Title : Accounts
State : Karnataka
Year : 1960
Section 12 - Accounts (1) The governing body of every society registered under this Act shall keep at the registered office of the society or at such other place in the State as the governing body thinks fit, proper books of account with respect to,-- (a) all sums of money received and expended by the society and the matters in respect of which the receipt and expenditure takes place; (b) all sales and purchases of goods by the society; and (c) the assets and liabilities of the society. (2) Every balance sheet of a society shall give a true and fair view of the state of affairs of the society as at the end of the1[x x x] year and every income and expenditure account shall give a true and fair view of the excess of income over expenditure, or excess of..... View Complete Act List Judgments citing this sectionTitle : Karnataka Societies Registration Act, 1960
State : Karnataka
Year : 1960
Preamble 1 - KARNATAKA SOCIETIES REGISTRATION ACT, 1960 Section 1 - Short title, extent and commencement Section 2 - Definitions Section 3 - Societies to which the Act applies Section 4 - Conditions of registration Section 5 - Mode of forming societies Section 6 - Requirements with respect to memorandum Section 7 - Societies not to be registered with undesirable names Section 8 - Registration of societies Section 9 - Alteration of memorandum of association Section 10 - Change of name, rules and regulations Section 11 - General meeting Section 12 - Accounts Section 13 - Balance sheet and annual list of governing body to be filed with Registrar Section 14 - Property of society how vested Section 15 - Suits by and against society Section 16 - Suits not to abate Section 17 -..... List Judgments citing this sectionTitle : Enforcement of Judgment Against Society
State : Karnataka
Year : 1960
(1) If a judgment is passed against the person or officer named on behalf of the society, such judgment shall not be enforced against the person or property of such person or officer, but shall be enforced against the property of the society. (2) The application for execution shall set forth the judgment, the fact of the party against whom it shall have been passed having sued or having been sued, as the case may be, on behalf of the society only, and shall require to have the judgment enforced against the property of the society. View Complete Act List Judgments citing this sectionTitle : Recovery of Penalty Accruing Under Bye-law
State : Karnataka
Year : 1960
Whenever by any bye--law duly made in accordance with the rules and regulations of the society, or, if the rules do not provide for the making of bye--laws, by any bye--law passed at a general meeting of the members of the society convened for the purpose by a majority of not less than three--fifths of the members present at such meeting, any pecuniary penalty is imposed for the breach of any rule or bye--law of the society, such penalty, when accrued, may be recovered in any court having jurisdiction where the defendant shall reside, or the society shall be situate, as the governing body thereof shall deem expedient. View Complete Act List Judgments citing this sectionTitle : Members Liable to Be Sued as Strangers
State : Karnataka
Year : 1960
Any member who may be in arrear of a subscription which according to the rules of the society, he is bound to pay, or who shall possess himself of or detain any property of the society in a manner or for a time contrary to such rules, or shall injure or destroy any property of the society, may be sued for such arrear or for the damage accruing from such detention, injury or destruction of property in the manner hereinbefore provided. View Complete Act List Judgments citing this sectionTitle : Members Guilty of Offences Punishable as Strangers
State : Karnataka
Year : 1960
Any member of the society who shall steal, purloin or embezzle any money or other property, or wilfully and maliciously destroy or injure any property of such society, or shall forge any deed, bond, security for money, receipt or other instrument, whereby the funds of the society may be exposed to loss, shall be subject to the same prosecution, and, if convicted, shall be liable to be punished in like manner, as any person not a member would be subject and liable to in respect of the like offence. View Complete Act List Judgments citing this sectionTitle : Provision for Dissolution of Societies and Adjustment of their Affairs
State : Karnataka
Year : 1960
Any number not less than three--fourths of the members of any society may determine that it shall be dissolved and thereupon it shall be dissolved forthwith, or at the time then agreed upon, and all necessary steps shall be taken for the disposal and settlement of the property of the society, its claims and liabilities, according to the rules of the said society applicable thereto, if any, and if there are no such rules, as the governing body shall find expedient, provided that, in the event of any dispute arising among the said governing body or the members of the society, the adjustment of its affairs shall be referred to the principal court of original civil jurisdiction of the district in which the registered office of the society is situate; and the court shall make such order in..... View Complete Act List Judgments citing this sectionTitle : Conditions of Registration
State : Karnataka
Year : 1960
No society, other than a society of which the State Government is a member, which does not consist of at least seven persons above the age of eighteen years shall be registered under this Act. View Complete Act List Judgments citing this sectionTitle : Requirements with Respect to Memorandum
State : Karnataka
Year : 1960
(1) The memorandum of association of every society shall state,-- (a) the name of the society; (b) the objects of the society; (c) the names, addresses and occupations of the members of the governing body to whom, by the rules of the society, the management of its affairs is entrusted; (d) the place at which the registered office of the society is to be situate. (2) There shall be registered with the memorandum of association, the rules and regulations of the society, which shall contain provisions relating to admission of members, general meetings, proceedings at such meetings including voting by members, the governing body and proceedings of meetings of the governing body: Provided that save as otherwise provided in this Act, no rule or regulation of a society shall..... View Complete Act List Judgments citing this sectionTitle : Societies Not to Be Registered with Undesirable Names
State : Karnataka
Year : 1960
No society shall be registered by a name which, in the opinion of the Registrar, is undesirable. A name which is identical with, or too nearly resembles, the name by which a society in existence has been previously registered, may be deemed to be undesirable by the Registrar under this section. View Complete Act List Judgments citing this section