Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Co-operative Societies (Special Provisions) Act (No. 35 of 1970) - Sect 6

Power of Registrar to control liquidations

6. A liquidator shall exercise his powers subject to the control and revision of the Registrar, who may
(a) rescind or vary any order made by a liquidator and make whatever new order is required;
(b) remove a liquidator from office;
(c) call for all books, documents, and assets of the society;
(d) by order in writing limit the powers of a liquidator under section 5;
(e) require accounts to be rendered to him by the liquidator at his discretion;
(f) procure the auditing of the liquidator's accounts and authorize the distribution of the assets of the society;
(g) make order for the remuneration of the liquidator;
(h) refer for arbitration any dispute (not being a dispute so referable under section 5 (1) (d) between the liquidator and any third party, if such party consents in writing to be bound by the decision of the arbitrator.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]