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Start Free TrialCo-operative Societies Act, 1912 Section 31
Title: Restrictions on Other Transactions with Non-members
State: Central
Year: 1912
Save as provided in Secs. 29 and 30, the transactions of a registered society with persons other than members shall be subject to such prohibitions and restrictions, if any, as the1[State Government] may, by rules, prescribe. _____________________ 1. Substituted by to A.O. 1950, for the "Provincial Government".
View Complete Act List Judgments citing this sectionCo 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; .....
List Judgments citing this sectionCo-operative Societies Act, 1912 Section 17
Title: Audit
State: Central
Year: 1912
(1) The Registrar shall audit or cause to be audited by some person authorised by him by general or special order in writing in this behalf the accounts of every registered society once at least in every year. (2) The audit under sub-section (1) shall include an examination of overdue debts, if any, and a valuation of the assets and liabilities of the society. (3) The Registrar, the Collector or any person authorised by general or special order in writing in this behalf by the Registrar shall at all times have access to all the books, accounts, papers and securities of a society, and every officer of the society shall furnish such information in regard to the transactions and working of the society as the person making such inspection may require.
View Complete Act List Judgments citing this sectionCo-operative Societies Act, 1912 Section 26
Title: Proof of Entries in Societies Books
State: Central
Year: 1912
A copy of any entry in a book of a registered society regularly kept in the course of business, shall, if certified in such manner as may be prescribed by the rules, be received, in any suit or legal proceeding, as prima facie evidence of the existence of such entry, and shall be admitted as evidence of the matters, transactions and accounts therein recorded in every case where, and to the same extent as, the original entry itself is admissible.
View Complete Act List Judgments citing this sectionCo-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.....
List Judgments citing this sectionGovernment of India Act, 1912 Complete Act
State: Central
Year: 1912
.....to the Governor in Council of the presidency of Fort William in Bengal. SECTION 02: PROVISIONS AS TO THE PROVINCE OF BIHAR -The provisions of sub- section (1) of section three of the Indian Councils Act, 1909(which relate to the constitution of provincial executive councils), shall apply to the province of Bihar and Orissa in like manner as they applied to the province of the Bengal division of the presidency of Fort William. SECTION 03: CREATION OF LEGISLATIVE COUNCILS OF CHIEF COMMISSIONERS -It shall be lawful for the Governor-General in Council by proclamation to extend, subject such modifications and adaptations as he may consider necessary, the provisions of the Indian Councils Acts, 1861toIndian Councils Acts, 1909, touching the making of laws and regulations for the peace and good government of provinces under Lieutenant-Governors (including the provisions as to the constitution of Legislative Councils for such provinces and the business to be transacted therein) to any territories for the time being under a Chief Commissioner, and where such provisions have been applied to any such territories the proviso to section three of the Government of India 'Act, 1854(which.....
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