Co - Page 2 - Law Dictionary

co-

co- 1 : with : together : joint : jointly [codefendant] 2 a : associated in an action with another : fellow [co-conspirator] b : having a usually lesser share in duty or responsibility : alternate : deputy [co-counsel] ...

Co-operative bank

Co-operative bank, means a multi-State co-operative society which undertakes banking business. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3 (f)]...

Co-operative principles

Co-operative principles, means the co-operative principles specified in the First Schedule. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3 (g)]...

Defunct co-operative bank

Defunct co-operative bank, means a co-operative bank: (i) which has been prohibited from receiving fresh deposits, or (ii) which has been ordered or directed to be wound up, or (iii) which has transferred all its deposit liabilities in India to any other institution, or (iv) which has ceased to be a Co-operative Bank etc. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s. 2(ff)]...

Multi-State co-operative bank

Multi-State co-operative bank, means a Multi-State Co-operative Society which in primary co-operative bank [Banking Regulations, Act, 1949 (10 of 1949), s. 5 (cciiia)]...

Co-ordinate and subordinate

Co-ordinate and subordinate are terms often applied as a test to ascertain the doubtful meaning of clauses in an Act of Parliament. If thee be two, one of which is grammatically governed by the other, it is said to be subordinate to it; but if both are equally governed by some third clause, the two are called co-ordinate....

Multi-State co-operative society with limited liability

Multi-State co-operative society with limited liability, means a society having the liability of its members limited by its bye-laws to the amount, if any, unpaid on the shares, respectively, held by them or to such amount as they may, respectively, thereby undertake to contribute to the assets of the society, in the event of its being wound up. [Multi-State Co-operative Societies Act, 2002 (39 of 2002), s. 3 (q)]...

Co-respondent

Co-respondent, the man charged with adultery. The (English) Judicature Act, 1925, s. 177,enacts that on a petition for divorce presented by the husband or in the answer of a husband praying for divorce, the petitioner or respondent, as the case may be, shall make the alleged adulterer a co-respondent unless he is excused by the Court on special grounds from so doing. On a petition for divorce presented by the wife the Court may, if it thinks fit, direct that the person with whom the husband is alleged to have committed adultery be made a respondent.By s. 189, the husband may claim damages from any person on the ground of adultery with the wife; and the claim for damages shall, subject to the provisions of any enactment, relating to trial by jury in the court, be tried on the same principles and manner as actions for criminal conversation were tried before the commencement of the (English) Matrimonial Causes Act, 1857 (partly repealed), and the provision of that Act with reference to th...

Consumer Co-operative Society

Consumer Co-operative Society, Consumers' co-operative societies form a distinct class by themselves. Benefits and concessions granted to them ultimately benefit persons of small means and promote social justice in accordance with the directive principles. There is an intelligible differentia between the retail dealers who are nothing but traders and consumers' cooperative societies. The position would have been different if there was a monopoly created in favour of the latter. The Scheme only envisages a rule of preference, Madhya Pradesh Ration Vikreta Sangh Society v. State of Madhya Pradesh, (1981) 4 SCC 535: AIR 1981 SC 2001: (1982) 1 SCR 750....

Co-operative marketing business

Co-operative marketing business, means a business carried on by a co-operative association and consisting of or so much of larger business so carried on as consists of, the storage, preparation for marker or marketing, for the sole or primary purpose of assisting members engaged in the production in the United Kingdom of agricultural or horticultural produce for sale of agricultural or horticultural produce produced by members of the association, Agriculture Act, 1967, (UK) Halsbury's Laws of England, Vol. 1(2), para 580, p. 314....

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