Registration cancelled for another delinquent cooperative
The Registrar of Cooperatives and Friendly Societies has cancelled the registration of another cooperative society.
The registration of the Portmore Villas Land Development Limited was cancelled because it has failed to file its annual returns and financial statements for the past 10 years.
The registrar says this is a breach of the Industrial and Provident Societies Act.
In recent weeks, the registrar has cancelled the registration of a number of cooperatives and societies for failing to file returns and financial statements.