The Co-operative Societies Act, 1912
Central Act · Act 2 of 191248 provisions
The enactment
| Long title | An Act to amend the Law relating to Co-operative Societies |
|---|---|
| Type | Act |
| Citation | Act 2 of 1912 |
| Year | 1912 |
| Jurisdiction | Central |
| Ministry | Ministry of Cooperation |
| Status | In force as published by the source |
| Provisions published | 48 |
| Subjects | agriculture |
Full text, provision by provision
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- Section 1 Short title and extent.
- Section 2 Definitions.
- Section 3 The Registrar.
- Section 4 Societies which may be registered.
- Section 5 Restrictions on interest of member of society with limited liability and a share capital.
- Section 6 Conditions of registration.
- Section 7 Power of Registrar to decide certain questions.
- Section 8 Application for registration.
- Section 9 Registration.
- Section 10 Evidence of registration.
- Section 11 Amendment of the by-laws of a registered society.
- Section 12 Member not to exercise rights till due payment made.
- Section 13 Votes of members.
- Section 14 Restrictions on transfer of share or interest.
- Section 15 Address of societies.
- Section 16 Copy of Act, rules and by-laws to be open to inspection.
- Section 17 Audit.
- Section 18 Societies to be bodies corporate.
- Section 19 Prior claim of society.
- Section 20 Charge and set-off in respect of shares or interest of member.
- Section 21 Shares or interest not liable to attachment.
- Section 22 Transfer of interest on death of member.
- Section 23 Liability of past member.
- Section 24 Liability of the estates of deceased members.
- Section 25 Register of members.
- Section 26 Proof of entries in societies’ books.
- Section 27 Exemption from compulsory registration of instruments relating to shares and debentures of registered society.
- Section 28 Power to exempt from income-tax, stamp-duty and registration fees.
- Section 29 Restrictions on loans.
- Section 31 Restrictions on other transactions with non-members.
- Section 32 Investment of funds.
- Section 33 Funds not to be divided by way of profit.
- Section 34 Contribution to charitable purpose.
- Section 35 Inquiry by Registrar.
- Section 36 Inspection of books of indebted society.
- Section 37 Costs of inquiry.
- Section 38 Recovery of costs.
- Section 39 Dissolution.
- Section 40 Cancellation of registration of society.
- Section 41 Effect of cancellation of registration.
- Section 42 Winding-up.
- Section 43 Rules.
- Section 44 Recovery of sums due to Government.
- Section 45 Power to exempt societies from conditions as to registration.
- Section 46 Power to exempt registered societies from provisions of the Act.
- Section 47 Prohibition of the use of the word “co-operative”.
- Section 48 Indian Companies Act, 1882, not to apply.
- Section 49 Saving of existing societies.
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