Form ‘H' - Application for reconstruction of a society
[See Rule 18(1)]
Application for reconstruction of a society
To
The Registrar of Co-operative Societies,
In the special general meeting of.................................................. Society at..... .................. Taluka.........................District .......................called for the purpose of reconstruction of the society, the society has approved a compromise/ arrangement with its creditors and/or members on the following lines :-
(1) By reducing the claims of creditors;
(2) By reducing the value of the share capital;
(3) By revaluation of assets.
A detailed scheme worked out on the above lines is enclosed with a copy of the resolution passed by the special general meeting of the society referred to above.
We would request that the scheme of reconstruction of the society may please be approved and orders issued to that effect.
Chairman/Member/Creditor/Liquidator,
........................................... Society