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NACOF asked to pay dues with interest; Registrar waives off penalty

NACOF asked to pay dues with interest; Registrar waives off penalty Underlining co-op spirit, Central Registrar waives off penal interest The Central Registrar of Cooperative Societies Vivek Aggarwal has directed NACOF to repay the principal amount along with the interest to NCDC within six months and asked NCDC to waive off the penal interest. The matter is related to loan default, a case filed by NCDC against the Delhi based National Federation of Farmers’ Procurement, Processing and Retailing Cooperative of India (NACOF) which is currently going on in the court of Central Registrar of Cooperative Registrar, according to the delayed news coming to Indian Cooperative desk.

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