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Home Bare Acts Phrase: cooperThe Punjab Cooperative Societies Act, 1961 Complete Act
State: Punjab
Year: 1961
.....upon the crops and other agricultural produce, cattle, fodder for cattle, agricultural or industrial implements or machinery, raw materials for manufacture and any finished products manufactured from such raw materials, belonging to such member, past member or forming part of the estate of the deceased member as the case may be. (2) No person shall transfer any property which is subject to a charge under sub-section (1) except with the previous permission, in writing of the cooperative society which holds the charge. (3) Notwithstanding anything contained in any law for the time being in force, any transfer, of property made in contravention of the provisions of sub-section (2) shall be void. (4) The charge created under sub-section (1) shall be available as against any claim of the Government arising from a loan granted under the Land Improvement Loans Act, 1883 (19 of 1883) , or the Agriculturists Loans Act, 1884 (12 of 1884) , after the grant of the loan by the society. SECTION -32 32. Charge on immovable property of members borrowing loans from certain societies:- Notwithstanding anything contained in this Act or in any other law for the time being in force:- (i) any person.....
List Judgments citing this sectionDelhi Cooperative Societies Act, 1972 Complete Act
State: Delhi
Year: 1972
.....to receive, on the issue of the order of amalgamation, division or reorganisation, his share or interest, if he be a member and the amount in satisfaction of his dues, if he be a creditor (5) On the issue of an order under sub-section (1), the provisions of subsections (2) , (3) and (4) of Section 19 shall apply to the co-operative societies so amalgamated, divided or re-organised as if the amalgamation, division or reorganisation had been made under Section 15 Section17 Registrar to prepare scheme of amalgamation of co-operative bank in certain cases When an order of moratorium has been made by the Central Government under sub-section (2) of Section 45 of the Banking Regulation Act, 1949, in respect of a co-operative bank, the Registrar with the previous approval of the Reserve Bank in writing, may, during the period of moratorium, prepare a scheme (a) for the reorganisation of the Co-operative Bank; or (b) for the amalgamation of the co-operative bank with any other cooperative bank Section18 Liability of a co-operative bank to the Deposit Insurance Corporation Notwithstanding anything contained in Sections 15 and 16 or any other provision of this Act, where a.....
List Judgments citing this sectionThe Mizoram Cooperative Societies Act, 2006 Complete Act
State: Mizoram
Year: 2006
.....deemed registered under sub-section (4) or (5) of section 10, failed to fulfill the conditions required for registration of cooperative which fact was noticed only after it received the deemed status. (2) The power under sub-section (1) shall be exercised by the Registrar only after providing a reasonable oppol1unity of being heard to the existing chair person or chief promoter applicants and the answers or replies furnished by the existing chair person or chief promoters are not found satisfactory. 16. Bye-laws: (1) Every may make its own bye-laws or adopt in to or adopt with necessary changes the bye-laws prepared and published by State Government or the Registrar or that of same or similar kind of s, consistent with the provisions of this Act and rules made there under. (2) The bye-laws of co-operative shall have legal force only when it is registered by the Registrar under this Act. (3) The bye-laws of co-operative may provide for all or1most of the following subject maters namely: (a) the name address and area of operation of the co-operative; (b) the objective and purpose behind the formation of the co-operative explicitly stated as a common central.....
List Judgments citing this sectionMultistate Cooperative Societies Act, 2002 Complete Act
State: Central
Year: 2002
.....from the salary or wages payable to him, such amount as may be specified in the agreement and to pay the amount so deducted to the society in satisfaction of any debt or other demand the member owes to the society. (2) On the execution of such agreement, the employer disbursing the salary or wages of the members shall, if so required by the multi-State cooperative society, by a requisition in writing and so long as the society does not intimate that the whole of such debt or other demand has been paid, make the deduction in accordance with the agreement and pay the amount so deducted to the society within a period of fourteen days of the date on which deduction has been made, as if it were a part of the salary or wages payable on the day as required under the Payment of Wages Act, 1936 (4 of 1936), and such payment shall be valid discharge of the employer for his liability to pay the amount deducted. (3) If after the receipt of a requisition made under sub-sec. (2), the employer disbursing the salary or wages of the member at any time fails to deduct the amount specified in the requisition from the salary or wages payable to the member concerned or makes default in remitting.....
List Judgments citing this sectionMulti State Cooperative Societies Act, 1984 Complete Act
State: Central
Year: 1984
.....refusing admission to the applicant. ' (6) Notwithstanding anything contained in this section, the Central Government may, having regard to the fact that the interest of any person or class of persons conflicts or is likely to conflict with the objects of any multi-State co-operative society or class of multi-State co-operative societies, by general or special order published in the Official Gazette, declare that any person or class of persons engaged in or carrying on any profession, business or employment shall be disqualified from being admitted, or for continuing, as members or shall be eligible for membership only to a limited extent of any specified multi-State cooperative society or class of multi-State co-operative societies, so long as such person or persons is or are engaged in or carrying on, that profession, business or employment, as the case may be. SECTION 20: MEMBERS NOT TO EXERCISE RIGHTS TILL DUE PAYMENT MADE No member of a multi-State co-operative society shall exercise the rights of a member, unless he has made such payments to the society in respect of membership, or has acquired such interest in the society, as may be specified in the bye-laws. SECTION.....
List Judgments citing this sectionWest Bengal Cooperative Societies Act, 1983 Complete Act
State: West Bengal
Year: 1983
.....declared as such by the State Government; (25) "industrial co-operative society" means a co-operative society, the object of which includes manufacture and marketing of goods by or with the help of its members and providing supplies and services to them and to small producers and entrepreneurs, and includes a co-operative society established with the object of facilitating the operation of such society; (26) "Inspector of Co-operative Societies" means a person appointed as such by the Registrar; (27) "liquidator" means a liquidator appointed under section 100; 1212. Clause (28) subst. by W.B. Act 27 of 1989. (28) "member" means a person joining in an application for registration of a co-operative society or a person admitted to the membership of a co-operative society after registration in accordance with the provisions of this Act and the rules and the by-laws made thereunder, and includes a joint member and, subject to the provisions of sub-section (3) of section 69, a nominal member. Explanation. For the purposes of this clause, (a) "joint member" shall mean any one of two persons admitted jointly to the membership of a co-operative society under sub-section (4) of.....
List Judgments citing this sectionThe Tripura Cooperative Societies (Second Amendment) Act, 2009 Complete Act
State: Tripura
Year: 2009
.....20A After section 20 of the principal Act, the following new section 20A shall be inserted namely:- "20A Notwithstanding anything contained in this Act, rules or bye-laws made there under or any other law for the time being in force, a cooperative credit structure society shall have autonomy in all financial and internal administrative matters including the following areas-.- (a) Interest rates on deposits and loans, Provided that in case of the State Cooperative Bank, the interest rates shall be in conformity with the guidelines issued by the Reserve Bank; (b) Borrowing and Investments, (c) Loan policies and individual loan decisions, (d) Personnel policy, staffing, recruitment, posting and compensation to staff, (e) Internal control systems, appointment of auditors and compensation for the audit. Section 9 - Amendment of Section 21 Section 21 of the principal Act shall be treated as sub-section (1) of Section 21 and thereafter sub-section (2) shall be inserted as follows:- "(2) No primary agricultural credit society or its federation or association (except those which are permitted to act as a bank under Banking Regulation Act, 1949 [Central Act No.10 of 1949)] shall be.....
List Judgments citing this sectionMaharashtra Cooperative Societies Act, 1960 Complete Act
State: Maharashtra
Year: 1960
.....to receive, on the issue of the order of amalgamation, division or reorganisation his share or interest, if he be a member, and the amount in satisfaction of his dues if he be a creditor. (5) On the issue of an order under sub-section (1), the provisions in sub-sections (2), (3) and (4) of section 17 shall apply to the societies so amalgamated, divided or reorganised as if they were amalgamated, divided or reorganised under that section, and to the society amalgamated, divided or reorganised. 4444. Sub-section (6) was added by Mah. 5 of 1976, s. 2. [(6) Nothing contained in this section shall apply for the amalgamation of 4545. These words were substituted for the words "two or more co-operative banks" by Mah. 4 of 1977,s.2. [two or more co-operative banks or two or more primary agricultual credit societies].] Section18A Amalgamation of co-operative banks 4646. Section 18-A was inserted by Mah. 5 of 1976, s. 3. (1) Where the Registrar is satisfied that it is essential in the public interest, or in order to secure the proper management of one or more co-operative banks that two or more such banks should be amalgamated, then notwithstanding anything contained in section 17, the.....
List Judgments citing this sectionThe Delhi Cooperative Societies Act, 2003 Complete Act
State: Delhi
Year: 2003
.....to receive, on the issue of the order of amalgamation, division or reorganisation, his share or interest, if he be a member and the amount in satisfaction of his dues, if he be a creditor. (5) On the issue of an order under sub-section (1), the provisions of sub-sections (2), (3) and (4) of section 20 shall apply to the co-operative societies so amalgamated, divided or reorganised as if the amalgamation, division or reorganisation had been made under section 16. Registrar to prepare scheme of amalgamation of co-operative bank in certain cases. 18. (1) When an order of moratorium has been made by the Central Government under sub-section (2) of section 45 of the Banking Regulations Act, 1949 (10 of 1949) in respect of a co-operative bank, the Registrar, with the previous approval of the Reserve Bank in writing, may, during the period of moratorium, prepare a scheme - (a) for the reorganisation of the co-operative bank; or (b) for the amalgamation of the co-operative bank with any other co-operative bank. Liability of a co-operative bank to the Deposit Insurance Corporation. 19. Notwithstanding anything contained in sections 16 and 17 or any other provision of this.....
List Judgments citing this sectionThe Punjab Cooperative Societies Rules, 1963 Complete Act
State: Punjab
Year: 1963
.....society. Note:- ˜Standard Acre' for the purpose of this rule shall have the same meaning as given in Punjab Security of Land tenures Act, 1953(Act 10 of 1953). 23-B. Election of the first committee after Registration of the Co-op. Society- Section 26 (IF) - Subject to the provisions of sub-section (IF) of section 26, the first committee of a co-operative society. Shall be elected within a period of fix months from the date of its registration. 24. Proportion of individual and Co-op. Societies for constituting committee Section 85(2)- In a Cooperative Society, the membership which is not exclusively confined to individuals, the representation of individuals' and Co-op. Societies on the committee and the general body shall be such as may be laid down in the bye-laws of the cooperative Society. 25. Disqualification for Section membership of committee- No person shall be eligible for election as a member of the committee if- (a) he is in default to any Co-operative Society in respect of any co-operative due from him to the Co-op. Society or owes to any co-operative Society an amount exceeding his maximum credit limit. (b) He has, directly or indirectly any interest in.....
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