Case Law Analysis
|Bombay High Court
Section 82(4) Maharashtra Co-operative Societies Act | Disqualification Requires Proven Audit Irregularities, Not Mere Non-Filing : Bombay HC
Bombay High Court rules that disqualification of co-operative society office-bearers under Section 82(4) of the Maharashtra Co-operative Societies Act mandates proof of actual audit irregularities, not just failure to submit a rectification report. The judgment clarifies that audit reports must explicitly identify defects or lapses to trigger statutory compliance obligations.