Mcs act 1963

BEENA SINGH (Querist) 16 October 2013 This query is : Resolved
Under which section of MCS act an application can be file for the recovery of interest by ex-chairman on misuse of funds when he was treasurer...

And what action can be taken.

earlier it was filed by some other advocate before registrar u/s 101 which was rejected on the ground of wrong section.

and also need a format of legal opinion on the same topics...

I will be very thanksfull to all of you.

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Sarvesh Kumar Sharma Advocate (Expert) 16 October 2013
Anti corruption act.

Sarvesh Kumar Sharma Advocate (Expert) 16 October 2013
Section 7/13 .

Rajendra K Goyal (Expert) 17 October 2013
Well advised, nothing more to add.

ajay sethi (Expert) 17 October 2013
we dont provide any formats .
you can move cooperative court against ex chairman for recovery of funds mused by said treasurer while in office

BEENA SINGH (Querist) 17 October 2013
Thank u sharmesh sir, but society doesn't want to get in to more litigation...any other act oof MCS.

because pending interest 21000/- only and somwhere 750000/ rs. which respondent is claiming back saying that he has deposited extra in society account by making fraud audit report.

Thanks once agaiain

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