PONDA: Registrar of Co-operative Societies (RCS) Arvind Khutkar has issued a show cause notice to around 18 former Board of Directors for their alleged mismanagement causing a loss to Goa Dairy and its cattle feed plant while making various raw material purchases.
The RCS has taken action following an inquiry by Assistant Registrar of Cooperative Societies (ARCS) Rajesh Parvar after complaints filed by Goa Dairy farmer Ramesh Naik.
The notices are issued alleging that the purchases with respect to buffalo milk, cotton seed extractions are made at higher rates sidelining the lower rates quoted by the bidders thus alleging them of causing loss to Goa Dairy.
The RCS has ordered the former directors to give a written reply and if possible with evidence by July 29.
