Comment on Appointment of Administrator in Co-operative Society by Umesh Malasane.
Out of the total 9 Management committee members, 7 members including the secretary has done the mass resignation and only Chairman and Tresurer are remaining in the committee. Hence Chairman and Tresurer approached the registrar and registrar has issued the order of appointment of the Administrator from 30th Jan 2017. Now, the administrator has not yet taken the charge, but we need to make the payments to the vendors for their services in Jan 2017. Can our chairman release the payment to the vendors before the handover of the society to the administrator.?