At what could be term as violation of government rules the RCS of Manipur appointed the Deputy Registrar of Co Operative Societies Manipur as Administrator of the IUCB Ltd under section 73 of MCS Act 1976.
However the RCS Manipur has no power to appoint the Deputy Registrar of co operative societies Manipur as administrator of the Imphal Urban Co-operative Bank Ltd as the post of Deputy Registrar of co operative
societies is second class gazetted officer.
Source said the Registrar of Co operative societies Manipur office started file process for appointment an Administrator started on 30/3/2015. The file was passed to Deputy Registrar of Co operative societies in that same day and taking approval from Registrar of Co operative Societies Manipur skipping the state government the appointment order was issued.
As according to rules, the government of Manipur should appoint the deputy registrar of cooperative societies as administrator of the Imphal Urban Co operative Bank Ltd. The said deputy registrar of co operative societies is also the head of the banking section of the cooperative societies under Registrar office.
The administrator adopted the decision regarding affairs of the bank and submitted the same to the office of Registrar of Co Operative Societies, Manipur. For approval and in the office of Registrar of Co operative Societies Manipur the Deputy Registrar of Co Operative Societies Manipur is scrutinising the said decision for approval of Registrar of Societies Manipur.