In this Regulation, unless the context otherwise require.
a. “bye-laws” means the registered bye, laws for the time being in force and includes registered amendments of such bye-laws;
b. “Chief Commissioner” means the Chief Commissioner of the Union territory of the Andaman and Nicobar Islands;
c. “committee” means the governing body of a co-operative society, by whatever name called, to which the management of the affairs of the society is entrusted;
d. “co-operative society” means a society registered or deemed to be registered under this Regulation;
e. “co-operative society with limited liability” means a co-operative society in which the liability of its members, for the debts of the society in the event of its being wound up, is limited by its bye-laws
(i) to the amount, if any, unpaid on the shares respectively held by them; or
(ii) to such amount as they may, respectively, undertake to contribute to the assets of the society:
f. “co-operative society with unlimited liability” means a co-operative society, the members of which are, in the event of its being wound up.
Jointly and severally liable for and in respect of all its obligations and to contribute to any deficit in the assets of the society:
g. “credit agency” means a co-operative society which has as its principal object the lending of money to other co-operative societies and includes-
(i) a banking company as defined in section 5 of the Banking Regulation Act. 1940: 10 of 1940.
(ii) the state Bank of India constituted under section 3 of the State Bank of India Act.1955:23 of 1955.
(iii) a subsidiary bank as defined in section 2 of the State Banking India (Subsidiary Banks) Act 1959:38 of 1959.
3 Registrar of Co-operative Societies, Co-operative Department, A&N Islands, VIP Road, Junglighat, Port Blair, PIN-744103 (Contact No.03192232388), 2019.
(iv) the Agricultural Refinance Corporation established under section 3 of the Agricultural Refinance Corporation Act.1963: 10 of
1963.and
(v) a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and transfer of Undertakings) Act, 1970:5 of 1970 h. “Government “means the Central Government;
i. “member” means a person joining in the application for the registration of a co-operative society and a person admitted to membership after such registration accordance with this Regulation, the rules and the bye-laws, and includes a nominal or an associate member and the Government when it subscribes to the share capital of a society;
j. “nominal or associate member “ means a member who possesses only such privileges and rights of a member and who is subject only to such liabilities of a member as may be specified in the bye-laws;
k. “officer” includes a president, vice-president, chairman, vice chairman, managing director, secretary, manager, member of a committee, treasurer, liquidator , administrator and any other person empowered under the rules or bye-laws to give directions in regard to the business of a co-operative society;
l. “Official Gazette” means the Andaman and Nicobar Gazette;
m. “prescribed” means prescribed by rules made under this Regulation;
n. “producers society” means a society formed with the object of producing and disposing of goods and commodities as a collective property of its members, and includes a society formed with the object of the collective disposal of the labour of its members;
o. “Registrar” means a person appointed to perform the duties of a Registrar of Co-operative Societies under the Regulation, and includes any person appointed to assist the Registrar when exercising a or any of the powers of the Registrar under sub-section (2) of section 3;
p. “rules” means the rules made under this Regulation;
q. “Union territory” means the Union territory of the Andaman and Nicobar Islands.
CHAPTER II REGISTRATION OF CO-OPERATIVE SOCIETIES
3. Registrar- (1) The Chief Commissioner may appoint a person to be the Registrar of Co-operative Societies for the Union territory and may appoint other persons to assist him.
4 Registrar of Co-operative Societies, Co-operative Department, A&N Islands, VIP Road, Junglighat, Port Blair, PIN-744103 (Contact No.03192232388), 2019.
(2) The Chief Commissioner may, by general or special order, confer on any person appointed to assist the Registrar all or any of the powers of the Registrar under this Regulation.
(3) Every person appointed to assist the Registrar shall exercise the powers conferred on him under sub-section (2), subject to the general superintendence direction and control of the Registrar.