Barmer based Sanjivani Credit Cooperative Society located in Rai Colony Road of the towb has been asked to wind up its operation last week by the office of the Central Registrar.
The office of the Central Registrar received some representations and complaints regarding non-payment of matured amounts, which were forwarded to the Society in the past.
In a notice the office of Central Registrar notes that “The letter returned undelivered with the remarks “Office is closed for a long time”. The e-mail sent to the society in this regard, also failed.
Having Registration No. MSCS/CR/3Sl 12010, the co-op society is registered under the provisions of Multi State Cooperative Society (MSCS) Act, 2002 and Rules made thereunder.
The office of Central Registrar noted “lt was observed that society is not functioning at its registered address.”
Therefore, it has been decided to initiate winding up of the Society under the provisions of MSCS Act, 2002 and Rules made thereunder. Objection, if any, may be brought to the notice of the Central Registrar within 15 days from the date of this advertisement uploaded in the office website i.e.www.mscs.dac.gov.in
It bears recall that the Central Registrar of Cooperative Societies had issued a similar notice to the Rajasthan-based Arth Credit Cooperative Society Limited to wind up their operations. The society members were found to be absconding and not functioning from their registered office.
Both Adarsh Credit Co-op Society and the Arth Credit Co-operative Society grabbed the media headlines in 2019 for allegedly swindling members to the tune of Rs 80 crore. Both of them are based in Rajasthan.