I am concerned about credit co operative societies working in Mount Abu district Sirohi of Rajasthan.
1. wish to know if these credit cooperative societies (multistate or single state) fall under RTI?
2. these have been cases where theses societies have been charging very high and irregular rate of interest along with much high panel interest to the customers. is there any way where these societies may be challenged?
3. while disbursing loan are these societies suppose to collect by force blank cheque from loanee and guarantor?
I C Naik
Cooperative Societies not having more than 50% share capital contributed by the State are not covered by RTI.
As a member of public you do not have any locus standie to challenge cooperative Credit Society. It is not a public body. If you do not agree with what they do, keep distance. It is not of your concerns.