State Act

54

Section 54. Appointment of liquidator.

THE JAMMU AND KASHMIR SELF-RELIANT COOPERATIVES ACT, 1999

In forceJammu and Kashmir (State Act)

54. Appointment of liquidator. Where a cooperative is to be dissolved and no liquidator is appointed by the general body 1[x x x x], the Registrar may,–– (a) appoint any person as a liquidator to wind up the affairs of the cooperative ; or (b) where he/she is satisfied that the cooperative has no assets and liabilities, issue a certificate of dissolution.