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Notice from deputy registrar of rajasthan co-operative socie

(Querist) 24 May 2017 This query is : Resolved 
Ex-Chairman of the cooperative bank charged for embazzlement of funds, but the fact is he resined from office before the fraud actually happened. According to FIR, Ex-chairman before resigning, made entry of new directors by making forged documents and resigned from the office. After that the new board commit fraud of 17 crore to which the ex -chairman has no involvement.
*Matter pending in court.
* Charge not framed.

Now the ex-chairman got demand notice of joint liability to funish 17 crore, from deputy registrar of cooperative society u/s 101(a)(b) of rajasthan cooperative society act 2001 for attachment before award/ judgement.

* My question is, Is this notice of joint liability maintainable. Or they should serve notice according to personal liblity.
P. Venu (Expert) 25 May 2017
The matter requires professional consultation.


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