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Start Free TrialVice-presidents Pension Act, 1997 Section 1
Title: Short Title
State: Central
Year: 1997
This Act may be called the Vice-President's Pension Act, 1997.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 54
Title: Board of the Federal Co--operative
State: Karnataka
Year: 1997
(1) The Board shall be responsible to manage the affairs of the Federal Co--operative. (2) The Board, except the first Board of the Federal Co--operative, shall consist of one representative from every revenue district in the State. If there are no Co--operatives registered in any district under this Act or there are no eligible persons to be elected as directors, no representation shall be given to such district. (3) The term of the Board of the Federal Co--operative shall be five years from the date of assuming office. (4) The Chief Executive shall be the ex--officio director of the Board and shall not have right to vote in the election of office bearers.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 71
Title: Power to Make Rules
State: Karnataka
Year: 1997
(1) The Government may, by notification and after previous publication in the Official Gazette, make rules to carry out the purposes of this Act. (2) Every rule made under this Act shall as soon as may be after it is made be laid before each house of the State legislature while it is in session for a total period of thirty days which may be comprised in one session or in two or more successive sessions and if before the expiry of the sessions in which it is so laid or the sessions immediately following both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be, so however that any modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 70
Title: Power to Remove Difficulties
State: Karnataka
Year: 1997
If any difficulty arises in giving effect to the provisions of this Act, the Government may, by notification and after publication in the Official Gazette, make such provisions as appear to it to be necessary or expedient to remove the difficulty.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 69
Title: Cognizance of Offence
State: Karnataka
Year: 1997
No court inferior to that of a Magistrate of the First Class shall try any offence under this Act.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 67
Title: Co--operative Principles
State: Karnataka
Year: 1997
.....the Co--operative possibly by setting up reserves part of which atleast would be indivisible, benefitting members in proportion to their transactions with the Co--operative, and supporting other activities approved by the membership. (4) Co--operatives are autonomous, self--help organisations controlled by their members. If they enter into agreements with other organisations including Government or raise capital from external sources, they do so on terms that ensure democratic control by their members and maintain their Co--operative autonomy. (5) Co--operatives provide education and training for their members, elected representatives, managers, and employees so they can contribute effectively to the development of their Co--operatives. They inform the general public particularly young people and leaders about the nature and benefits of co--operation. (6) Co--operatives serve their members most effectively and strengthen the Co--operative movement by working together through local, regional, national and international structures. (7) While focusing on member needs, Co--operatives work for the sustainable development of their communities through policies accepted by.....
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 66
Title: Action on Inquiry Report
State: Karnataka
Year: 1997
Where the inquiry report reveals mismanagement on the part of any or all of the office bearers or directors or officers and employees of the Federal Co--operative, the Registrar may without prejudice to any civil or criminal proceedings to which they may be liable, direct the board to convene a general meeting within such reasonable time as he may specify, to discuss the findings of the inquiry report and for initiating necessary action against the concerned.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 65
Title: Inquiry
State: Karnataka
Year: 1997
.....in writing he may issue a shorter notice. (3) The inquiry shall be completed as far as may be within a period of six months from the date of order of the inquiry. However, such period may be extended by six months under extraordinary circumstances. (4) The Registrar shall, within a period of one month from the date of conclusion of the inquiry, send a copy of the inquiry report to the Federal Co--operative and to the applicant. (5) For the purpose of inquiry under this Act, the Registrar,-- (a) may require in writing the President or Chairperson, Vice--President or Vice--Chairperson, or any Director, office bearer or officer or any other authority concerned to produce such receipts, vouchers, statements, returns, correspondences, notice or any other documents as he may consider necessary for the purpose of inquiry; (b) shall, at all times, have free access to the books, accounts, documents, securities, cash and other properties belonging to or in the custody of the Federal Co--operative and may summon any person in possession or responsible for the custody of any other properties to produce the same at any public office or at the head quarters of the Federal.....
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 64
Title: Audit
State: Karnataka
Year: 1997
The accounts of the Federal Co--operative shall be audited every year by an auditor or a Chartered Accountant appointed by the Federal Co--operative.
View Complete Act List Judgments citing this sectionKarnataka Souharda Sahakari Act, 1997 Section 63
Title: Accounts
State: Karnataka
Year: 1997
The Federal Co--operative shall maintain the following records and books of accounts, namely:-- (a) the minutes book; (b) registration certificate and a copy of the registered bye--laws and of the amendments registered from time to time; (c) bye--laws of the Federal Co--operative and of each of its member Co--operatives with upto date amendments; (d) accounts of all sums of money received and expended by the Federal Co--operative and the respective purposes; (e) accounts of all purchases and sales of goods by the Federal Co--operative; (f) accounts of the assets and liabilities of the member Co--operatives and the Federal Co--operative; (g) a register showing total membership and the memberwise use of various services; (h) a list of members with voting rights for the current year updated within thirty days of closure of the year; (i) up--to--date copies of the Board resolutions; and (j) annual report and audit report.
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