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122. Central Government's power to give directions to specified multi-State co-perativesocieties in public interest.

If the Central Government is satisfied that in the public interest or for the purposes of securing proper implementation of co-operative production and other developmental programmes approved or undertaken by the Central Government or to secure proper management of the business of the specified multi-State co-operative societies generally or for preventing the affairs of such society being conducted in a manner detrimental to the interests of the members, any depositors or creditors thereof, it is necessary to issue directions to any class of specified multi-State co-operativesocieties generally or to any specified multi-State co-operative society or societies in particular, the Central Government may issue directions to it or to them, from time to time, and all such specified multi- State co-operative society or the societies concerned, as the case may be, shall be bound to comply with such directions.

Multi-State Co-operative Societies Act, 2002 Back

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