Final Closing and Cancellation of Registration of certain Co-operative Societies (47 VI 1 v5)
The Government of Tamil Nadu, through the Deputy Registrar (Credit), Chennai, published final closure notices in the Tamil Nadu Government Gazette on 10 December 2014 under proceeding R.C. No. 678/2003/SAPA-2, R.C. No. 4749/2003/SAPA-2, R.C. No. 5276/2009/SAPA-2 and R.C. No. 3628/2012/SAPA-2, each dated 11 November 2014. The notices cancel the registration of four named co-operative societies and finally close their affairs with effect from 11 November 2014 after completion of winding up.
What the Gazette notification does
The Government of Tamil Nadu notification records the final closure of four co-operative societies. The Deputy Registrar (Credit), Chennai, states that each society completed the winding-up process, its registration was cancelled, and its affairs were finally closed with effect from 11 November 2014.
The cancellations were made using powers delegated under section 140(1) of the T.N.C.S. Act 30 of 1983. They followed final closure reports dated 25 October 2014 from the Co-operative Sub-Registrar (Prosecution and Liquidation).
Societies covered
The final closure applies to:
- Mambalam Co-operative Credit Society Ltd., No. G.762, under R.C. No. 678/2003/SAPA-2.
- India Meters Employees Co-operative Thrift and Credit Society Ltd., No. XC-203, under R.C. No. 4749/2003/SAPA-2 and notification No. VI(1)/355/2014.
- Government of India Regional Stationery Depot Madras Employees Co-operative Thrift and Credit Society Ltd., No. XC-100, under R.C. No. 5276/2009/SAPA-2 and notification No. VI(1)/356/2014.
- Kamadhenu Co-operative Super Market Employees Co-operative Thrift and Credit Society Ltd., No. XC-74, under R.C. No. 3628/2012/SAPA-2 and notification No. VI(1)/357/2014.
Who is affected
The Government of Tamil Nadu notices directly concern the four named societies and people dealing with them, including members, employees, creditors or others interested in their registration status. The Gazette records that winding up had been completed before cancellation and final closure.
For a property buyer or owner, the notices do not create a land-use rule, approve a development, transfer property or specify any procedure for land transactions. They may still be relevant if a title document, agreement, charge or other record names one of these societies, because the Gazette confirms that its registration was cancelled and its affairs were finally closed.
Important dates
- Final closure reports: 25 October 2014.
- Cancellation and final closure effective date: 11 November 2014.
- Publication in the Tamil Nadu Government Gazette: 10 December 2014.
- The printed signature line identifies S. Sivasundari, Deputy Registrar (Credit), Chennai, and carries the date 11 September 2014.
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Common questions
Does this Gazette notification cancel the registration of the four societies?
Yes. It states that each named society completed winding up, its registration was cancelled, and its affairs were finally closed with effect from 11 November 2014.
Does this notification change any land-use or property rule?
No land-use or property rule is set out in the notification. It deals only with winding up, cancellation of registration and final closure of the four named co-operative societies.
Which authority recorded the cancellations?
The cancellations were recorded in proceedings of the Government of Tamil Nadu's Deputy Registrar (Credit), Chennai, using powers delegated under section 140(1) of the T.N.C.S. Act 30 of 1983.
When did the closures take effect?
All four cancellations and final closures took effect from 11 November 2014. The notices were published in the Tamil Nadu Government Gazette on 10 December 2014.
