Why is winding up order not passed against Saharayn Universal Multipurpose Society Ltd. by Central Registrar as Saharayn proved defaulter

 

Why is the winding up order not passed against Saharayn Universal Multipurpose Society Ltd. by Central Registrar of Cooperative Societies

Grievance Status for registration number: MOCOP/E/2022/00372

Grievance Concerns To

Name Of Complainant

Yogi M. P. Singh

Date of Receipt

02/02/2022

Received By Ministry/Department

Cooperation

Grievance Description

Whether the goal of such societies is to loot innocent and gullible people of this country and the government of India may remain mute spectators. Why is the winding up order not passed against wrongdoer society by the central registrar? Following report submitted by the ministry of finance repeatedly as follows.
It is informed that any Multi State Cooperative Society registered under the provisions of Multi State Cooperative Societies (MSCS) Act, 2002 functions as autonomous cooperative organizations accountable to their members. The multi-State cooperative society functions as per the provisions of MSCS Act, 2002, MSCS Rules, 2002 and Byelaws in which the roles and powers of the members, general body of the society and Central Registrar of Cooperative Societies are defined in the Act. As per the provisions of Section 49 of the MSCS Act, 2002, the business matters such as to admit members, to accept the deposits and investing the same fall under the powers and functions of the board of the society and the day-to-day management of the business of the society is under the powers and functions of the Chief Executive of the society as per the provisions of Section 52 of the MSCS Act, 2002. Therefore, the Government of India does not provide any guarantee in making the repayment of the deposits to the members as there is no remedy available in the MSCS Act, 2002 and rules made there under. It is, therefore, advised that the members shall take decision on merits while depositing their funds in the society based on its proper functioning and viability. You can take appropriate action against the society as per the prevailing law of the land.
Insurance Company: Other / Private Insurance Company.
Company Name: Saharayn Universal Multipurpose Society Ltd. Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014 Regd. office 195 Zone-1, In Front Of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011
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An application on behalf of Om Prakash Maurya, S/O Bhai Lal Maurya to seek intervention of public functionaries as follows.
Insurance Company Name: Saharayn Universal Multipurpose Society Ltd. Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014 Regd. office 195 Zone-1, In Front of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011.
The Defaulter company is not providing the matured amount and its staffs at District Bhadohi are procrastinating more than one year.
An application on behalf of Om Prakash Maurya S/O Bhai Lal Maurya addressed as Main Road Chaksaif, Kapoor Karpet Gali, District-Sant Ravidas Nagar Bhadohi, PIN Code. 221401, Mobile number-8756871222
The matter concerns the Saharayn Universal Multipurpose Society Ltd. Registered under Multi State Societies Cooperative Act 2002 Regd. No.-MSCS/CR/935/2014 Regd. office 195 Zone-1, In Front Of DB Mail, M.P. Nagar Bhopal, Madhya Pradesh-462011. Receipt No.-34016622102, Authorized Centre-Bhadohi Sector, Received from-Mr Om Prakash Maurya A sum of contribution – Rs. 252689 in words Rs. Two Lakh Fifty-two thousand six hundred eighty-nine For more information, vide attached PDF document to the representation.
With great respect to revered Sir, your applicant invites the kind attention of the Hon’ble Sir to the following submissions as follows.
1-It is submitted before the Hon’ble Sir that concerned errant staffs of the company harassing the innocent and gullible citizen from more than one year whose fault is that he believed the defaulter company and they cheated him.
2-It is submitted before the Hon’ble Sir that a gentleman expressed the confidence and invested the money because this defaulter company is recognized by the government of India to do the business on this land.
3-It is submitted before the Hon’ble Sir that now it is the responsibility of the government to ensure the safety of rights of investors concerned from such cheaters. Government must ensure the entire payment

Grievance Document

Current Status

Case closed   

Date of Action

26/08/2022

Remarks

Your Complaint is being forwarded to the Society Concerned with the direction to verify the claims and to pay the amount, if due.

Rating

1

Poor

Rating Remarks

Think about the gravity of situation that Subrat Rai Sahara was sent behind the bar by the apex court of India then this news circulated in entire print and electronic media but when he was released and freed no comment came through the print and electronic media whether he has resolved the problems of the customers they have sorted out the problems in the mysterious and cryptic working style. Whether cheaters may be allowed to do the business on the land of India but because of the corrupt public staff everything is possible in this country because of the lowering standard of the corrupt public staff in this country. Our public staff has been too much greedy and they are finding itself unable to control its greed so they are colluding with the operators of the unethical business.

Appeal Details

Appeal Number

MOCOP/E/A/22/0000888

Date of Receipt

27/08/2022

Appeal Text

Financial Services (Insurance Division) took 8 months to direct the staff of the wrongdoer company who are syphoning the fund deposited by the innocent and gullible people of this country and because of corruption both the government and the courts are supporting the company. Think about the gravity of situation public staff are procrastinating on this crucial issue since more than one and half year whether it reflects the rule of law in this country or sheer corruption in the working of the government.

Current Status

Appeal Received

Officer Concerns To

Officer Name

Shri Sheker Bose (Under Secretary)

Organisation name

Ministry of Cooperation

Contact Address

Delhi Delhi Delhi

Email Address

sheker.bose@gov.in

Contact Number

01123387926