Karkala Govinda Shenoy
MANGALURU: Karkala Govinda Shenoy, popularly known as K G Shenoy, former chief manager of Syndicate Bank, passed away here on Tuesday, following age-related illness. He was 86. He is survived by his wife, two daughters and a son. Due to Covid protocols, his last rites were performed in the presence of only immediate family members, at Boloor crematorium on Tuesday.
He joined Syndicate Bank in July 1959, and retired from the bank in March 1990 at Manipal, as chief manager. During his banking career, he had headed the industrial finance department of the bank in Mumbai, and was the secretary of the bank’s local loans committee in Mumbai.
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Completing legal formalities
Registered Associations, Unions and Societies are governed under Societies Registration Act and other Rules whereby they are required to comply with the regulations governing their operations and have to complete the required formalities periodically which having fallen due must be completed by the end of the current financial year. Most of them having not done so by not approaching the concerned Registrars with updated information about the concerned body so far must do it positively by or before March 31, this year, is what is the administrative requirement.
That apart , the question is why should these Bodies not follow the Regulatory Regime and fulfil all legal formalities , the alternative for which , to speak in plain words , is to wind up such Bodies as nothing of such type can legally be allowed to function and operate. There is a good number of such Bodies in Jammu and Kashmir , nearly over 582 comprising Trade Unions, Industries Associations,