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Start Free TrialMulti State Co-operative Societies Act, 1984 [Repealed] Repealing Act 1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.....
View Complete Act List Judgments citing this sectionMulti State Co-operative Societies Act, 1984 [Repealed] Chapter IV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.....
View Complete Act List Judgments citing this sectionKarnataka 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).....
View Complete Act List Judgments citing this sectionMulti-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.....
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 123
Title: Supersession of Board of Specified Multi-state Co-operative Society
State: Central
Year: 2002
.....the administrator to arrange for the constitution of a new board for such specified multi-State co-operative society in accordance with the bye-laws of such society and immediately on the constitution of such board, the administrator shall hand over the management of such society to such newly constituted board and cease to function. (6) Where a specified multi-State co-operative society is indebted to any financial institution, the Central Government shall, before taking any action, under sub-section (1) in respect of that society, consult the financial institution. Explanation.-- For the purposes of sections 122 and 123, "specified multi-State cooperative society" means any multi-State co-operative society in which not less than fifty-one per cent. of the paid-up share capital, or, of total shares, is held by the Central Government.
View Complete Act List Judgments citing this sectionCo-operative Textile Mills (Acquisition and Transfer) Act, 1986 Chapter II
Title: Acquisition and Transfer of the Karnataka Co-operative Textile Mills Ltd., Dharwar
State: Karnataka
Year: 1986
.....payable. (3) For the removal of doubts, it is hereby declared that,- (a) save as otherwise expressly provided in this section or in any other section of the Act, no liability, other than the liability specified in sub-section (2), of the lessor or lessee in relation to the mills in respect of any period prior to the appointed day shall be enforceable against the Government, or where the mills is directed under section 8 to vest in the Company, against the Company. (b) No award, decree or order of any court, tribunal or other authority in relation to the mills passed after the appointed day in respect of any matter, claim or dispute in relation to any matter not referred in sub-section (2), which arose before that day, shall be enforceable against the Government or where the mills is directed under section 8 to vest in the Company, against the Company. (c) No liability incurred by the lessor or lessee before the appointed day for the contravention of any provisions of law for the time being in force shall be enforceable against the Government or where the mills is directed under section 8 to vest in the Company, against the Company. Section 7 - Right of Government to.....
View Complete Act List Judgments citing this sectionMulti-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.....
View Complete Act List Judgments citing this sectionMulti State Co-operative Societies Act, 1984 [Repealed] Chapter III
Title: Members of Multi-state Co-operative Societies and their Rights and Liabilities
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 co-operative 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. .....
View Complete Act List Judgments citing this sectionMulti State Co-operative Societies Act, 1984 [Repealed] Chapter IX
Title: Winding Up of Multi-state Co-operative Societies
State: Central
Year: 1984
.....shall be reimbursed by the liquidator or such other person in the circumstances, to the extent and in the manner provided in section 21-of that Act. Section 80 - liquidator (1) Where the Central Registrar has made an order under section 77-for the winding up of a multi-State co-operative society, the Central Registrar may appoint a liquidator for the purpose and fix his remuneration. (2) A liquidator shall, on appointment, lake into his custody or under his control all the property. effects and actionable claims to which the multi-State co-operative society is or appears to be entitled and shall take such steps as he may deem necessary or expedient to prevent loss or deterioration of. or damage lo. such property, effects and claims and he may carry on the business of the Multi-State co-operative society so far as may be necessary with the previous approval of the Central Registrar. (3) Where an appeal is preferred under clause (k) of sub-section (1) of section 90-. an order for the winding of a multi-State co-operative society made under section 77-shall not operate thereafter until the order is confirmed in appeal : Provided that the liquidator shall continue to.....
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Chapter IV
Title: Members of Multi-state Co-operative Societies and their Duties, Rights and Liabilities
State: Central
Year: 2002
.....of a multi-State co-operative society except the following, namely:-- (a) an individual, competent to contract under section 11 of the Indian Contract Act, 1872; (b) any multi-State co-operative society or any co-operative society; (c) the Central Government; (d) a State Government; (e) the National Co-operative Development Corporation established under the National Co-operative Development Corporation Act, 1962; (f) any other corporation owned or controlled by the Government; (g) any Government company as defined in section 617 of the Companies Act, 1956; (h) such class or classes of persons or association of persons as may be permitted by the Central Registrar having regard to the nature and activities of a multi-State cooperative society. (2) No individual person shall be eligible for admission as a member of a national cooperative society or a federal co-operative. (3) Any person eligible for membership of a multi-State co-operative society may, on his application, be admitted as a member by such society. (4) Every application for admission as a member of a multi-State co-operative society shall be disposed of by such society within a period of four.....
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