If any debt is due from any member of the credit cooperative society or from past member or member who has died, the society shall have a charge upon the share or contrib. interest in the capital, deposits and also upon any dividend, bonus or profits pay such member.
Information in the prescribed format has to be submitted on annual basis in every financial year. Are you equipped with the knowledge of settlement of disputes in cooperative society. The on-line information will remain available to the general regarding the functioning of the society. Registrar may refuse to register a cooperative society if he is not satisfied about once of the provisions of the Act or for some other reasons.
(1) Subject to the provisions, the share or contribution or a member or past or deceased member in the capital of a multi state cooperative society shall not be liable to attachment or sale under any or order of any court in respect of any debt incurred by such an official assignee or a receiver under any law relating to lanky shall not be entitled to or have any claim on such share or libation or interest.
(1) The board of every review of multi state cooperative society, within such period as may be prescribed, and not later than six months after the close of the corresponding year, call the annual general meeting in the manner prescribed for the purpose of- (a) Consideration of the audited statement of accounts; (b) Consideration of the audit report and annual report; (c) Consideration of audit compliance report; (d) Disposal of net profits; (e) Review of operat
(1) If the opinion of the Central Registrar the board of any multi state cooperative society is persistently making default or is negligent performance of the duties imposed on it by this Act or the rules or laws or has committed any act which is prejudicial to the interests society or its members, or has omitted or failed to comply with any dire given to it under or that there is a stalemate in the Constar functions of the board, the Central Registrar may, after giving the be opportunity to state its objections, if any, and considering the obj
The Chief Executive shall exercise the powers and discharge the finch specified below, namely (a) day-to-day maintenance of liquid resources of the business of the cooperative society ; (b) operating the accounts of the multi state cooperative society and be responsible for making arrangements for safe custody of cash (c) signing on the documents for and on behalf of the multi state society ; (d) making arrangements for the proper maintenance of vari
(1) The Chief Comparative/Explanatory Notes And Case in Law from certain taxes, fees and duties in cooperative society shall convene the meetings of the board a instance of the Chairman or President of the multi state cooperative society (2) The total number of meetings of the board in a year and the very meetings may be such as may be prescribed Provided that the board shall meet at least once in every quarts Chief Executive.
(1) Where the Central Government or a State Government has subscribed the share capital of a multi state cooperative society or has guaranteed repayment of principal and payment of interest on debentures issued by cooperative society or has guaranteed the repayment of principal payment of interest on loans and advances to a multi state cooperative society, the Central Government or the State Government in this behalf, as the may be, or any person authorized by the Central Government or the State government, shall have the right to nominate<
When the dispute relates to the recovery of any sum including interest thereon due to a credit cooperative society by a member there of, be computed from the date on which such ceases to be a member of the society ; (b) save as otherwise provided in clause (c), when the dispute any act or omission on the part of any of the parties clause (b) or clause (c) of sub-section (1) six the date on which the act or omission, with reference to dispute arose, took place; (c) when the dispute relates to a provisional registration shall, subject to this se
(1) Notwithstanding anything contained in any other law for being in force, if any dispute other than a dispute regarding dies action taken by a multi state cooperative society against its paid or an industrial dispute as defined in clause (k) of Section 2 of the Disputes Act touching the constitution, tag.