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Section 3

The Lakshadweep Co-Operative Societies Regulation, 2022Regulations · 2022

(1) For carrying out the purposes of this Regulation, the Administrator shall appoint a person to be called the Registrar of co-operative societies for the Union territory.

Registrar and officers and their powers.

4 THE GAZETTE OF INDIA EXTRAORDINARY [PART II— Societies which may be registered.

Registration with limited or unlimited liability.

Conditions of registration.

(2) To assist the Registrar in his functions under this Regulation, the Administrator may appoint such number of Additional Registrars, Joint Registrars, Deputy Registrars, Assistant Registrars and other persons with such designations as it may think fit.

(3) The Administrator may, by general or special order, confer on a person or persons appointed under sub-section (2) all or any of the powers of the Registrar under this Regulation.

(4) Every person appointed under sub-section (2) shall work under the general guidance, and the superintendence and control of the Registrar.

4. A society established for,—

(i) promotion of the economic interests or general welfare of its members, or of the public, in accordance with the co-operative principles; or

(ii) facilitating the operations of any such society, may be registered under this Regulation:

Provided that no society shall be registered if it is likely to be economically unsound, or the registration of which may have an adverse effect upon any other society, or it is opposed to, or its working is likely to be in contravention of public policy or which may have an adverse effect on development of the co-operative movement, or the registration of which may be contrary to the policy directives which the Union territory Administration may, from time to time, issue.

5. A society may be registered with limited or unlimited liability.

Where this provision sits

ActThe Lakshadweep Co-Operative Societies Regulation, 2022
Section3
StatusIn force as published by the source

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