(1) This Act may be called the Co-operative SocietiesAct, 1912; and (2) It extends to 1 [the whole of Indiaexcept 2 [the territories which, immediately before the 1st November, 1956, were comprised in Part B States].] ______________________ 1.Substituted by the A.O. 1950, for "all the Provinces of India". 2.Substituted by the A.O. 1956 for "PartB States".
View Complete Act List Judgments citing this sectionIn this Act, unless there is anything repugnant in the subject or context,-- (a)"by-laws" means the registered by-laws for the time being in force, and includes a registered amendment of the by-laws; (b) "committee" means the governing body of a registered society to whom the management of its affairs is entrusted; (c) "member" includes a person joining in the application for the registration of a society and a person admitted to membership after registration in accordance with the by-laws and any rules; (d) "officer" includes a chairman, secretary, treasurer, member of committee, or other person empowered under the rules or the by-laws to give directions in regard to the business of the society; (e) "registered" society means a society registered or deemed to be registered under this Act; (f) "Registrar" means a person appointed to perform the duties of a Registrar of Co-operative Societies under this Act; or (g) "rules" means rules made under this Act.
View Complete Act List Judgments citing this sectionThe 1 [State Government] mayappoint a person to be Registrar of Co-operative Societies for the 2 [State], or any portionof it and may appoint persons to assist such Registrar, and may, by general orspecial order, confer on any such person all or any of thepowers of a Registrar under this Act. ___________________ 1.Substituted by the A.O. 1950, for "Provincial Government". 2.Substituted by the A.O. 1950, for"Province".
View Complete Act List Judgments citing this sectionSubject to the provisions hereinafter contained, a society whichhas its object the promotion of the economic interests of itsmembers inaccordance with co-operative principles, or a society established with theobject of facilitating the operation of such a society, may be registered underthis Act with or without limited liability : Provided that unless the 1 [State Government] bygeneral or special order otherwise directs-- (1) the liability of asociety of which a member is a registered societyshall belimited ; (2) the liability of asociety of which the object is the creation of funds to be lent to itsmembers, andof which the majority of the members are agriculturists,and of which no member is a registered society,shall beunlimited. _____________________ 1. Substituted by A.O. 1950, for "ProvincialGovernment".
View Complete Act List Judgments citing this sectionWhere the liability of the members of a society is limited by shares, no member other than a registered society shall-- (a) hold more than such portion of the share capital of the society subject to a maximum of one-fifth, as may be prescribed by the rules; or (b) have or claim any interest in the shares of the society exceeding one thousand rupees.
View Complete Act List Judgments citing this section(1) No society, other than a society of which a member is a registered society, shall be registered under this Act which does not consist of at least ten persons above the age of eighteen years and where the object of the society is the creation of funds to be lent to its members, unless such persons-- (a) reside in the same town or village or in the same group of villages; or (b) save where the Registrar otherwise directs, are members of the same tribe, class, caste or occupation. (2) The word "limited" shall be the last word in the name of every society with limited liability registered under this Act.
View Complete Act List Judgments citing this sectionWhen any question arises whether for the purposes of this Act a person is an agriculturist or a non-agriculturist, or whether any person is a resident in a town or village or group of villages, or whether two or more villages shall be considered to form a group, or whether any person belongs to any particular tribe, class, caste, or occupation, the question shall be decided by the Registrar whose decision shall be final.
View Complete Act List Judgments citing this section(1) For purposes of registration an application to register shall be made to the Registrar. (2) The application shall be signed-- (a) in the case of a society of which no member is a registered society, by at least ten persons qualified in accordance with requirements of Sec 6, sub-section (1) ; and (b) in the case of a society of which a member is a registered society, by a duly authorised person on behalf of every such registered society, and where all the members of the society are not registered societies, by ten other members or, when there are less than ten other members, by all of them. (3) The application shall be accompanied by a copy of the proposed by-laws of the society, and the persons by whom or on whose behalf such application is made shall furnish such information in regard to the society as the Registrar may require.
View Complete Act List Judgments citing this sectionIf the Registrar is satisfied that a society has com-plied with the provisions of this Act and the rules and that its proposed by-laws are not contrary to the Act or to the rules, he may, if he thinks fit, register the society and its by-laws.
View Complete Act List Judgments citing this sectionA certificate of registration signed by the Registrar shall be conclusive evidence that the society therein mentioned is duly registered unless it is proved that the registration of the society has been cancelled.
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