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Co-operatives Act, 2005 (Act No. 14 of 2005)

Regulations

Co-operatives Administrative Regulations, 2016

Chapter 2 : Winding Up and Judicial Management of Co-operatives

Part A : Winding-Up of Co-operatives

Liquidators

83. Control of registrar over liquidators

 

(1) A liquidator must perform his or her functions subject to the control and directions of the registrar.

 

(2) The registrar may at any time require a liquidator to answer any inquiry in connection with the winding-up in which such liquidator is engaged and may examine such liquidator on oath concerning the wind-up.

 

(3) The registrar may at any time investigate or seize the books and other documents relating to the winding-up of a co-operative.

 

(4) Any expenses incurred by the registrar in carrying out any provision of this section will form part of the costs of liquidation of the co-operative concerned.

 

 


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