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Search Results for "cooperative society liquidation"

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High Court

Bombay High Court Allows Petition Challenging Appointment of Administrator and Cancellation of General Body Meeting in Cooperative Housing Society Dispute. Court holds that Registrar's order appointing administrator without affording hearing to the managing committee and cancelling requisitioned general body meeting was violative of principles of natural justice and provisions of the Maharashtra Cooperative Societies Act, 1960.

19 Nov 2025

The petitioners, members of Malboro House Cooperative Housing Society Limited, challenged the order dated 10 October 2025 passed by the Divisional Joi...

High Court

Bombay High Court Dismisses Recall and Review Applications in Bank Loan Assignment Case — Consent Order Recorded on Minutes of Order Cannot Be Unilaterally Recalled. Assignment of Debt and Security by Co-operative Bank to Third Party Under OTS Upheld Despite Subsequent Objections by Liquidator and Suspended Director.

11 Mar 2025

The judgment concerns three applications seeking recall or review of an order dated 21 October 2022 passed by the Bombay High Court in Writ Petition N...

Supreme Court

Supreme Court Dismisses Appeal in Dishonour of Cheque Case Under Negotiable Instruments Act, 1881 Despite Insolvency Proceedings. Criminal Liability Under Section 138 Negotiable Instruments Act, 1881 Continues Simultaneously with Insolvency Resolution Under Insolvency and Bankruptcy Code, 2016 as Proceedings are Penal and Not Covered by Moratorium Under Section 14.

15 Mar 2023

The dispute arose from a dishonoured cheque issued by M/s Rainbow Papers Limited, a company, to Tourism Finance Corporation of India Limited, a public...

Supreme Court

Supreme Court Allows Appeal in Cooperative Bank Liquidation Case — Recovery Proceedings Not Automatically Terminated on Expiry of Statutory Period. Section 109 of Maharashtra Cooperative Societies Act, 1960 does not extinguish pending recovery suits against defaulting members upon deemed termination of liquidation.

20 Aug 2019

The Goa State Cooperative Bank Ltd. appealed against a High Court judgment that declared winding up proceedings of the Goa, Daman and Diu Cooperative ...

High Court

Bombay High Court Allows Termination of Liquidation of Cooperative Sugar Factory Under Section 105 MCS Act — Revival Plan Approved. Court finds revival plan feasible and in interest of stakeholders, directs termination of liquidation subject to payment of dues.

26 Jul 2019

The judgment concerns two writ petitions and two civil applications seeking termination of liquidation proceedings of The Karmaveer Kakasaheb Wagh Sah...

Supreme Court

Supreme Court Dismisses Cooperative Society's Appeals Challenging Sale Deeds Executed in Favor of Members. Arbitrator under Delhi Cooperative Societies Act lacks jurisdiction to adjudicate validity of registered sale deeds, which can only be challenged before civil court.

30 Jan 2019

The Supreme Court dismissed the appeals filed by Delhi Dayalbagh Cooperative House Building Society Ltd. against the orders of the Delhi High Court, w...

High Court

Bombay High Court Dismisses Writ Petition Challenging RBI's Directions to Cooperative Bank — RBI's Directions Under Section 35A of Banking Regulation Act, 1949 Upheld as Valid and Not Violative of Natural Justice. The Court Held That Section 35A Does Not Require a Prior Hearing and the Directions Were Issued in Public Interest to Protect Depositors.

6 Oct 2018

The petitioners, The Veershaiva Cooperative Bank Ltd. and its employees' union, filed a writ petition challenging the directions issued by the Reserve...

High Court

Bombay High Court Directs Expeditious Decision on Deregistration of Cooperative Society Seeking to Be Governed Solely by Public Trust Act. Proposal for Deregistration Under Section 21 of Maharashtra Cooperative Societies Act, 1960 Held Maintainable and Must Be Decided Within Three Months.

15 Sep 2017

The petitioner, Pachora Taluka Cooperative Education Society Ltd., is a cooperative society registered in 1936 under the Bombay Cooperative Societies ...

High Court

Bombay High Court Dismisses Depositors' Petition Challenging Winding Up of Cooperative Bank — No Locus Standi for Individual Depositors Under Maharashtra Cooperative Societies Act, 1960. Winding Up Order Under Section 107 of MCS Act is Final and Cannot Be Challenged by Individual Depositors; Remedy Lies in Civil Suit for Damages.

21 Sep 2006

The petitioners, Manda Ananda Salunkhe, Dropadabai Laxman Nalawade, and Mrs. Jatin Enterprises, were depositors and shareholders of Yeshwant Sahakari ...

High Court

Bombay High Court Dismisses Petition Challenging Appointment of Official Liquidator for Cooperative Society — No Violation of Natural Justice Found. Appointment of Official Liquidator under Section 103 of Maharashtra Cooperative Societies Act, 1960 upheld as statutory requirement of notice and hearing was satisfied.

30 Nov -0001

The petitioners, members of the Vita Cooperative Electric Supply Society Ltd., challenged the appointment of an Official Liquidator for the society an...

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