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Co-operative Societies Act, 1912 Section 19

Title: Prior Claim of Society

State: Central

Year: 1912

Subjectto any prior claim of the 1 [Government] in respectof land-revenue or any money recoverable as land-revenue or of a landlord inrespect of rent or any money recoverable as rent, a registered society shall beentitled in priority to other creditors to enforceoutstanding demand due to the society from a member or pastmember-- (a) in respect of the supplyof seed or manure or of the loan of money for the purchase of seed ormanure--upon the crops or other agricultural produce ofsuch member or person at any time within eighteen monthsfrom the date of such supply or loan; (b) in respect of the supplyof cattle, fodder for cattle, agricultural or industrial implements ormachinery, or raw materials for manufacture, or of the loan of money for the purchase ofany of the foregoing things upon any such things so supplied, or purchased inwhole or in part from any such loan, or any articles manufactured from rawmaterials so supplied or purchased. _____________________ 1.Substituted by the A.O. 1950, for "Crown".

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Co Operative Societies Act, 1912 Complete Act

State: Central

Year: 1912

.....law relating to Co-operative Societies. It is hereby enacted as follows: CHAPTER 01: PRELIMINARY SECTION 01: SHORT TITLE AND EXTENT (1) This Act may be called The Co-operative Societies Act, 1912; and (2) It extends to2[the whole of India except3[the territories which immediately before the 1st November, 1956, were comprised in Part B States.].] SECTION 02: DEFINITIONS - In this Act, unless there is anything repugnant in the subject or context,- (a) "bye-laws" means the registered by-laws for the time being in force, and includes a registered amendment of the bye-laws; (b) "committee"- means the governing body of a registered society to whom the management of its affairs is entrusted; (c) "member" includes a person joining in the application for the registration of a society and a person admitted to membership after registration in accordance with the by-laws and any rules; (d) "officer" includes a chairman, secretary, treasurer, member of committee, or other person empowered under the rules or the by-laws to give directions in regard to the business of the society; (e) "registered society" means a society registered or deemed to be registered under this Act; .....

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Co-operative Societies Act, 1912 Section 43

Title: Rules

State: Central

Year: 1912

..... (3) The 1 [State Government] may delegate, subject to such conditions, if any as it thinks fit, all or any of its powers to make rules under this section to any authority specified in the order of delegation. (4) The powers to make rules conferred by this section is subject to the condition of the rules being made after previous publication. (5) All rules made under this section shall be published in the 3 (official Gazette], and on such publication shall have effect as if enacted in this Act. [(6) Every rule made by the State Government under this Act shall be laid, as soon as may be after it is made, before the State Legislature.] ______________________ 1. Substituted by the A.O. 1950, for "Provincial Government". 2. Substituted by the A.O. 1950, for "Province". 3. Substituted by the A.O. 1937, for "local Official Gazette".

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Co-operative Societies Act, 1912 Complete Act

Title: Co-operative Societies Act, 1912

State: Central

Year: 1912

.....made Section13 - Votes of members Section14 - Restrictions on transfer of share or interest Section15 - Address of societies Section16 - Copy of Act, rules and by-laws to be open to inspection Section17 - Audit Section18 - Societies to be bodies corporate Section19 - Prior claim of society Section20 - Charge and set-off in respect of shares or interest of member Section21 - Share or interest not liable to attachment Section22 - Transfer of interest on death of members Section23 - Liability of past member Section24 - Liability of the estates of deceased member Section25 - Register of members Section26 - Proof of entries in societies books Section27 - Exemption from compulsory registration of instruments relating to shares and debentures of registered society Section28 - Power to exempt from income-tax, stamp-duty and registration fees Section29 - Restriction on loans Section30 - Restrictions on borrowing Section31 - Restrictions on other transactions with non-members Section32 - Investment of funds Section33 - Funds not to be divided by way of profit Section34 - Contribution to charitable purpose Section35 - Inquiry by Registrar Section36 - Inspection of.....

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