States » NorthPosted at: Sep 13 2025 1:41AM


Board of Directors of Kangra Central Cooperative Bank suspended, Administrator appointed

Dharamshala, Sep 12 (UNI) The Himachal Pradesh government has suspended the Board of Directors of Kangra Central Cooperative Bank, Dharamshala, citing administrative lapses, financial irregularities and violations of statutory norms. Kangra Divisional Commissioner Vinod Kumar has been appointed as the Administrator.
Registrar of Cooperative Societies took this action under Section 37 of the Himachal Pradesh Cooperative Societies Act, 1968, following repeated violations of lawful directions and ignoring guidelines of the Reserve Bank of India (RBI) and NABARD. The election process of the bank’s board, which had started from August 1, has also been cancelled in view of the governance crisis and the state’s disaster situation.
Chairman Kuldeep Singh Pathania and 20 directors have been served show-cause notices, asking them to submit their replies within 10 days. They face the possibility of being removed from their posts under Section 37(1)(a) and being disqualified from contesting any future cooperative elections under Section 37(6).
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