The Maharashtra Cooperative Societies Rule 1961

MCS Rule Forms

Form 'G' Notice to members, creditors and other persons whose interests will be affected by the amalgamation/transfer of assets and liabilities/conversion/division

See Rule 16(3)

Download the Word or PDF Format of form G from here.

 


Notice is hereby given as required by clause (0 of the proviso to sub-section (J) of Section 17 of the Maharashtra Co-operative Societies Act, 1960, by the........................................... Society registered under No .................. dated ..................... and having its registered office at...................... to all members/creditors/persons interested that the society, after obtaining the approval of the Registrar and a preliminary resolution to that effect having been passed by a special general meeting of the society held on ...................................... has decided to amalgamate itself with..................................... society; convert itself into .................................................................... society; divide itself into (1)

(2)................................................................ societies, transfer its assets and liabilities to .................................................... society. The details regarding the transfer of liabilities of tie society to be amalgamated, transferred, converted or divided are given in the Schedule given below:-
I. Applicable to societies amalgamating, transferring assets and liabilities or converting:-
(1) Name of the society or societies;
(2) Statement showing the assets and liabilities of the society (to be enclosed)
(3) Names of members and creditors.
N.B. Information should be given separately in respect of each society which is affected by the amalgamation, transfer of assets and liabilities or conversion.

II. Applicable to societies to be divided
(1) Name of the society;
(2) Present area of operation;
(3) Statement showing assets and liabilities (to be enclosed);
(4) Names of members;
(5) Names of creditors.

III. Applicable to societies which will stand divided:-
Particulars of (1) ....................... Society
(i) Assets and liabilities which will remain with the society after division (statement to be enclosed)
(ii) Proposed area of operation
(iii) Names of members who will remain with the society
(iv) Names of creditors who will remain with the society Particulars of (2) ...................... Society
(v) Assets and liabilities which will remain with the society after division (statement to be enclosed)
(vi) Proposed area of operation
(vii) Names of members who will remain with the society
(viii) Names of creditors who will remain with the society

Any person whose interest is affected by the proposed amalgamation, transfer of assets and liabilities, division or conversion may send his objections, if any, and give intimation of his option to become a member of any of the new societies/to continue his membership in the amalgamated or converted society/to demand payment of share or interest or dues, to the office of the society within one month from the date of this notice.

2. If no option is exercised and if no objection is received within one month, it will be assumed that the interested persons he\she assented to the decision.

Place
Date
Secretary

By order of the Board/Managing Committee


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