Co-Op Societies Ordered to Change Their Name by IHC
The Islamabad High Court (IHC) has ordered the 24 cooperative housing societies to modify their names and refrain from utilizing government agency and department names. The deputy commissioner (DC) of Islamabad stated that inhabitants and proprietors of the societies would soon benefit from its execution.
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According to sources, the Islamabad DC, which is also the registrar of cooperative housing societies, would send instructions to the circle registrar of Cooperative Housing Societies today in response to the IHC’s judgment from Monday. Three weeks’ notice was given to the housing societies to change their names. Following this, legal action would be taken against them. The directives have been issued pursuant to Section 16-A of the Cooperative Housing Societies Act. It will be followed by a name change in CDA records and the Circle Registrar Office of the district government.
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According to CDA Spokesperson Asif Shah, the administration of cooperative housing societies would give time to call annual general meetings (AGMs). If the society’s administration is unable to act, the registrar of cooperative housing schemes will dissolve the society’s management. The following AGM will discuss this matter and adopt a new name.
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