Mysore/Mysuru: Expressing concern over increasing cases of irregularities and scams in Co-operative Societies, Co-operation and Mysuru District In-charge Minister S.T. Somashekar said that stringent laws are needed to prevent scams. He was speaking at the valedictory of 69th All India Co-operative Week organised by Karnataka State Co-operative Federation at KSOU Convocation Hall here yesterday. Noting…
License for share issuance cancelled
July 21, 2019Mysuru: The Joint Registrar of Co-operative Societies has cancelled the license given to H.B. Basavaraju, the promoter of Sri Manjunatheshwara Pragati Co-operative Society Ltd., No.27, 2nd Floor, Jodi Maramma Temple premises, Lingadevarakoppalu, for issuing pre-opening shares of the Society. The public are appealed not to invest in the shares of the said Society, according to…
Liquidation of Co-operative Societies: Objections invited
June 27, 2019Mysuru, June 27 (DM)- Several Co-operative Societies in Mysuru Sub-Division and Hunsur Sub-Division have ceased to function in accordance with the by-laws outlined in Karnataka Co-operative Societies Act 1959. As the Societies have ceased to function, the Co-operation Department has decided to liquidate these Societies as per Section 72 of Karnataka Co-operative Societies Act 1959….
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