The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015)
State Act of Meghalaya · Act 11 of 2015104 provisions
The enactment
| Long title | An Act to facilitate the formation and working of Co-operative Societies as accountable, competitive, self reliant, business enterprises based on thrift, self-help and mutual aid and owned, managed and controlled by members for their economic and social betterment and in accordance with the relevant Directive Principles of State Policy of the Constitution of India and for matters connected therewith and incidental thereto. |
|---|---|
| Type | Act |
| Citation | Act 11 of 2015 |
| Year | 2015 |
| Jurisdiction | State of Meghalaya |
| Ministry | Meghalaya Law Department |
| Status | In force as published by the source |
| Provisions published | 104 |
| Subjects | agriculture |
Full text, provision by provision
Every provision below opens in full, free and without an account.
- Section 1 Short title,extent and commencement
- Section 2 Definitions
- Section 3 The Registrar.
- Section 4 Co-operative Societies which may be registered.
- Section 5 Age, qualification of a member.
- Section 6 Conditions of registration.
- Section 7 Restrictions on acquisition of Share in a Cooperative Society.
- Section 8 Power of Registrar to decide certain questions.
- Section 9 Liability.
- Section 10 Application for Registration.
- Section 11 Registration
- Section 12 Evidence of registration.
- Section 13 Amendment of the Bye-laws of a registered cooperative society.
- Section 14 Power of Registrar or affiliating cooperative society to direct amendment of bye-laws or adoption of rules of procedure.
- Section 15 Division and amalgamation of co-operative societies.
- Section 16 Members not to exercise rights till due payment made and conditions fulfilled
- Section 17 Vote of members.
- Section 18 Loan to be utilized for the purpose for which advanced.
- Section 19 Restriction on transfer of share or interest.
- Section 20 Liability of past member and his estate.
- Section 21 Share or interest not liable to attachment.
- Section 22 Nomination of transferee
- Section 23 Transfer of interest on death of members.
- Section 24 Disposal of Shares or interest of ceased members.
- Section 25 Liability of members on winding up of Co-operative Society with limited Liability.
- Section 26 Restriction on Transfer of Possession of Land held Under a Cooperative Society.
- Section 27 Right of a registered Cooperative Society to pay prior Debts of a mortgagor.
- Section 28 Restriction on Mortgaged Property.
- Section 29 Bar to certain claim.
- Section 30 General Assembly
- Section 31 Annual Meeting of General Assembly
- Section 32 Special Meeting of the General Assembly
- Section 33 Administrative Council
- Section 34 Power to depute Government servant to manage the affairs of a Cooperative Society.
- Section 35 Dissolution or reconstruction of Board of Directors , the Administrative Council, Managing Body or any Committee of a Co-operative Society.
- Section 36 Dissolution of the Board of Directors / Administrative Council, Managing Body and appointment of persons to manage the affairs of a Cooperative Society.
- Section 37 Tenure of office of the person appointed under section 36.
- Section 38 Powers of person appointed under section 36.
- Section 39 Address of Cooperative society
- Section 40 Prescription and inspection of documents.
- Section 41 Borrowing subject to approval of the Registrar.
- Section 42 Participation of members in the affairs of the Cooperative Society.
- Section 43 Training or Education of members of Cooperative Society.
- Section 44 Power of Government to give financial assistance.
- Section 45 Restrictions on loans
- Section 46 Cooperative Society and office bearers to submit Returns or informations and produce documents
- Section 47 Prior Claim of a Cooperative Society
- Section 48 Charge and set off in respect of shares or interest of members.
- Section 49 Deduction of dues from salary.
- Section 50 Exemption from compulsory registration and personal attendance from registration of instruments.
- Section 51 Power to remit certain duties, fees etc.
- Section 52 Investment of Funds
- Section 53 Reserve Fund
- Section 54 Distribution of Net Profit
- Section 55 Audit of Accounts of Cooperative societies.
- Section 56 Power of the Registrar to have the Accounts written up.
- Section 57 Nature of Audit.
- Section 58 Audit Report
- Section 59 Audit report
- Section 60 Rectification of defects.
- Section 61 Inquiry by Registrar.
- Section 62 Inspection of a Cooperative Society.
- Section 63 Cost of Inquiry, Inspection and Recovery of costs.
- Section 64 Reference of dispute.
- Section 65 Settlement of dispute
- Section 66 Cancellation of Registration
- Section 67 Winding up
- Section 68 Distribution of fund of a dissolved Cooperative Society.
- Section 69 Liquidator to deposit the books and submit a final report.
- Section 70 Bar of Suit
- Section 71 Insured Cooperative Banks.
- Section 72 Power of Registrar to direct payment of dues.
- Section 73 Charge and surcharge
- Section 74 Prohibition of the use of the word “Co operative”.
- Section 75 Punishment for false return , false information, disobeying summons order etc.
- Section 76 Punishment for disposing property in contravention of section 47.
- Section 77 Penalty for certain misdemeanors.
- Section 78 Power to enforce performance of obligation.
- Section 79 Cognizance of offences.
- Section 80 Indemnity
- Section 81 Bar to Jurisdiction of courts.
- Section 82 Appeal or review.
- Section 83 Power of Attachment of property.
- Section 84 Registrar to be Civil Court for certain purposes.
- Section 85 Recovery of sums due.
- Section 86 Registrar may order a meeting of Creditors.
- Section 87-110 Applicable To Short Term Co-Operative Credit Structure
- Section 111 Co-operative Society to fee a body Corporate.
- Section 112 Register of members*
- Section 113 Entries in books of registered co-operative society shall be received as prima facie evidence.
- Section 114 Savings of Existing Cooperative Societies.
- Section 115 Construction of reference to Act II of 1912.
- Section 116 Act VII o f 1913 not to apply.
- Section 117 Acts of co-operative societies etc, not to be invalidated by certain defects.
- Section 118 Power to exempt co-operative societies from provision of the Act.
- Section 119 Rules and bye laws not to be deemed to go beyond the Act.
- Section 120 Power to exempt co-operative societies from conditions as to registration.
- Section 121 Power to order recoupment of expenditures.
- Section 122 Power to seize records of co-operative society.
- Section 123 Power of the Managing body of an affiliating co-operative society to enquire into the affairs of a member cooperative society.
- Section 124 Limitation.
- Section 125 Power to exempt cooperative societies from the operation of the Money Lender Act.
- Section 126 Powers to make rules.
- Section 127 Repeal and Savings
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Meghalaya Co-operative Societies Act, 2015 (Act No. 11 of 2015) is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.