Permission/NOC Of Tirumalla Tirupati Multistate Co-Operative Credit Society Withdrawn: Govt

The Office of Registrar of Cooperative Societies has informed that the permission/ No Objection Certificate (NOC) granted to Tirumalla Tirupati Multistate Co-operative Credit Society Ltd., vide letters dated 31/07/2014 and 28/06/2018 permitting extension of its area of operation and opening of 13 branches within the State of Goa has been withdrawn and cancelled with immediate effect by the Government of Goa. This press note has been issued by the Department of Information and Publicity, Government of Goa. The said action has been taken following regulatory scrutiny and inspection carried out by the Office of the Registrar of Co-operative Societies, Goa, in accordance with the authority delegated to State Registrars for inspection of Multi-State Co-operative Societies operating within their territorial jurisdiction as per Section 108 of the Multi-State Co-operative Societies Act, 2002, read with the Circular issued by the Central Registrar of Co-operative Societies dated 24/05/2013. #TirumallaTirupatiCoop #NOCCancelled #RegistrarOfCooperativeSocieties #GoaGovernment #CooperativeSocieties #RegulatoryAction #PublicAdvisory #FinancialCaution #GoaNews The inspection and subsequent proceedings revealed serious and persistent non-compliance with statutory requirements and regulatory directions, including, inter alia: Non-submission of audited financial statements as required under law; Non-cooperation with statutory inspection and verification processes; Violation of the terms and conditions subject to which the NOC was granted; and failure to respond to or appear before the Registrar of Co-operative Societies despite due service of notices. The general public is advised to take note of the regulatory status of the said society and to exercise due diligence and caution while undertaking any financial transaction or investment with the aforesaid society. In case of any grievance, dispute or clarification in relation to the said society concerned persons may approach the appropriate competent authority as per law. PRUDENT MEDIA GOA | Most Popular Goa News Channel Check out latest news on Goa, Politics, Business, Cricket, Technology, Automobile, Lifestyle & Health and Travel. #Goa_news_channel #konkani_news #Konkani_Goa_News_Live_Today #prudent #goa #konkani_news #konkani #pramodsawant #sankhali #cabinet #cabinetmeeting #bjp #bjpnews #tourism #goatourism #nitingadkari #bjpgoa #trending #viral #viralvideo #raga #namo #rahulgandhi #arvindkejriwal #bharatjodoyatra #congress #RGP #revolutionarygoans #vijaisardesai #fatorda #goaforward #ManojParab #MGP #SundiDhavalikar #Madkai #congressnews #aap #aapnews #mamtabanerjee #tmc #yurialemao #Cuncolim #digambarkamat #Margao #Rameshtawadkar #canacona #Subhashphaldesai #Sanguem #Michaellobo #Calangute #VireshBorkar #StAndre #narendremodi #amitshah #Mopa #JitArolkar #Mandrem #PravinArlekar #Pernem #JoshuaDsouza #Mapusa #VishwajitRane #Valpoi #DeviyaRane #Poriem #RaviNaik #Ponda #SubhashShirodkar #Shiroda #Panaji Subscribe on youtube ► https://goo.gl/taiJmn More on https://www.prudentmedia.in Download Goa’s No. 1 News Channel Mobile App: https://play.google.com/store/apps/de... Like us on Facebook:   / prudentmedia   Follow us on Twitter:   / prudentgoa