Guidelines on Inspection of Cooperatives Flashcards

to memorize

1
Q

a function exercised by the Authority to ensure that cooperatives comply with the regulatory requirements imposed by the cooperative laws, rules and regulations, related laws and other administrative issuances.

A

INSPECTION

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2
Q

an order issued by the Authority requiring the cooperative to explain/show why it failed comply with the cooperative laws, rules, and regulation and other administrative issuances relating to the grounds for Dissolution, Liquidation, Cancellation.

A

SHOW CAUSE ORDER

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3
Q

an order issued by the Authority for the termination of the juridical personality of the cooperative through appropriate proceedings, or through its own initiative.

A

ORDER OF DISSOLUTION

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4
Q

an order issued by the Authority or by the appropriate court for the winding up of the affairs of the cooperatives.

A

ORDER OF LIQUIDATION

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5
Q

an ordered issued by the Authority to cancel the Certification of Registration of the cooperative thereby terminating its juridical personality

A

Order of Cancellation

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6
Q

cooperatives whose names are delisted or stricken out from the Registry of the Existing Cooperatives after their Certificate of Registration has been ordered cancelled.

A

Delisted Cooperatives

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