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Home Dictionary Name: coCo-operative society
Co-operative society, means a co-operative society registered under the Co-operative Societies act, 1912, or under any other law for the time being in force in any State for the registration ofco-operative societies. [Wealth-tax Act, 1957(27 of 1957), s. 2 (ha)]Means a society registered or deemed to be registered under any law relating to co-operative societies for the time being in force in any State. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3 (h)]Means a society registered or deemed to be registered under the Co-operative Societies Act, 1912, or any other law for the time being in force in any State relating to co-operating societies. [Payment of Bonus Act, 1965 (21 of 1965), s. 2 (10)]The expression 'co-operative society' in cl. 2 of the scheme meant only a consumers co-operative society and no other, Sarkari Sasta Anaj Vikreta Sangh v. State of Madhya Pradesh, (1981) 4 SCC 471: AIR 1981 SC 2030 (2035). [Madhya Pradesh Foodstuffs Civil Supply Distribution Sche...
Co-operative year
Co-operative year, A co-operative year means the year commencing the first day of July and ending on June 30, of next following, Ziley Singh v. Registrar, Cane Co-operative Societies, (1972) 3 SCR 149: (1972) 1 SCC 719 (723): AIR 1972 SC 758. (U.P. Co-operative Societies Act, 1965)In relation to any multi-State co-operative society or class of such societies, means the year ending on the 31st day of March of the year and where the accounts of such society or class of such societies are, with the previous sanction of the Central Registrar, balanced on any other day, the year ending on such day. [The Multi-State Co-operative Societies Act, 2002 (37 of 2002), s. 3 (i)]...
Co-ownership and partnership
Co-ownership and partnership, the main differ-ences between co-ownership and co-partnership is that co-ownership is not necessarily the result of agreement, whereas partnership is. The second difference is that co-ownership does not necessarily involve community of profit or of loss, but partnership does. A third difference is that one co-owner can without the consent of the other, transfer his interest etc., to a stranger. A partner cannot do this, Champaran Care Concern v. State of Bihar, AIR 1963 SC 1737 (1741). (Partnership Act, 1932, s. 4)...
Co-owner
Co-owner, has no land on which he could erect a homestead, has preposterous legal implication, Satwant Singh Sodhi v. State of Punjab, (1999) 3 SCC 482.Co-owner, a co-owner is as much an owner of the entire property as any sole owner of a property is, Sri Ram Pasricha v. Jagannath, (1977) 1 SCR 395: (1976) 4 SCC 184: AIR 1976 SC 2335.A co-owner is as much an owner of the entire property as any sole owner of the property is: Jurisprudentially, it is not correct to say that a co-owner of property is not its owner. He owns every part of the composite property along with others and it cannot be said that he is only a part owner or a fractional owner of the property, Kanta Goel v. B.P. Pathak, (1977) 3 SCR 412: (1977) 2 SCC 814: AIR 1977 SC 1599....
Federal co-operative
Federal co-operative, means a federation of co-operative societies registered under this Act and whose membership is available only to a co-operative society or a multi-State co-operative society. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3 (k)]...
Member co-operative
Member co-operative, means a co-operative society or a multi-State co-operative society which is member of a federal co-operative. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3(o)]...
co-maker
co-maker : one of two or more persons who sign an instrument to indicate a promise to pay a financial obligation NOTE: Any co-maker may be sued for the entire amount of the indebtedness, although a co-maker who is forced to pay more than his or her share may seek contribution from the other co-makers. ...
Multi-State co-operative society
Multi-State co-operative society, means a society registered or deemed to be registered under this Act and includes a national co-operative society and a federal co-operative. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3(p)]...
Other co-sharers
Other co-sharers, the expression 'other co-sharers' was used in the fourth clause of the said provision to ensure that no co-sharer was left out or omitted and not to deny the right to kinsfolk-co-sharers covered by the preceding clauses, Bhikha Ram v. Ram Sarup, AIR 1992 SC 207 (211): (1992) 1 SCC 319. [Punjab Pre-emption Act (1 of 1913), s. 15(1)(b) Fourthly]...
Year, co-operative
Year, co-operative, a co-operative year means year commencing the first day of July and ending on 30th June of next following, Ziley Singh v. Registrar, Cane Co-operative Societies, AIR 1972 SC 758: (1972) 1 SCC 719 (723): (1972) 3 SCR 149. [U.P. Co-operative Societies Act, 1965 (11 of 1966)]...
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