India, May 11 -- The Registrar of Cooperative Societies, R North Division, has disqualified three office-bearers of Borivali Jankalyan Cooperative Housing Society for failing to conduct annual general meetings for the financial years 2022-23 and 2023-24 within the prescribed timelines and for not appointing auditors or submitting audit reports as required by law.

Society members led by complainant Devendra Chiplunkar and represented by advocate Sunil Sakhrani accused the managing committee of negligence, maladministration and delaying redevelopment-related decisions. The complainants also raised issues concerning governance failures and lack of transparency.

The order, passed on April 24 under section 75(5) of the Maharashtra Cooperativ...