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

Liquidation, trading, distribution and contribution accounts and application of proceeds

113. Appeal to court against registrar's decisions

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(1)Any person whose objection against a liquidation, distribution or contribution account has been rejected or partially upheld under regulation 111(3) may within 30 days after he or she was notified of the registrar's decision with regard to the objection appeal against that decision by way of application on notice of motion to any competent court.

 

(2)A liquidator may within 30 days after he or she was ordered by the registrar under regulation 111(1) to amend a liquidation, distribution or contribution account appeal against that decision by way of application on notice of motion to any competent court.