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Home Cooperative Queries

Status of Rupee bank

Rohit Gupta by Rohit Gupta
October 2, 2014
in Cooperative Queries
2
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Sameer Mahajan

Can you please give some insight about status of rupee coop bank Pune?

Is there update about merger if yes when can we expect the news as lot of people are suffering because of this?

 

I C Naik

File RTI with PIO cooperative society office in Pune.

Tags: cooperativesPIOpunertiRupee Bank
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Comments 2

  1. Bhagirath Bari says:
    11 years ago

    Dear Sir

    I CA Bhagirath Bari willing to File Public Interest Litigation against Co-Op Department Maharashtra

    for enacting the law to provide for appointment of auditors by AGM.

    I think that Auditor should be appointed by Co-Op Commissioner by transparent process so that

    Auditor will give his true opinion.

    Now a days what happens in Maharashtra, Most of Co-Op Societies audited by non CA auditors who not
    having

    that kind of knowledge and expertise that CA have. Ultimately, it will result in fradulent presentation

    of financial statements as auditor is Non CA.

    Thats why I want to file PLI to Bombay Highcourt for taking action in appointment of auditor so that

    Money of Poor and Middle class of public will be saved. As you know what happened with Rupee Bank

    Kindly give your opinion on the validity so that I can decide to move ahead or not

  2. Vijay says:
    11 years ago

    Mr Bari,
    I appreciate your initiative to help all the account holders and depositors specially of Rupee co operative bank.The so called polititions come bank owners get the bank audited as per their convinience so that till the last moments account holders remains in dark about the financial condision of the co operative bank. Hats off to you for helping and becoming a whistle blower ifor this irregularities

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