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Home Co-op News Snippets

Odisha to appoint Administrators in co-op bodies

Amit Awana by Amit Awana
August 4, 2020
in Co-op News Snippets
0
Markfed’s dues to IFFCO create crisis in Odisha
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Given covid-19, Odisha Government has not gone ahead holding elections to the management committees of various apex cooperative bodies but appointed administrators, instead reports Pioneer.

As per provision of section 32(1) of the OCS Act, 1962, where the election is not conducted before expiry of term of the committee, it shall be deemed to have been superseded immediately and the management shall stand vested on the Registrar.

Leading bureaucrats will now function as administrators in cooperative organizations including Odisha State Coop Milk Producers’ Federation Limited (OMFED), Odisha State Cooperative Bank (OSCB).

Tags: cooperativeMCOCS ActodishaOMFEDOSCB
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