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Supersession in co-operative law refers to the dissolution or suspension of the elected managing committee of a co-operative society and the appointment of an administrator by the competent authority. It is an extraordinary statutory measure intended to protect the interests of members, depositors, and the public, and therefore can be exercised only on specific grounds expressly provided under the relevant Co-operative Societies Acts and constitutional principles. Supersession directly interferes with the democratic functioning of co-operatives and is thus subject to strict legal scrutiny. One of the primary grounds for supersession is persistent default. Persistent default implies continuous failure of the managing committee to perform statutory duties ________ ________ _____ ______ ______ _______ __________ _____ ______ _____ ___ ____.
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