Amendment status not verified — confirm the current text below against the official source.
(1) (a) Subject to the provisions of clause (b), on the application Inspection of books of an of a creditor of a co-operative society, an inspection shall be made of the indebted co- books of the society by he Registrar or by a person authorised by him in operative society and this behalf by general or special order in writing. seizure of (b) No such inspection shall be made unless— records, etc., of a co- (i) the Registrar, after giving the society an opportunity operative of being heard, is satisfied that the alleged debt is a society. sum then due, and that the creditor has demanded payment thereof and has not received satisfaction within a reasonable time; and 211 The West Bengal Co-operative Societies Act, 1973. Inquiry by Registrar. [West Ben. Act (Chapter IX.—Audit, inspection and inquiry.—Sections 84, 85.) (ii) the creditor deposits with the Registrar such sum as security for the costs of the inspection as the Registrar may direct. (c) The Registrar shall communicate the result of any inspection under this section to the creditor, to the society and to the financing bank, if any, of which the society is a member. (2) An Inspector of Co-operative Societies may, with the written approval of the Registrar or any other officer authorised by him in this behalf, seize any record, book, register or document of any co-operative society during working hours to carry out any of the purposes of this Act: Provided that no such seizure shall be made unless a written requisition is served on the co-operative society specifying therein the record, book, document or register to be seized and the reasons therefor.