under Chapter X, XI, XII or XIII— (a) is about to dispose of the whole or any part of his or its property; or (b) is about to remove the whole or any part of his or its property from the local limits of the jurisdiction of the Registrar, may, by an order in writing, direct such person or co-operative society, within a time to be fixed by him either to furnish security, in such sum Power to direct conditional attachment. 229 The West Bengal Co-operative Societies Act, 1973. [West Ben. Act Power to direct payment of dues. Charge and surcharge. (Chapter )(Ill.—Enforcement of obligations and sums due.— Sections 126, 127.) as may be specified in the order, to produce and place at the disposal of the Registrar, when required, the said property or the value of the same, or such portion thereof as may be considered sufficient by the Registrar, or to show cause why he or it should not furnish such security. The Registrar may also in the order direct the conditional attachment of the said property or such portion thereof as he thinks fit. (2) Such attachment shall have the same force and effect as if it had been made by a Civil Court and shall continue in force until withdrawn or cancelled by the Registrar.

Section 125 – The West Bengal Co-operative Societies Act, 1973 | DailyLaw.ai