The High Court Circuit Bench (HCCB), Dharwad, has given an interim stay on amendments to the Karnataka State Co-Operative Act-1977.
Sirsi-based Vijaylakshmi Composite Co-Operative Society Limited had filed a writ petition at the HCCB challenging the decision of the state which had stated that the co-operative societies have to audit their accounts with one of the auditor mentioned by the government. A single-bench headed by Justice H G Ramesh who heard the case, has given an interim stay on the government order.
As per the amendment, the co-operative societies have to audit their account with any one of the 10 auditors mentioned by the government.
Challenging this, more than 15 co-operative societies had filed writ petition at the HCCB.