Winding up of the affairs of certain Co-operative Societies in certain districts and Appointment of Official Liquidators
The Government of Tamil Nadu published Notification Nos. VI (1)/432/2013 and VI (1)/433/2013, dated 30 October 2013 and issued by the Principal Secretary, Industries Commissioner and Director of Industries and Commerce, and Notification No. VI (1)/434/2013, dated 25 October 2013 and issued by the Assistant Director of Handlooms and Textiles. The notifications wind up three cooperative societies in Thanjavur, Tiruppur and Thoothukudi districts and appoint official liquidators to conduct their liquidation.
What the notifications do
The Tamil Nadu Government Gazette published three notifications under the Tamil Nadu Co-operative Societies Act, 1983. They end the activities or affairs of three named cooperative societies and appoint government officers as official liquidators.
Notification Nos. VI (1)/432/2013 and VI (1)/433/2013 were signed by Swaran Singh, Principal Secretary, Industries Commissioner and Director of Industries and Commerce, on 30 October 2013. Notification No. VI (1)/434/2013 was signed by R. Thinakaran, Assistant Director of Handlooms and Textiles, on 25 October 2013. The notifications appeared in Tamil Nadu Government Gazette No. 45, dated 20 November 2013.
Societies covered
The winding-up decisions apply only to these named societies:
- Poondi Puthumaimatha Coir Industrial Co-operative Society Limited, No. IND 1715, Thanjavur District.
- Dr. Kalaingar Auto Drivers Industrial Co-operative Society Limited, No. IND 15/2007, Tiruppur District.
- Eral Murugan Sengunthar Weavers Co-operative Production and Sale Society Limited, No. EE 138, Eral, Srivaikundam Taluk, Thoothukudi District.
Key provisions
- The activities of the Poondi Puthumaimatha Coir Industrial Co-operative Society Limited were ordered to be wound up with immediate effect through Proceedings No. 24358/ICH/2010, dated 30 October 2013. The Assistant Director of Industrial Co-operatives, District Industries Centre, Thanjavur, was appointed official liquidator.
- The activities of the Dr. Kalaingar Auto Drivers Industrial Co-operative Society Limited were ordered to be wound up with immediate effect through Proceedings No. 6550/ICF/2012, dated 30 October 2013. The Assistant Director of Industrial Co-operatives, District Industries Centre, Tiruppur, was appointed official liquidator.
- The affairs of the Eral Murugan Sengunthar Weavers Co-operative Production and Sale Society Limited were ordered to be wound up with effect from 25 October 2013. The Handloom Officer (Statutory and Liquidation), Office of the Assistant Director of Handlooms and Textiles, Tirunelveli, was appointed official liquidator.
Relevance to property dealings
The notifications do not identify any land, survey number or individual property. Their direct effect is on the three named cooperative societies and the officials appointed to handle their liquidation. A person dealing with assets belonging to any named society should take account of the appointment of its official liquidator.
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Common questions
Does this Gazette notification change the ownership or classification of any land?
The notifications do not identify land, survey numbers or changes in land classification. They concern the winding up of three cooperative societies and the appointment of official liquidators.
Which cooperative societies are being wound up?
They are Poondi Puthumaimatha Coir Industrial Co-operative Society Limited in Thanjavur District, Dr. Kalaingar Auto Drivers Industrial Co-operative Society Limited in Tiruppur District, and Eral Murugan Sengunthar Weavers Co-operative Production and Sale Society Limited in Thoothukudi District.
Who was appointed to conduct the liquidations?
The Assistant Directors of Industrial Co-operatives at the District Industries Centres in Thanjavur and Tiruppur were appointed for the first two societies. The Handloom Officer (Statutory and Liquidation) in the Office of the Assistant Director of Handlooms and Textiles, Tirunelveli, was appointed for the Eral society.
When did the winding-up decisions take effect?
The Thanjavur and Tiruppur societies were ordered to be wound up with immediate effect on 30 October 2013. The Eral society was ordered to be wound up with effect from 25 October 2013.
