Cooperative societies act, 1925 was enacted to provide for the formation, registration and regulation of cooperative societies for the promotion of thrift, selfhelp and mutual assistance amongst agriculturist or other persons with common economic or social interests and for achieving better st andards of living and for the matters incidental thereto. Laws of malaysia act 502 co operative societies act 1993 arrangement of sections section 1. The cooperative societies act, 1925 sind act vii of 1925 c. Short title this act may be cited as the cooperative societies act.
In this act interpre bonus means a share of the profits of a registered society tation. The goa cooperative societies act, 2001 goa act 36 of 2001, which has been passed by the legislative assembly of goa on 29th march, 2001 and assented to by the governor of goa on 1852001, is hereby published for general information of the public. Byelaws means bylaws consistent with act and registered under this act for the time being in force and includes registered amendments of such byelaws. Act, 1904214, or under the cooperative societies act, 1912215, shall be deemed to be registered under this act, and its bylaws shall, so far as the same are not inconsistent with the express provisions of this act, continue in force until altered or rescinded. It prevails in all the countries, this is almost a universal concept. In this act, unless there is anything repugnant in the subject or context, a bylaws means bylaws registered under this act and for. Cooperative societies the cooperative societies act regulations under section 52 the cooperative societies regulations, 1950 i l. Cooperative societies laws important objective questions here are some important objective from cooperative societies act 1925 and cooperative societies rules 1927. Cooperative society means an institution register with indian cooperative societies act, 1912 or relevant acts of states. The cooperative societies act, 1925 sind act vii of 1925 c o n t e n t s chapter i preliminary sections 1. Section 51 of the madras co operative societies act, 1932 and section 48 of the bihar and orissa act of 1935, which are in. The cooperative societies act, 1925 to facilitate the. This act may be cited as the cooperative societies amendment act 1991.
Sind cooperative societies act, 1925 josh and mak international. The maharashtra cooperative societies act, 1960 maharashtra act no xxiv of 1961 received the assent of the president on the 4th day of may 1961. An act of parliament relating to the constitution, registration and regulation of cooperative societies and for purposes incidental thereto. Provided that unless the 1state government by general or special order otherwise directs. The provisions of this act and the rules shall have effect notwithstanding anythrng codtained in the cooperative. Amended by mah as amended by mah as amended by mah 5 of 1962. Development of cooperatives ad cooperative societies 4. Laws of malaysia act 502 cooperative societies act 1993 arrangement of sections section 1. Whereas, it is expedient further to facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and. Bombay, the pioneers in this regard passed a new act, viz. The cooperative society is active in all countries worldwide and is represented in all the sectors including agriculture, food, finance, healthcare, etc. It is an association of persons who voluntarily pool their resources for utilizing them for the mutual welfare of members itself. The cooperative societies act, 1925 vii of 1925 and co. In this act, unless the context otherwise requiresinterpretation agricultural product means any product of agriculture, including grain and seed.
An act of parliament relating to the constitution, registration and regulation of co operative societies and for purposes incidental thereto. To facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and. Handbook on cooperative society non profit organisations. Co operative societies act, 1925 was enacted to provide for the formation, registration and regulation of co operative societies for the promotion of thrift, selfhelp and mutual assistance amongst agriculturist or other persons with common economic or social interests and for achieving better st andards of living and for the matters incidental thereto. To facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and other persons with common economic needs so as to bring about better living, better business. On enactment of the delhi cooperative societies act, 1972 hereinafter referred to as, the dcs act of 1972, the. Co operative societies act, 1925 vii of 1925 and co operative societies rules, 1927. Cooperative societies 7 issue 1 chapter 490 cooperative societies act date of assent. Construction of references to cooperative societies act, 1912, in enactments. This act may be cited as the cooperative societies act. Whereas certain rules, which it was proposed to make under section 71 of the cooperative societies act, 1925 act vii of 1925, were published in government notification in the revenue department no. This act may be called the 55 cooperative societies act, 1925. Cooperative societies act, 1925 vii of 1925 and cooperative societies rules, 1927. Cooperative societies act 1925 important mcqs objective.
Later on, madras, bihar and bengal passed their own acts in 1932, 1935 and 1940 respectively. This act extends to the whole of the province of west pakistan, except the tribal areas. An act to amend and consolidate the law relating to government and other provident funds. Special acts relating to cooperative societies had been enacted in several provinces prior to the bengal act, and it may be useful to refer to the provisions in section 54 of the bombay cooperative societies act, 1925. Special acts relating to co operative societies had been enacted in several provinces prior to the bengal act, and it may be useful to refer to the provisions in section 54 of the bombay co operative societies act, 1925. The cooperative farming act, 1976 national assembly of pakistan. Cooperative societies an act respecting the registration, supervision, and management of certain societies the members of which have a common bond of philosophy and social and economic objectives, and for related purposes. The society is registered as a plot owners housing society, the main object whereof is to constitute a body of persons who would be allotted. Mar 28, 2012 cooperative societies laws important objective questions here are some important objective from cooperative societies act 1925 and cooperative societies rules 1927. The cooperative societies act, 1925 to facilitate the formation and working of cooperative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and other persons with common economic needs so as to bring about better living, better business.
The cooperative societies act 1925 punjab laws online. Section 51 of the madras cooperative societies act, 1932 and section 48 of the bihar and orissa act of 1935, which are in. Government of the republic of zambia co operative union means a society, the membership. If the registrar is satisfied that a society has complied with the provisions of this act and the rules and that its proposed byelaws are not contrary to any law for the. Cooperative societies act, 1925 josh and mak international. Co operative societies 7 issue 1 chapter 490 co operative societies act date of assent. Repealed schedule repealed the cooperative societies act, 1925. Assent first published in the maharashtra government gazette, part iv, on the 9th day of may 1961. This act may be cited as the co operative societies act. Cooperative societies amendment act, for the purpose of carrying on business as a banking society or which uses as part of its under which it to carry on business the word bank or banking.
To facilitate the formation and working of co operative societies for the promotion of thrift, selfhelp and mutual aid among agriculturists and other persons with common economic needs so as to bring about better living, better business. Cooperative societies act singapore statutes online. Subject to the provisions hereinafter contained, a society which has as its object the promotion of the economic interests of its members in accordance with cooperative principles, or a society established with the object of facilitating the operations of such a society, may be registered under this act with or without limited liability. Officers required to furnish information to minister 5. Cooperatives societies cooperative societies act, 201act 1 31. Milk procurement started during 1960, with organization of 15 rural cooperatives having 192 memberships. The state patronage to the cooperative movement continued even after 1947, the year in which india attained freedom.
Interpretation in this act, except where the context otherwise requires. The maharashtra co operative societies act, 1960 maharashtra act no xxiv of 1961 received the assent of the president on the 4th day of may 1961. The cooperative society is registered under the cooperative societies, act 1925 being a corporate body like a company. Saint christopher and nevis i assent, cuthber t m sebastian governor general. Restrictions on interest of member of society with limited. The membership of a cooperative society is open to all those who have a common interest. Cooperative societies an act to provide for the registration, inspection, examination and supervision of. The cooperative societies act, 1925 sind act vii of.
The cooperative societies rules, 1927 14th july, 1926 notification no. The state patronage to the co operative movement continued even after 1947, the year in which india attained freedom. During 1973, a pilot dairy plant project was established, having processing capacity read more. What is cooperative society and its characteristics. An act to consolidate and amend the law relating to co operative societies in 22the province of west.
The classical british indian model of cooperative legislation creates an inherent con. Interpretation part ii development of cooperatives, cooperative societies and public officers 3. Whereas it is expedient to provide for the formation, registration and regulation of cooperative societies for the promotion of thrift, self help and mutual assistance amongst. Co operative societies an act respecting the registration, supervision, and management of certain societies the members of which have a common bond of philosophy and social and economic objectives, and for related purposes. These objectives are important for the competitive exams held by ppsc for seats of assistant registrar cooperative societies and inspector cooperative societies. Registrar means the registrar of cooperative societies appointed under section 3 and includes any person when exercising such powers of the registrar as may have been conferred upon him under that section. To protect the interest of weaker sections, the co operative society is formed. Cooperative societies an act respecting the registration, supervision and management of cooperative societies, the members of which have a common bond of philosophy and social and economic objectives assent 29th september, 2005 commencement 4th october, 2005 1. The petitioner was registered as a cooperative housing society under the bombay cooperative societies act, 1925 and is now deemed to have been registered under the maharashtra cooperative societies act, 1960. This act may be cited as the cooperative societies shorttitle. The cooperative societies act, 1925 sind act vii of 1925. The goa cooperative societies act, 2001 and rules, 2003.
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