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Home Bare Acts Phrase: operant conditioningMulti State Co-operative Societies Act, 1984 [Repealed] Repealing Act 1
Title: Multi-state Co-operative Societies Act, 2002
State: Central
Year: 1984
.....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 co-operative 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-section (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.....
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
.....has been acting persistently against the directionsor orders issued under this Act, rules or bye-laws; or (d) is not discharging his duties satisfactorily; the Registrar may eitheron a report made to him or otherwise, by order remove such member, and in cases falling under clauses (a), (b), (c) and (d) of this sub-section disqualify him from holding any office in the co-operative society for such period not exceeding five years, as may be specified in such order: Provided that no order shall be made under this sub-section unless a reasonable opportunity of being heard, is given to the person against whom the order is to be made. (9) A copy of the order made under sub-section (8) shall be communicated to the member and the co-operative society concerned.] __________________ 1. Substituted by Act 25 of 1998 w.e.f. 15.8.1998. 2. Inserted by Act 25 of 1998 w.e.f. 15.8.1998. 3. Inserted by Act 5 of 1984 w.e.f. 9.1.1984. 4. Substituted by Act 19 of 1976 w.e.f. 20.1.1976. 5. Omitted by Act 70 of 1976 w.e.f. 4.12.1976. 6. Omitted by Act 25 of 1998 w.e.f. 15.8.1998. 7. Sub-sections (8) and (9) inserted by Act 25 of 1998 w.e.f. 15.8.1998. Section 29D - Omitted 1.....
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
..... (i) To sanction, loans to the members; and (j) To take such other measures or to do such other acts as may be prescribed or required under this Act. Section 43 - Meetings of the board (1) The Chief Executive shall convene the meetings of the board at the instance of the chairman or president of the multi-State co-operative society. (2) The total number of meetings of the board in a year and the venue of meetings may be such as may be prescribed: Provided that the Board shall meet at least once in every quarter. Section 44 - Chief Executive (1) There shall be a Chief Executive, by whatever designation called, of every multi-State co-operative society, to be appointed by the board and he shall be a full-time employee of such multi-State co-operative society. (2) The Chief Executive shall be a member of the board and of the Executive Committee and such other committees or sub-committees as may be constituted under sub-section (1) of section 46-. (3) The functional directors in national co-operative societies shall also be members of the board. (4) Where the Central Government has subscribed to the extent of more than one-half of the share capital of a national.....
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 Chapter VII
Title: Properties and Funds of Multi-state Co-operative Societies
State: Central
Year: 2002
.....Act, 1970(5 of 1970) or a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980(40 of 1980). Section 65 - Restriction on contribution No multi-State co-operative society shall make a contribution, either in money or in kind, whether directly or indirectly, to an institution which has an object of furtherance of the interest of a political party. Section 66 - Restriction on loans (1) A multi-State co-operative society, other than a co-operative bank, shall not make a loan to a member on the security of his share or on the security of a non-member. (2) Notwithstanding anything contained in sub-section (1), a multi-State co-operative society may make a loan to a depositor on the security of his deposit. Section 67 - Restrictions on borrowing (1) A multi-State co-operative society may receive deposits, raise loans and receive grams from external sources to such extent and under such conditions as may be specified in the bye-laws: Provided that the total amount of deposits and loans received during any financial year shall not exceed ten times of the sum of subscribed share capital and.....
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
.....to have been accepted for registration and the Central Registrar shall issue registration certificate in accordance with the provisions of this Act. Section 12 - When amendment of bye-laws comes into force An amendment of the bye-laws of a multi-State 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 13 - Change of name (1) A multi-State co-operative society may, by an amendment of its bye-laws, change its name but such change shall not affect any right or obligation of the multi-State co-operative society or of any of its members or past members, and any legal proceedings which might have been continued or commenced by or against the multi-State co-operative society by its former name, may be continued or commenced by or against its new name. (2) Where a multi-State co-operative society changes its name, the Central Registrar shall enter the new name on the register of multi-State co-operative society in place of the former name and shall amend the certificate of registration accordingly. Section 14 - Change of address Every multi-State co-operative.....
View Complete Act List Judgments citing this sectionMulti State Co-operative Societies Act, 1984 [Repealed] Chapter VI
Title: Properties and Funds of Multi-state Co-operative Societies
State: Central
Year: 1984
.....conditions as may be specified in the bye-laws: Provided that a co-operative bank shall be governed by the provisions of the Banking Regulation Act, 1949. Section 65 - Restrictions on another transactions with non-members Save as provided insections63 and 64-, the transaction of a multi-State co-operative society with any person other than a member shall be subject to such prohibitions and restrictions, if any, as may be prescribed. Section 66 - Contributory provident fund (1) A multi-State co-operative society having such number or class of employees as maybe prescribed may establish a contributory provident fund for the benefit of such employees to which shall be credited all contributions made by the employees and the society in accordance with the bye-laws of the society. (2) Monies standing to the credit of any contributory provident fund established by a multi-State co-operative society under sub-section (1) shall not- (a) Be used in the business of the society; (b) Form part of the assets of the society; (c) Be liable to attachment or be subject to any other process of any court or other authority. (3) Notwithstanding anything contained in this.....
View Complete Act List Judgments citing this sectionKarnataka Co-operative Societies Act, 1959 Chapter VI
Title: State Aid to Co-operative Societies
State: Karnataka
Year: 1959
.....as provided in sub-section (3), the State Government shall notbe entitled to any other return on the moneys provided by it to an apex society under section 42. Section 50 - Disposal of 'Principal State Partnership Fund' and 'Subsidiary State Partnership Fund' on winding up of an apex or a central society (1) If an apex society which has established a 'Principal State Partnership Fund' is wound up or is dissolved, all moneys to the credit of, or payable to, that Fund shall be paid to the State Government. (2) If a central society which has established a 'Subsidiary StatePartnership Fund' is wound up or is dissolved all moneys, to the credit of, or payable to, that Fund shall be paid and credited to the 'Principal State Partnership Fund' from which it received moneys under clause (b) of subsection (2) of section 43. Section 51 - Principal State Partnership Fund and Subsidiary State Partnership Fund not to form part of assets Any amount to the credit of a 'Principal State Partnership Fund' or a 'Subsidiary State Partnership Fund' shall not form part of the assets of the apex society or the central society, as the case may be. Section 52 - Agreement by State Government.....
View Complete Act List Judgments citing this sectionKarnataka Co-operative Societies Act, 1959 Chapter VII
Title: Properties and Funds of Co-operative Societies
State: Karnataka
Year: 1959
..... (e) donations of amounts not exceeding ten per cent of the net profitsfor any charitable purpose as defined in section 2 of Charitable Endowments Act, 1890 (Central Act VI of 1890); and (f) payment of bonus to employees of the society, to the extent andin the manner specified in the bye-laws: Provided that the bonus payable in any year to any employee shall not exceed two months' pay. 1 [(4) A co-operative society may pay dividend to its members from out of the balance of net profits available after making deductions as provided for under sub-sections (2), (2A) and (3) and the bye-laws of the society.] ________________________ 1. Inserted by Act 40 of 1964 w.e.f. 26.6.1965 & substituted by Act 25 of 1998 w.e.f.15.8.1998. 2. Inserted by Act 40 of 1964 w.e.f. 26.6.1965 & omitted by Act 25 of 1998 w.e.f. 15.8.1998. 3. Omitted by Act 40 of 1964 w.e.f. 26.6.1965. Section 58 - Investment of funds A co-operative society may invest or deposit its funds,-- (a) in a Government Savings Bank; or (b) in any of the securities specified in section 20 of the Indian TrustsAct, 1882 (Central Act II of 1882); or (c) in the shares or securities of any other.....
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. .....
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