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Recovery Certificate under Section 101 Set Aside: Bombay High Court Holds That “Recording of Reasons Is a Fundamental Requirement” and Directs Denovo Inquiry for Non-Compliance with Rule 86A–86F
Court’s Decision The High Court set aside the orders granting recovery certificates issued under Section 101 of the Maharashtra Co-operative Societies Act, 1960. It held that the Deputy Registrar failed…
