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Co-operative Societies Act, 1912
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Contents
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PRELIMINARY
.
SECTIONS:
1.
Short title and extent.
2.
Definitions.
REGISTRATION
3.
The Registrar.
4.
Societies which may be registered
5.
Restrictions on interest of member of society with limited liability and a share capital.
6.
Conditions of registration.
7.
Power of Registrar to decide certain questions.
8.
Application for registration.
9.
Registration.
10.
Evidence of registration.
11.
Amendment of the bye-laws of a registered society.
RIGHTS AND LIABILITIES OF MEMBERS
12.
Member not to exercise rights till due payment made.
13.
Votes of members.
14.
Restrictions on transfer of share of interest.
DUTIES OF REGISTERED SOCIETIES
15.
Address of societies.
16.
Copy of Act, rules and bye-laws to be open to inspection.
17.
Audit.
PRIVILEGES OF REGISTERED SOCIETIES
18.
Societies to be bodies corporate.
19.
Prior claim of society.
20.
Charge and set-off in respect of shares or interest of member.
21.
Shares or interest not liablie to attachment.
22.
Transfer of interest on death of member.
23.
Liability of past member.
24.
Laibility of the estates of deceased member
25.
Register of members.
26.
Proof of entries in societies' books.
27.
Exemption from compulsory registration of instruments relating to shares and debentures of registered society.
28.
Power to exempt from income-tax, stamp-duty and registration-fees.
PROPERTY AND FUNDS OF REGISTERED SOCIETIES
29.
Restrictions on loans.
30.
Restrictions on borrowing.
31.
Restrictions on other transactions with non-members.
32.
Investment of funds.
33.
Funds not to be divided by way of profit.
34.
Contribution to chartiable purpose.
INSPECTION OF AFFAIRS
35.
Inquiry by Registrar.
36.
Inspection of books of indebted society.
37.
Costs of inquiry.
38.
Recovery of costs.
DISSOLUTION OF SOCIETY
39.
Dissolution.
40.
Cancellation of registration of society.
41.
Effect of cancellation of registration.
42.
Winding up.
RULES
43.
Rules.
MISCELLANEOUS
44.
Recovery of sums due to Government.
45.
Power to exempt societies from conditions as to registration.
46.
Power to exempt registered societies from provisions of the Act.
47.
Prohibition of the use of the word "co-operative".
48.
Indian companies Act, 1882, not to apply.
49.
Saving of existing societies.
50.
[Repealed.]
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