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Multi State Co-operative Societies Act, 1984 [Repealed] Repealing Act 1

Title: Multi-state Co-operative Societies Act, 2002

State: Central

Year: 1984

.....shall apply to-- (a) all co-operative societies, with objects not confined to one State which were incorporated before the commencement of this Act,-- (i) under the Co-operative Societies Act, 1912, 2 OF 1912 or (ii) under any other law relating to co-operative societies in force in any State or in pursuance of the Multi-unit Co-operative Societies Act, 1942, 6 of 1942 or the Multi-State Co-operative Societies Act, 1984, 51 of 1984, and the registration of which has not been cancelled before such commencement; and (b) all multi-State co-operative societies. 3. Definitions In this Act, unless the context otherwise requires,-- (a) "area of operation" means the area from which the persons are admitted as members; (b) "board" means the board of directors or the governing body of a multi-State co-operative society, by whatever name called, to which the direction and control of the management of the affairs of the society is entrusted; (c) "bye-laws" means the bye-laws for the time being in force which have been duly registered or deemed to have been registered under this Act and includes amendments thereto which have been duly registered or deemed to have been.....

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Multi-state Co-operative Societies Act, 2002 Chapter V

Title: Direction and Management of Multi-state Co-operative Societies

State: Central

Year: 2002

.....for the refusal or failure to convene the special general meeting. Section 41 - Board of directors (1) Subject to the provisions of this Act and rules, there shall be a board of directors for every multi-State co-operative society consisting of such number of members as specified in sub-section (3). (2) The members of a multi-State co-operative society, by a resolution in a general meeting, shall elect directors who shall be members of board. (3) The board shall consist of such number of directors as may be specified in the bye-laws: Provided that the maximum number of directors in no case shall exceed twenty-one: Provided further that the board may co-opt we directors in addition to twenty-one directors specified in the first proviso: Provided also that the functional directors in the national co-operative societies shall also be the members of the board and such members shall be excluded for the purpose of counting the total number of directors specified in the first proviso. Section 42 - Association of employees in management decision making process Every multi-State co-operative society shall devise such procedure, as may be specified in the bye-laws.....

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Multi-state Co-operative Societies Act, 2002 Chapter II

Title: Central Registrar and Registration of Multi-state Co-operative Societies

State: Central

Year: 2002

.....require. Section 7 - Registration (1) If the Central Registrar is satisfied-- (a) that the application complies with the provisions of this Act and the rules; (b) that the proposed multi-State co-operative society satisfies the basic criterion that its objects are to serve the interests of members in more than one State; (c) that its bye-laws provide for social and economic betterment of its members through self-help and mutual aid in accordance with the co-operative principles; (d) that the proposed bye-laws are not contrary to the provisions of this Act and the rules, he may register the multi-State co-operative society and its bye-laws. (2) The application for registration shall be disposed of by the Central Registrar within a period of four months from the date of receipt thereof by him. (3) Where the Central Registrar refuses to register a multi-State co-operative society, he shall communicate, within a period of four months from the date of receipt of the application for registration, the order of refusal together with the reasons therefor to the applicant or applicants, as the case may be: Provided that no order of refusal shall be made unless the.....

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Karnataka Co-operative Societies Act, 1959 Chapter IV

Title: Management of Co-operative Societies

State: Karnataka

Year: 1959

.....any contract made with suchco-operative society or in the sale or purchase made by such co-operative society privately or in auction or in any contract or transaction of the cooperative society (other than investment and borrowing) involving financial interests in that contract, sale, purchase or transaction; (c) 1 [he or any of his near relation carries] on a business of the kind carried on by such co-operative society or by a co-operative society of which such co-operative society is a member; 2 [Provided that if any question arises as to whether any person is near relation or not, the case shall be decided by the Registrar and his decision shall be final.] (d) he is employed as legal practitioner on behalf of such co-operativesociety or accepts employment as legal practitioner against such cooperative society; (e) he is a paid employee of such co-operative society or of itsfinancing bank; 3 [Provided that nothing in this clause shall apply to the Chief Executive of such co-operative society.] (f) he is a near relation of a paid employee of such co-operativesociety. 4 [Explanation.--For the purpose of 1 [this clause and clause (c)] 'near relation' means,-- (i).....

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Multi State Co-operative Societies Act, 1984 [Repealed] Chapter IV

Title: Direction and Management of Multi-state Co-operative Societies

State: Central

Year: 1984

.....society and for the correct preparation, timely submission of periodical statement and returns in accordance with the provisions of this Act, the rules and the bye-laws; (e) Convening meetings of the general body of the multi-State co-operative society, the board and the Executive Committee and other committees or sub-committees constituted under sub-section (1) of section 46-and maintaining proper records for such meetings; (f) Making appointments to posts in the multi-State co-operative society in accordance with the rules made under clause (e) of sub-section (2) of section 42-except the posts in relation to which the powers of appointment vests in the board under clause (d) of that sub-section; (g) Assisting the board in the formulation of policies and objectives and planning; (h) Furnishing to the board periodical information necessary for appraising the operations and functions of the multi-State co-operative society. (i) Performing such other duties, and exercising such other powers, as may be prescribed or as may be specified in the bye-laws of the multi-State co-operative society. Section 46 - Committees of the board (1) The board may, subject to.....

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Multi-state Co-operative Societies Act, 2002 Chapter XIII

Title: Societies Which Become Multi-state Co-operative Societies Consequent on Reorganisation of States

State: Central

Year: 2002

.....final and shall be binding on all the societies affected by the scheme as well as the shareholders and creditors of all such societies. Explanation.-- For the purposes of this sub-section, "appropriate High Court" means the High Court within the local limits of whose jurisdiction the principal place of business of the multi-State co-operative society is situated. (5) Notwithstanding anything contained in this section, where a scheme under sub-section (2) includes any proposal regarding the transfer of the assets and liabilities of any multi-State co-operative society referred to in clause (b) thereof, the scheme shall not be binding on such multi-State co-operative society or the shareholders and creditors thereof, unless the proposal regarding such transfer is accepted by that multi-State co-operative society by a resolution passed by a majority of the members present at a meeting of its general body.

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Multi-state Co-operative Societies Act, 2002 Section 103

Title: Co-operative Societies Functioning Immediately Before Reorganization of States

State: Central

Year: 2002

.....final and shall be binding on all the societies affected by the scheme as well as the shareholders and creditors of all such societies. Explanation.-- For the purposes of this sub-section, "appropriate High Court" means the High Court within the local limits of whose jurisdiction the principal place of business of the multi-State co-operative society is situated. (5) Notwithstanding anything contained in this section, where a scheme under sub-section (2) includes any proposal regarding the transfer of the assets and liabilities of any multi-State co-operative society referred to in clause (b) thereof, the scheme shall not be binding on such multi-State co-operative society or the shareholders and creditors thereof, unless the proposal regarding such transfer is accepted by that multi-State co-operative society by a resolution passed by a majority of the members present at a meeting of its general body.

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Multi-state Co-operative Societies Act, 2002 Section 108

Title: Inspection of Books of Account, Etc., of Multi-state Co-operative Society

State: Central

Year: 2002

.....in token of the inspection having been made. (5) Notwithstanding anything contained in any other law for the time being in force or any contract to the contrary, the Central Registrar or an officer authorised under clause (ii) of sub-section (1), making an inspection under this section shall have the same powers as are vested in a civil court under the Code of Civil Procedure, 1908, while trying a suit, in respect of the following matters, namely:-- (i) the discovery and production of books of account and other documents, at such place and such time as may be specified by such person; (ii) summoning and enforcing the attendance of persons and examining them on oath; (iii) inspection of any books, registers and other documents of the multi-State co-operative society at any place. (6) Where an inspection of the books of account and other books and papers of the multi-State co-operative society has been made under this section, the Central Registrar or an officer authorised under clause (ii) of sub-section (1), making the inspection shall make a report to the Central Government.

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Multi-state Co-operative Societies Act, 2002 Section 79

Title: Inspection of Multi-state Co-operative Societies

State: Central

Year: 2002

.....shall be made unless a notice of not less than fifteen days has been given to the multi-State co-operative society. (2) (a) For the purpose of inspection under sub-section (1), the Central Registrar or the person authorised by him under that sub-section shall at all times have access to all books, accounts, papers, vouchers, securities, stock and other property of that society and may, in the event of serious irregularities discovered during inspection, take them into custody and shall have power to verify the cash balance of the society and subject to the general or special order of the Central Registrar to call a meeting of the board and also a general meeting of the society where such general meeting is, in his opinion, necessary. (b) Every officer or member of a multi-State co-operative society shall furnish such information with regard to the working of the society as the Central Registrar or the person making such inspection may require. (3) A copy of the report of inspection under this section shall be communicated to the multi-State co-operative society within a period of three months from the date of completion of such inspection.

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Karnataka Co-operative Societies Act, 1959 Chapter II

Title: Registration of Co-operative Societies

State: Karnataka

Year: 1959

.....by him which shall be conclusive evidence that the amendment has been duly registered.] ______________________________________ 1. Substituted by Act Act 25 of 1998 w.e.f. 15.8.1998. 2. Inserted by Act Act 25 of 1998 w.e.f. 15.8.1998. 3. Sub-sections (5) and (6) inserted by Act 5 of 1984w.e.f. 9.1.1984. Section 13 - When amendments of bye-laws come into force Subject to any appellate order under section 106, an amendment of the bye-laws of a co-operative society shall unless it is expressed to come into operation on a particular day, come into force on the day on which it is registered. Section 14 - Amalgamation, transfer of assets and liabilities and division of co-operative societies (1) A co-operative society may, by a resolution passed by a two-thirds majority of the members present and voting at a general meeting of the society,-- (a) divide itself into two or more co-operative societies; or (b) transfer its assets and liabilities in whole or in part to any otherco-operative society which by a like resolution agrees to such transfer. (2) Any two or more co-operative societies may, by a resolution passedby a two-thirds majority of the members present and.....

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