Bombay High Court Allows Petition Challenging Disqualification of Director Under MCS Act — Default Not Established as Loan Was Not from the Same Society. Disqualification under Section 73CA(1)(i)(b) of Maharashtra Co-operative Societies Act, 1960 requires default to the same society, not any other entity, and a compromise decree discharges liability.
17 Nov 2022The petitioner, Shri Yuvraj Datajirao Patil, was elected as a member of the Board of Directors of Shetkari Sahakari Sangh (Respondent No.4) in 2015. R...




