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.

***

Rc.No.3474/2015/B,- Whereas 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 1^st 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 2^nd 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.

[ 1 ]

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.,

Whereas 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.

Liabilities to be discharged

Amount

Assets to be realized

Amount

No.

Rs.

Members Share Capital

7030.00

Cash on hand

85.00

Members Thrift Deposit

23770.00

SB A/c in KDCCB

52207.00

Adj. heads due by

30000.00

Member loans

38500.00

Fees for furniture

1320.00

‘B’ Int. Due

13405.00

CEF APSC Union

76.87

SC in KDCCB R.O

100.00

CEF members

129.29

Furniture

2200.00

CEF Staff Edn. Training

51.44

Int. payable on TD

4219.00

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

ANDHRA PRADESH GAZETTE, December 4, 2019

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:

Members Share Capital

7030.00

Members Thrift Deposit

23770.00

Members address not available and

Adj. Heads Due by

30000.00

not claimed. Hence dropped.

Fees for furniture

1320.00

CEF APSC Union

76.87

CEF members

129.29

CEF Staff training

51.44

Int. payable on T.D

4219.00

Reserve fund

6172.50

Particulars of Assets realized and not realized:

SI.

Particulars

Amount

Date Of

Value

Not

No.

as on

Realization

realized

Cash on hand

85.00 - -

85.00

KDCC Bank SB A/c R.O

55611.00

- 55611.00 -

Members Loans

38500.00

‘B’ Int Due

13405.00

SC in KDCCB RO

100.00

Furniture

2200.00

1,09,901.00

55611.00

54290.00

The amounts were appropriated out

of profit and there is no need to pay to

any individuals. Hence this item is

dropped.

ANDHRA PRADESH GAZETTE, December 4, 2019

Particulars of Liabilities Discharged and not discharged:

S.No.

Particulars

Amount as on

Discharged

Not Discharged

Share Capital

7030.00

Thrift Deposit

23,770.00

Adj. heads due by

30000.00

Res.For furniture

1320.00

CEF APSC Union

76.87

CEF members

129.29

CEF staff Edn. training

51.44

Int payable in TD

4219.00

Res. Fund

6172.50

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 15^TH DAY OF NOVEMBER, 2019.)

K. DEVADAS,

Deputy Registrar of Cooperative Societies,

Vijayawada.

ANDHRA PRADESH GAZETTE, December 4, 2019

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