Chairman of co-operative society is liable for dishonour cheque issued by him
Section 2(20) of the Maharashtra Cooperative
Societies Act, 1960, in fact, embrace in its sweep
term `officer' to mean and include, a person
ig
elected or appointed by a society to any office of
such society according to its bylaws; and includes a
chairman, vicechairman, president, vicepresident,
managing director, manager, secretary, treasurer,
member of the committee, and any other person elected
or appointed under this Act, the rules or the by
laws, to give directions in regard to the business of
such society. In the light of this definition, the
status of the applicant, visavis, Vyankat society,
is primarily indicated. The applicant is vicariously
liable to affairs of company as he was at the
material time responsible to the affairs of society
as a Chairman and he was drawer of the cheque. Any
subsequent change in status will not be detrimental
to the complainant.
IN THE HIGH COURT OF JUDICATURE OF BOMBAY
BENCH AT AURANGABAD
Ritesh s/o Deoram Patil
VERSUS
Dhanvantari Urban Co.op.
Credit Society Ltd.,
22nd JANUARY,2013.
