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| Registrars Cooperatives order challenged | | | Early Times Report Jammu, Dec 23- In an appeal filed by the Board of Directors of Citizens Cooperative Bank through its Chairman Dinesh Gupta challenging the order issued by the Registrar Cooperative Societies on December 21, 2009, the Judicial Member of J&K Special Tribunal AK Shan (District & Sessions Judge) today issued orders for maintaining status quo on the impugned order and fixed Dec 24 for further hearing on the appeal. Advocate DK Khajuria appearing for the Registrar Cooperative Societies sought time to file Vakalatnama on behalf of Registrar Cooperative Societies. The Board of Directors in their appeal challenged the order issued by the Registrar Cooperative Societies on December 21, 2009 for calling and examining the record of proceedings held by the Registrar Cooperative. In the appeal it has been submitted that the respondents passed impugned order dated December 21, 2009 purported to be a show cause notice but in essence has all the trappings of an order /s 30 Cooperative Societies Act 1989 in as much as before considering the reply of the petitioner, the Registrar Cooperative Societies virtually disclosed his mind and incorporated a potential threat to supersede the management of the bank headed by its chairman and prayed for quashment/ setting-aside the impugned order issued by the Registrar.
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