Supreme Court of India
Haribhau Dagdu Tandale v. Industrial Co-operative Association Ltd. and Ors.
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What the Court ordered
We are of the view that the learned Judges of the Bombay High Court have given well-founded reasonings for sustaining the ordtr of the State Government and we shall E give our reasons immediately. · Hor avpreciating the contentions raised before us, it is necessary to set put relevant portions of Section 102, 103, 104, 105 and 106 of the Act.
Judgment, page 6
From the headnote
Maharashtra Co-operative Societies Act, 1960-Sections 102 to 106-Liquidation-lntelim order of winding up-Appointment of a Liquida tor-Power to sell property of the Society-Power u/s 105 must be read in conjunction with power to sell u/s 106--Sale of property dwing pendency cf appeal-Legality of The third respondent in exercise of his powers u/s 102(i) (a) of the Maharashtra Co-operative Societies Act, 1960 issued an interim winding up order, called upon the first respondent society to show cause why a final order of winding up the society should not be passed and also simul taneously
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