Daijiworld Media Network - Mangaluru (SP)

Mangaluru, Dec 20: Chief executive officer of South Canara District Central Cooperative (SCDCC) Bank Ltd has informed that assistant registrar of cooperative societies, Kundapur subdivision, has issued an order dismissing Kishen Hegde Kolkebail from the post of director of Shiriyara Agricultural Service Cooperative Society. This has been done as Kolkebail has become ineligible for the post under section 29 C(8)(B) of Karnataka Cooperative Societies Act, he clarified.

Kolkebail is the former vice president of SCDCC Bank and former president of PLD Bank.

The assistant registrar of cooperative societies, Kundapur, issued the said order in tune with the said act and judgment of the Supreme Court, as per which people who have long overdues in cooperative societies become ineligible to either get elected or continue as directors of the societies. Kishan Hegde has long-pending unpaid overdue loans in Badagubettu Credit Cooperative Society at Udupi and Shiriyara Agricultural Service Cooperative Society, Saibrakatte in Udupi taluk. The said order was issued on December 19.

As per law, Hegde will not be eligible to contest any of the elections of cooperative societies, get appointed in them, or continue in existing posts as per the above order, said chief executive officer of SCDCC Bank in a release.