Application for Registration in credit cooperative society

An application for registration of multi state cooperative society sub-section (1) made in Form I and shall, subject to visions of sub-section (2) of Section 6 and sub-rules (2), (3), (4) and (5) be signed by the applicants and be accompanied by (a) four copies of the proposed bye-laws of the  cooperative society, duly signed by each of the persons who sign the application for registration; (b) a list of persons who have contributed to the share together with the amount c

Attachment Before Award

The arbitrator is satisfied in multi state cooperative society that a party to any reference to him under with intent to defeat or delay the execution decision that may be passed thereon is about dispose of the whole or any part of the property or remove the whole or any part of the property from its precincts, the arbitrator may, unless adequate security is furnished, direct attachment of the said property or such part thereof as he deems The attachment under sub-section shall be executed by court having jurisdiction in the same way as an

Attachment Before Award in multi state society

All sums due from a multi state co-operative society or officer or member or past member of a multi state society the Central Government or a State Government, including any cost to the Central Government or the State Government, as the case may me. You can pay a visit here for knowing more on central government's power of multi state cooperative societies in public interest.

Appeals and Review of multi state society

Subject to the provisions of an appeals and review of multi state society shall lie under against (a) an order made by the Central Registrar under sub-section (3) refusing to registrar of co-operative societies (b) an order made by the Central Registrar under sub-section (9) refusing to register an amendment of the laws of a cooperative society; (c) a decision of a multi state society refusing or deemed to be refusing

Execution of Orders of Liquidators

Revisions of the 2002 Act are same and identical to multi state cooperative society act, 1984. Provides that orders passed by the liquidator under section. Be executed according to the law for the time being in force for the arrears of land revenue. The orders passed by the liquidator carry force as in the case of execution or orders etc. passed by the Central any other person authorized by him as the liquidator is appointed eternal Registrar.

Reference of Disputes

(1) Not with standing anything contained in any other law for the time in force, if any dispute other than a dispute regarding disciplinary taken by a cooperative society against its paid employee industrial dispute as defined in clause of the Industrial Act, 1947 (14 of 1947)1 touching the constitution, management or a multi state society arises(a) among members, past members and persons claiming through members, past members and deceased members, or (b) between a member, past members and persons claiming through a member, past member or dece

Recovery of Costs in multi state cooperative society

Recover on application to a Magistrate having jurisdiction in multi state cooperative society the place where person, from whom the money is claimable, actually and voluntarily or carries on business, and such Magistrate shall recover the same as if it we a fine imposed by himself.

Provision as to Resolutions for Appointing or Removing Auditors

(1) A special notice shall be required for a resolution in multi state cooperative society an annual real meeting appointing as auditor a person other than a retiring auditor, expressly that a retiring auditor shall not be reappointed. (2) On receipt of notice of such a resolution, the multi state society shall forthwith send a copy thereof to the retiring auditor.

Qualifications and Disqualifications of Auditors

(1) A person shall not he qualified for appointment as an auditor of multi state cooperative society unless he is a chartered accountant the meaning of the Chartered Accountants Act, 1949 (2) None of the following persons shall he qualified for appoint as auditor of a multi state society (a) a body corporate (b) an officer or employee of the cooperative society.

Appointment and Remuneration of Auditors

Every cooperative society registered under MSCS Act, 2002 shall cause to be audited by referred to in sub-section (2) its accounts at least once in each every cooperative society shall, at each annual general, appoint an auditor or auditors to hold office from the conclusion meeting until the conclusion of the next annual general meeting and thin seven days of the appointment, give intimation thereof to Editor so appointed Provided that such auditor or auditors may be appointed panel of auditors approved by the Central Registrar or  panel o