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Start Free TrialSecuritisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Section 1
Title: Short Title, Extent and Commencement
State: Central
Year: 2002
(1) This Act may be called the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 21st day of June, 2002.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 46
Title: Holding of Office in Co-operative Society
State: Central
Year: 2002
Notwithstanding anything contained in this Act, no person shall be eligible to hold, at the same time, office of a president or chairperson or vice-president or vice-chairperson on the board of more than two multi-State co-operative societies.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 5
Title: Multi-state Co-operative Societies Which May Be Registered
State: Central
Year: 2002
(1) No multi-State co-operative society shall be registered under this Act, unless,-- (a) its main objects are to serve the interests of members in more than one State; and (b) 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. (2) The word "limited" or its equivalent in any Indian language shall be suffixed to the name of every multi-State co-operative society registered under this Act with limited liability.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 9
Title: Multi-state Co-operative Society to Be Body Corporate
State: Central
Year: 2002
(1) The registration of a multi-State co-operative society shall render it a body corporate by the name under which it is registered having perpetual succession and a common seal, and with power to acquire, hold and dispose of property, both movable and immovable, enter into contract, institute and defend suits and other legal proceedings and to do all things necessary for the purpose for which it is constituted, and shall, by the said name, sue or be sued. (2) All transactions entered into in good faith prior to the registration of a multi-State co-operative society shall be deemed to be its transactions after registration for furtherance of the objects of its registration.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 12
Title: When Amendment of Bye-laws Comes into Force
State: Central
Year: 2002
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,
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 14
Title: Change of Address
State: Central
Year: 2002
Every multi-State co-operative society shall have a principal place of business and an address registered in the manner prescribed to which all notices and communications may be sent.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 15
Title: Publication of Name by Multi-state Co-society
State: Central
Year: 2002
Every multi-State co-operative society-- (a) shall paint or affix its name and the address of its registered office and keep the same painted or affixed, on the outside of every office or place in which its business is carried on, in conspicuous position, in letters easily legible; and if the characters employed therefor are not those of the language, or of one of the languages in general use in that locality, also in the characters of that language or of one of those languages; (b) shall have its name en graven in legible characters on its seal; and (c) shall have its name and the address of its registered office mentioned in legible characters in all its business letters, in all its bill heads and letter paper, and in all its notices and other official publications; and also have its name so mentioned in all bills of exchange, hundies, promissory notes, endorsements, cheques and orders for money or goods purporting to be signed by or on behalf of the multi-State cooperative society, and in all bills of parcels, invoices, receipts and letters of credit of the multi-State co-operative society.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 23
Title: Registration of Federal Co-operative
State: Central
Year: 2002
(1) Every federal co-operative shall obtain registration certificate in accordance with the provisions of this Act. (2) Every federal co-operative shall in its general meeting be represented by its member co-operative. (3) The classification of federal co-operative and other terms and conditions applicable to it shall be such as may be prescribed. (4) All provisions of this Act, applicable to a multi-State co-operative society shall, as far as may be, apply to a federal co-operative.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 26
Title: Nominal or Associate Member of Society
State: Central
Year: 2002
A multi-State co-operative society may, if provided in its bye-laws, admit a person as nominal or associate member: Provided that no such nominal or associate member shall be entitled to subscribe the shares of such society or have any interest in the management thereof including right to vote, elect as a director of the board or participate in the general body meetings.
View Complete Act List Judgments citing this sectionMulti-state Co-operative Societies Act, 2002 Section 27
Title: Educational Course for Members
State: Central
Year: 2002
(1) Every multi-State co-operative society shall organise co-operative education programmes for its members, directors and employees. (2) Every multi-State co-operative society may provide funds for such co-operative education programmes.
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