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The Delhi Co-operative Societies Act

# 68    Priority of contributions assessed by liquidator

Notwithstanding anything contained in the Provincial Insolvency Act, 1920 (5 of 1920), the contribution assessed by a liquidator shall rank next to debts due to the Government or to any local authority in order of priority in insolvency proceedings.

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WINDING UP OF CO-OPERATIVE SOCIETIES
  • 64
     Winding up of co-operative banks at the direction of the Reserve Bank
  • 65
     Reimbursement to the Deposit Insurance Corporation by the liquidator
  • 66
     Liquidator
  • 67
     Powers of liquidator
  • 69
     Power of Registrar to cancel registration of a co-operative society
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