PUNJAB GOVT. GAZ. (EXTRA), JUNE 21, 2021 (JYST 31, 1943 SAKA)
2699
EXTRAORDINARY
Published by Authority
CHANDIGARH, MONDAY, JUNE 21, 2021 (JYAISTHA 31, 1943 SAKA)
( 2699 )
GOVERNMENT OF PUNJAB
DEPARTMENT OF COOPERATION
OFFICE OF REGISTRAR, COOPERATIVE SOCIETIES PUNJAB
(EDUCATION AND TRAINING BRANCH)
NOTIFICATION
The 18th June, 2021
No. RCS/EDU&TRG/EI/5859.-Where as the Governor of Punjab is satisfied that it is necessary to
exempt the Mahalpur Primary Co-operative Agricuture Development Bank, Mahalpur, Hoshiarpur, Punjab,
from the proviso to sub clause 1-D of Sub-section 1 of Section 26 of the Punjab State Cooperative Societies
Act,1961 for furthering the objects specified in the bye-laws of he Mahalpur Primary Co-operative Agricuture
Development Bank, Mahalpur, Hoshiarpur, Punjab.
2.0
Term of the Board of the Mahalpur Primary Co-operative Agricuture Development Bank , Mahalpur,
Hoshiarpur, Punjab, was expired on 15.02.2020 and administrator was appointed in the Bank. Term of
Administrartor was expired on 15.2.2021. Election manager was appointed on 18.2.2021 to conduct the election
of the Committee. Zones of the the Mahalpur Primary Co-operative Agricuture Development Bank, Mahalpur,
Hoshiarpur, Punjab, has been approved and election programme is in under process. In order to implement the
scheme regarding restructring of loans of default debtors of the Bank and to carry out day to day affairs of the
society, it is neccesary to constitute one such ad-hoc working committee till elections are conducted.
3.0
Now, therefore, in excercise of the powers conferred by section 77 of the Punjab State Cooperative
Societies Act,1961 (Punjab Act No. 25 of 1961), the Governor of Punjab is pleased to exempt the Mahalpur
Primary Co-operative Agricuture Development Bank, Mahalpur, Hoshiarpur, Punjab,from the provisions of
proviso to sub clause 1-D of Sub-section 1 of Section 26 of the aforesaid act. This exemption is being granted
for the appointment of ad-hoc working committee consisting three members in the Mahalpur Primary
Co-operative Agricuture Development Bank, Mahalpur, Hoshiarpur, Punjab, for implementation of government
scheme regarding restructring of loans of default debtors of the Bank and to carry out day to day affairs of the
society till elections are conducted.