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Office of The
Registrar Cooperative Societies (Delhi Admn.)
Court's Building. Parliament Street,
New Delhi - 110001
No. F-3(1)/89/Coop./Legal/11-i7 Dated: 1st March, 1989
Directive Under Rule 77 of the Delhi Cooperative Societies Rules, 1973
A clarification has been sought by some Societies whether the change of accounting year from 1st July, to June 30, to 1st March, by general Directive dated 27.10.1988 is applicable to those Societies which under an Act of Parliament are statutorily required to close accounts on any other date.
It is clarified that the Act of Parliament shall take precedence over the directive issued under Rule 77 of the Delhi Cooperative Societies Rules, 1973. Such Societies shall follow the requirements of the Act of Parliament. The time schedule for complying with the provisions of the Cooperative Societies Act. 1972, shall be the same as in the case of other Societies except that the dates for complying with the provisions shall be shifted with reference to the date of the opening of the accounting year according to the Act of Parliament.
This clarification is issued by me, K.S. MEHRA, Registrar Cooperative Societies, Delhi by exercising the powers vested in me under Rule 2 (iii) and Rule 77 of the Delhi Cooperative Societies Rules, 1973. This will be published in the ‘Sehkari’ Magazine of the Delhi Cooperative union Ltd. for the guidance of all Societies.
Cooperative Societies, Delhi
Last Updated Date :- 22-06-2018
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