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Kavitha Balan   08 August 2024

Fraudulent activities in associatiaon account

This is TN. The association members has passed the fy documents by themselves without considering the queries from residinets on the discrepencies involved in it. 

It has lot of transactions which has no bills/ voucher , which are even not documented in the audit sheet. 

Almost lakhs are missing in it. 

When we raise it to the registrar, registrar said this is not their jurisdiction for this financial transaction issues and go to PS.

Kindly advice if PS is the right place for it? As I have experiences of PS, with very less response and no productive outcome. 



 3 Replies

T. Kalaiselvan, Advocate (Advocate)     08 August 2024

This is a case of misappropriateion or embezzlemetn of funds done by a particular person/s and have usurped the association funds.

On the basis of the documentary evidences you rely upon, lodge a criminal complaint against the wrong doers/accused with the jurisdiction police station.

If the local police is not responding properly then you may escalate the matter before the higher police officer of the city.

Dr. J C Vashista (Advocate )     09 August 2024

This is Delhi and not TN.

Find local solution through a prudent lawyer, if you feel aggrieved.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     09 August 2024

The Registrars of Cooperative Societies are responsible for: 1. Registration: Registering new cooperative societies, amendments to existing societies, and conversions of existing societies into cooperative societies. 2. Regulation: Ensuring compliance with the Cooperative Societies Act, rules, and regulations. 3. Supervision: Overseeing the functioning of cooperative societies, including their financial management, elections, and governance. 4. Inspection: Conducting inspections and inquiries into the affairs of cooperative societies. 5. Dispute Resolution: Resolving disputes between societies, members, and officers. 6. Education and Training: Promoting cooperative education and training for members and officers. 7. Advisory Role: Providing guidance and advice to societies on legal, financial, and management matters. 8. Maintenance of Records: Keeping records of registered societies, including their bylaws, membership, and financial statements. 9. Annual Reports: Requiring societies to submit annual reports and audited financial statements. 10. Winding Up: Overseeing the winding up and dissolution of societies. Please note that specific duties may vary depending on the jurisdiction and relevant legislation.


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