‘Amendments proposed to Cooperative Societies Act’
The Hindu
It includes barring defaulter from contesting polls: Minister
The State has proposed eight amendments to Cooperative Societies Act, including barring a person, who is defaulter of a loan given by a cooperative institution, from contesting elections, said Minister for Cooperation S.T. Somashekar here on Sunday.
Talking to reporters, the Minister said presently nominations for Assembly and Lok Sabha elections can be rejected if the person has defaulted in payment of rent, water bill and other payments. But defaulters of loan given by Cooperative institutions are being allowed to contest elections.
“There are good number of legislators, who have defaulted in clearing loans,” he said.
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