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The Co-operative Societies Act, 1912
Act ID: 1912
The Co-operative Societies Act, 1912
"An Act to amend the Law relating to Co-operative Societies"
Table of Contents
50 Sections
Ch.
Sections
S.1
Short title and extent
S.2
Definitions
S.3
The Registrar
S.4
Societies which may be registered
S.5
Restrictions on interest of member of society with limited liability and a share capital
S.6
Conditions of registration
S.7
Power of Registrar to decide certain questions
S.8
Application for registration
S.9
Registration
S.10
Evidence of registration
S.11
Amendment of the by-laws of a registered society
S.12
Member not to exercise rights till due payment made
S.13
Votes of members
S.14
Restrictions on transfer of share or interest
S.15
Address of societies
S.16
Copy of Act, rules and by-laws to be open to inspection
S.17
Audit
S.18
Societies to be bodies corporate
S.19
Prior claim of society
S.20
Charge and set-off in respect of shares or interest of member
S.21
Shares or interest not liable to attachment
S.22
Transfer of interest on death of member
S.23
Liability of past member
S.24
Liability of the estates of deceased members
S.25
Register of members
S.26
Proof of entries in societies’ books
S.27
Exemption from compulsory registration of instruments relating to shares and debentures of registered society
S.28
Power to exempt from income-tax, stamp-duty and registration fees
S.29
Restrictions on loans
S.30
Restrictions on borrowing
S.31
Restrictions on other transactions with non-members
S.32
Investment of funds
S.33
Funds not to be divided by way of profit
S.34
Contribution to charitable purpose
S.35
Inquiry by Registrar
S.36
Inspection of books of indebted society
S.37
Costs of inquiry
S.38
Recovery of costs
S.39
Dissolution
S.40
Cancellation of registration of society
S.41
Effect of cancellation of registration
S.42
Winding-up
S.43
Rules
S.44
Recovery of sums due to Government
S.45
Power to exempt societies from conditions as to registration
S.46
Power to exempt registered societies from provisions of the Act
S.47
Prohibition of the use of the word “co-operative”
S.48
Indian Companies Act, 1882, not to apply
S.49
Saving of existing societies
S.50
[Repealed.]
The Co-operative Societies Act, 1912
Act ID: 1912
The Co-operative Societies Act, 1912
"An Act to amend the Law relating to Co-operative Societies"
Table of Contents
50 Sections
Ch.
Sections
S.1
Short title and extent
S.2
Definitions
S.3
The Registrar
S.4
Societies which may be registered
S.5
Restrictions on interest of member of society with limited liability and a share capital
S.6
Conditions of registration
S.7
Power of Registrar to decide certain questions
S.8
Application for registration
S.9
Registration
S.10
Evidence of registration
S.11
Amendment of the by-laws of a registered society
S.12
Member not to exercise rights till due payment made
S.13
Votes of members
S.14
Restrictions on transfer of share or interest
S.15
Address of societies
S.16
Copy of Act, rules and by-laws to be open to inspection
S.17
Audit
S.18
Societies to be bodies corporate
S.19
Prior claim of society
S.20
Charge and set-off in respect of shares or interest of member
S.21
Shares or interest not liable to attachment
S.22
Transfer of interest on death of member
S.23
Liability of past member
S.24
Liability of the estates of deceased members
S.25
Register of members
S.26
Proof of entries in societies’ books
S.27
Exemption from compulsory registration of instruments relating to shares and debentures of registered society
S.28
Power to exempt from income-tax, stamp-duty and registration fees
S.29
Restrictions on loans
S.30
Restrictions on borrowing
S.31
Restrictions on other transactions with non-members
S.32
Investment of funds
S.33
Funds not to be divided by way of profit
S.34
Contribution to charitable purpose
S.35
Inquiry by Registrar
S.36
Inspection of books of indebted society
S.37
Costs of inquiry
S.38
Recovery of costs
S.39
Dissolution
S.40
Cancellation of registration of society
S.41
Effect of cancellation of registration
S.42
Winding-up
S.43
Rules
S.44
Recovery of sums due to Government
S.45
Power to exempt societies from conditions as to registration
S.46
Power to exempt registered societies from provisions of the Act
S.47
Prohibition of the use of the word “co-operative”
S.48
Indian Companies Act, 1882, not to apply
S.49
Saving of existing societies
S.50
[Repealed.]