Section 1 |
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Short title, extent and commencement.
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Section 2 |
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Application.
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Section 3 |
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Definitions.
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Section 4 |
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Central Registrar.
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Section 5 |
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Multi‑State co‑operative societies which may be registered.
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Section 6 |
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Application for registration.
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Section 7 |
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Registration.
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Section 8 |
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Registration certificate.
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Section 9 |
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Multi‑State co‑operative society to be body corporate.
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Section 10 |
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Bye‑laws of multi‑State co‑operative societies.
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Section 11 |
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Amendment of bye‑laws of a multi‑State co‑operative society.
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Section 12 |
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When amendment of bye‑laws comes into force.
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Section 13 |
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Change of name.
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Section 14 |
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Change of address.
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Section 15 |
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Publication of name by multi‑State co‑operative society.
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Section 16 |
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Liability.
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Section 17 |
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Amalgamation or transfer of assets and liabilities, or division of multi-State co‑operative societies.
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Section 18 |
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Central Registrar to prepare scheme of amalgamation or reorganisation of a co‑operative bank in certain cases.
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Section 19 |
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Promotion of subsidiary institution.
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Section 20 |
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Liability of a co‑operative bank to Deposit Insurance and Credit Guarantee Corporation.
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Section 21 |
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Cancellation of registration certificate of multi‑State co‑operative societies in certain cases.
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Section 22 |
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Conversion of a co‑operative society into a multi‑State co‑operative society.
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Section 23 |
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Registration of federal co‑operative.
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Section 24 |
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Functions of federal co‑operative.
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Section 25 |
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Persons who may become members.
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Section 26 |
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Nominal or associate member of society.
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Section 27 |
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Educational course for members.
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Section 28 |
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Members not to exercise rights till due payment made.
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Section 29 |
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Disqualification for member of a multi‑State co‑operative society.
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Section 30 |
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Expulsion of members.
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Section 31 |
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Vote of members.
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Section 32 |
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Manner of exercising vote.
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Section 33 |
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Restriction on holding of shares.
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Section 34 |
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Restriction on transfer of shares or interest.
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Section 35 |
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Redemption of shares.
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Section 36 |
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Transfer of interest on death of members.
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Section 37 |
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Liabilities of past member and estate of deceased member.
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Section 38 |
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Constitution, powers and functions of general body.
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Section 39 |
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Annual general meeting of general body.
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Section 40 |
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Special general meeting of general body.
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Section 41 |
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Board of directors.
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Section 42 |
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Association of employees in management decision making process.
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Section 43 |
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Disqualifications for being a member of board.
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Section 44 |
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Prohibition to hold office of chairperson or president or vice‑chairperson or vice‑president in certain cases.
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Section 45 |
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Elections of members of board.
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Section 46 |
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Holding of office in co‑operative society.
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Section 47 |
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Removal of elected members by general body.
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Section 48 |
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Nominee of Central Government or State Government on board.
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Section 49 |
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Powers and functions of board.
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Section 50 |
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Meeting of board.
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Section 51 |
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Chief Executive.
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Section 52 |
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Powers and functions of Chief Executive.
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Section 53 |
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Committees of board.
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Section 54 |
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Securing possession of records, etc.
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Section 55 |
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Charge and set‑off in respect of share or contribution or interest of members.
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Section 56 |
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Share or contribution or interest not liable to attachment.
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Section 57 |
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Register of members.
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Section 58 |
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Admissibility of copy of entry as evidence.
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Section 59 |
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Exemption from compulsory registration of instruments.
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Section 60 |
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Deduction from salary to meet multi‑State co‑operative society’s claim in certain cases.
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Section 61 |
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Government aid to multi‑State co‑operative societies.
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Section 62 |
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Funds not to be divided by way of profit.
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Section 63 |
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Disposal of net profits.
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Section 64 |
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Investment of funds.
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Section 65 |
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Restriction on contribution.
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Section 66 |
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Restriction on loans.
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Section 67 |
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Restrictions on borrowing.
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Section 68 |
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Restriction on other transactions with non‑members.
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Section 69 |
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Contributory provident fund.
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Section 70 |
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Appointment and remuneration of auditors.
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Section 71 |
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Provision as to resolutions for appointing or removing auditors.
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Section 72 |
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Qualifications and disqualifications of auditors.
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Section 73 |
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Powers and duties of auditors.
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Section 74 |
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Signature of audit report, etc.
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Section 75 |
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Reading and inspection of auditor’s report.
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Section 76 |
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Right of auditor to attend general meeting.
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Section 77 |
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Power of Central Government to direct special audit in certain cases.
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Section 78 |
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Inquiry by Central Registrar.
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Section 79 |
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Inspection of multi‑State co‑operative societies.
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Section 80 |
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Inspection of books of indebted multi‑State co‑operative societies
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Section 81 |
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Costs of inquiry and inspection.
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Section 82 |
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Recovery of costs.
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Section 83 |
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Repayment, etc.
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Section 84 |
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Reference of disputes.
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Section 85 |
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Limitation.
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Section 86 |
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Winding up of multi‑State co‑operative societies.
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Section 87 |
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Winding up of co‑operative bank at the direction of Reserve Bank.
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Section 88 |
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Reimbursement to the Deposit Insurance Corporation by liquidator.
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Section 89 |
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Liquidator.
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Section 90 |
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Powers of liquidator.
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Section 91 |
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Disposal of surplus assets.
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Section 92 |
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Priority of contributions assessed by liquidator.
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Section 94 |
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Execution of decisions, etc.
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Section 95 |
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Execution of orders of liquidators.
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Section 96 |
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Attachment before award.
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Section 97 |
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Central Registrar or arbitrator or person authorised to be civil court for certain purposes.
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Section 98 |
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Recovery of sums due to Government.
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Section 99 |
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Appeals.
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Section 100 |
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No appeal in certain cases.
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Section 101 |
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Review.
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Section 102 |
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Interlocutory orders.
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Section 103 |
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Co‑operative societies functioning immediately before reorganisation of States.
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Section 104 |
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Offences and penalties.
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Section 105 |
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Cognizance of offences.
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Section 106 |
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Copies of bye‑laws, etc., to be open to inspection.
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Section 107 |
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Place of keeping and inspection of registers and returns.
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Section 108 |
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Inspection of books of account, etc., of multi‑State co‑operative society
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Section 109 |
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Annual accounts and balance‑sheet.
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Section 110 |
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Minutes of proceedings of general meetings and of board and other meetings.
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Section 111 |
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Minutes to be evidence.
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Section 112 |
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Presumptions to be drawn where minutes duly drawn and signed.
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Section 113 |
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Inspection of minutes book of general meetings.
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Section 114 |
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Liquidator to be public servant.
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Section 115 |
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Notice necessary in suits.
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Section 116 |
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Power to amend Second Schedule.
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Section 117 |
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Bar of jurisdiction of courts.
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Section 118 |
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Indemnity.
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Section 119 |
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Opening of branches.
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Section 120 |
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Filing of returns.
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Section 121 |
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Certain Acts not to apply.
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Section 122 |
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Central Government’s power to give directions to specified multi‑State co‑operative societies in public interest.
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Section 123 |
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Supersession of board of specified multi‑State co‑operative society.
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Section 124 |
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Power to make rules.
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Section 125 |
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Power to remove difficulties.
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Section 126 |
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Repeal and saving.
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FIRST SCHEDULE |
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CO‑OPERATIVE PRINCIPLES
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SECOND SCHEDULE |
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LIST OF NATIONAL CO‑OPERATIVE SOCIETIES
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