Regarding coperative socities. punjab
aman
(Querist) 19 September 2012
This query is : Resolved
i am a petitenior. i submit 4 lakh 20 thousand in limited society approved by cooperative department punjab. in which they give 12 per interest but after due date. they cant give me interest. then i go to district consumer form. in which additonal registrar cop society appoint liqudator regarding my case. . and the liquadator and asst registrar siezed his property. now 5 year passed they cant take any action on it.i give many application to registrar (ias) cop society, add registrar. but they forward to down. now asst registrar write through appliation that there is no money in the account of the society we will examine . and when we recover amount then distribute to you but no budy can proceed this case. when i go to liquadator office they said we are on processing. but 6 yer passed conclusion is zero. when we say to auction her property they cant process. which means staff of this department is with accused person they help her. now what can i do leagelly
ajay sethi
(Expert) 19 September 2012
if society has no funds then you wont be able to recover ny money . you have stated that following your complaint liquidator has been appointed for said society . contact a local lawyer . it is necessary to go through the case papers to advise .