Registered No. HSE-49/2016
W.No.48 AMARAVATI, WEDNESDAY, DECEMBER 4, 2019 G.424 PART II - MISCELLANEOUS NOTIFICATIONS OF INTEREST TO THE PUBLIC --x--
NOTIFICATIONS BY HEADS OF DEPARTMENTS Etc.,
DEPUTY REGISTRAR OF COOPERATIVE SOCIETIES,
VIJAYAWADA.
FINAL CLOSURE AND CANCELLATION OF THE REGISTRATION OF THE VIJAYAWADA PANCHAYATRAJ ENGINEERING DEPARTMENT EMPLOYEES COOPERATIVE CREDIT SOCIETY LTD., NO. G. 3116, VIJAYAWADA.
Read: 1) Proceedings Rc.No.3474/2015/B, Dated: 15.08.2016 of the Deputy Registrar of the Cooperative Societies, Vijayawada.
2) Final Closure proposals of the Vijayawada Panchayatraj Engineering Department Employees Cooperative Credit Society Ltd., No. G. 3116, Vijayawada received on 06.11.2018 from the Liquidator.
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Rc.No.3474/2015/B,- W hereas the affairs of the Vijayawada Panchayatraj Engineering Department Employees Cooperative Credit Society Ltd., No. G. 3116, Vijayawada, Krishna District was ordered to windup under Section 64( 1) of the Andhra Pradesh Cooperative Societies Act 1964 and Smt. B.Anuradha, Assistant Registrar, O/o Sub Divisional Cooperative Officer, Vijayawada was appointed as Liquidator Under Section 65(1) of the Act vide proceedings 1st read above.
Whereas the Liquidator of the Vijayawada Panchayatraj Engineering Department Employees Cooperative Credit Society Ltd., No. G. 3116, Vijayawada, Krishna District in her report 2nd read above stated that she has taken all steps to ascertain the information on the where-abouts of the office bearers as well as the members of the society and efforts were made to secure the records and Final Audit Reports of the society. But not traced out any information so far.
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2 ANDHRA PRADESH GAZETTE, December 4, 2019W hereas the Liquidator of the society has informed that a notice under section 65(d) and Rule 51 (b) were issued on 12.07.2017 calling for objections and claims on or before 12.09.2017. The same is affixed on the notice board of the Tahsildar Office, Vijayawada urban and other offices to obtain records and any other information and to obtain the opinion of the members and debtors calling for objections if any. She stated that no member attended and no objections or claims were received from any of the member. She stated that the General body meeting notice was issued on 03.03.2018 calling for the general body meeting fixing the date on 26.03.2018 at the Divisional Cooperative office, Vijayawada. She stated that none of the members attended and no objections or claims were received from any member.
She stated that as per the latest Audit Report available for the year 2016-17, the society was registered on 17.04.2006 and started its functioning on 26.04.2006. She also stated that the total members of the society are 18 with share capital of Rs.7030.00.
She stated that she had prepared receipts & payments, proforma balance sheet disclosing the liabilities and assets and requested the District Cooperative Audit Officer, Vijayawada to take action for conduct of Audit of the society for the period from 01.04.2017 to as on date.
BALANCE SHEET AS ON 31.03.2017 :
| SI. No. | Liabilities to be discharged | Amount Rs. | Assets to be realized | Amount Rs. |
| 1. | Members Share Capital | 7030.00 | Cash on hand | 85.00 |
| 2. | Members Thrift Deposit | 23770.00 | SB A/c in KDCCB | 52207.00 |
| 3. | Adj. heads due by | 30000.00 | Member loans | 38500.00 |
| 4. | Fees for furniture | 1320.00 | 'B' Int. Due | 13405.00 |
| 5. | CEF APSC Union | 76.87 | SC in KDCCB R.O | 100.00 |
| 6. | CEF members | 129.29 | Furniture | 2200.00 |
| 7. | CEF Staff Edn. Training | 51.44 | ||
| 8. | Int. payable on TD | 4219.00 | ||
| 9. | Reserve Fund | 6172.50 | ||
| 10. | BDR | 1425.30 | ||
| 11. | UDP | 17090.60 | ||
| 12. | Res. For OD Int. | 13405.00 | ||
| Difference | 1807.00 | |||
| Total | 104690.00 | Total | 106497.00 |
Assets Realised :
1. Cash On Hand : As per FAR 2016-17, the cash balance of Rs.85.00 not available due to non-availability of the previous committee. Hence amount of Rs.85.00 is written off and assets which are not recovered treated as a loss and taken into profit and loss account.
2. KDCC Bank, Regional Office (SB A/c) : The entire amount was drawn from SB A/c and transferred to Liquidator's SB A/c. Hence this is realized.
3. Members loans : Addresses of the members are not available. Hence not recovered and written off. The entire amount is treated as loss and taken into P & L Account.
4. 'B' Int. Due : No details are available. It cannot be realized. Hence amount of Rs. 13405.00 is written off and treated as loss, taken into P&L A/c.
5. SC in KDCCB and RO : This amount is written off and treated as loss, taken into P&L Account.
6. Furniture : No furniture is available/handed over by previous committee. It cannot be realized. Hence amount of Rs. 2200 was written off and treated as loss, taken into profit & loss A/c.
Liabilities Discharges:
| 1. | Members Share Capital | 7030.00 | Members address not available and not claimed. Hence dropped. |
| 2. | Members Thrift Deposit | 23770.00 | |
| 3 | Adj. Heads Due by | 30000.00 | |
| 4. | Fees for furniture | 1320.00 | |
| 5. | CEF APSC Union | 76.87 | The amounts were appropriated out of profit and there is no need to pay to any individuals. Hence this item is dropped. |
| 6. | CEF members | 129.29 | |
| 7. | CEF Staff training | 51.44 | |
| 8. | Int. payable on T.D | 4219.00 | |
| 9. | Reserve fund | 6172.50 |
Particulars of Assets realized and not realized:
| SI. No. | Particulars | Amount as on | Date Of Realization | Value realized | Not realized |
| 1. | Cash on hand | 85.00 - - | 85.00 | ||
| 2. | KDCC Bank SB A/c R.O | 55611.00 | - 55611.00 - | ||
| 3. | Members Loans | 38500.00 | - | - | 38500.00 |
| 4. | 'B' Int Due | 13405.00 | - | - | 13405.00 |
| 5. | SC in KDCCB RO | 100.00 | - | - | 100.00 |
| 6. | Furniture | 2200.00 | - | - | 2200.00 |
| 1,09,901.00 | - | 55611.00 | 54290.00 |
Particulars of Liabilities Discharged and not discharged:
| S.No. | Particulars | Amount as on | Discharged | Not Discharged |
| 1. | Share Capital | 7030.00 | - | 7030.00 |
| 2. | Thrift Deposit | 23,770.00 | - | 23,770.00 |
| 3. | Adj. heads due by | 30000.00 | - | 30000.00 |
| 4. | Res.For furniture | 1320.00 | - | 1320.00 |
| 5. | CEF APSC Union | 76.87 | - | 76.87 |
| 6. | CEF members | 129.29 | - | 129.29 |
| 7. | CEF staff Edn. training | 51.44 | - | 51.44 |
| 8. | Int payable in TD | 4219.00 | - | 4219.00 |
| 9. | Res. Fund | 6172.50 | - | 6172.50 |
| 104690.00 | - | 104690.00 |
She further submitted that the amount relating to realization of assets was transferred to Liquidator SB A/c in KDCCB RO, Vijayawada which comes to a total amount of Rs.55,411.00 as on 24.10.2018. She further submitted that an amount of Rs.3666.00 remitted vide ch.no.20042705232018 Dt: 31.10.2018 at STO, VJA (E) towards liquidation costs. After discharging liabilities, an amount of Rs. 45,511.00 is available in the Liquidator SB A/c. The same was remitted in KDCC Bank, RO, Vijayawada in DR Liquidation SB A/cNo.16712 on 5.11.18. The liquidator finally recommended for final closure of affairs of the Vijayawada Panchayatraj Engineering Department Employees Cooperative Credit Society Ltd., No. G. 3116, Vijayawada, Krishna District and cancellation of its registration.
In the circumstances explained, I, the Deputy Registrar of Cooperative Societies, Vijayawada by virtue of powers conferred on me Under Section 68 of the Andhra Pradesh Cooperative Societies Act, l964 read with G.O.Ms.No.34, Agrl. & Coopn (Coop.IV). dated: 16-01-1989 do hereby cancel the registration of the Vijayawada Panchayatraj Engineering Department Employees Cooperative Credit Society Ltd., No.G.3116, Vijayawada.
The above said society shall therefore cease to exist as corporate body from the date of issue of this order.
(GIVEN UNDER MY HAND AND SEAL ON THIS THE 15TH DAY OF NOVEMBER, 2019.)
K. DEVADAS,
Deputy Registrar of Cooperative Societies,
Vijayawada.
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