The Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995.
andhra-pradesh · 1995
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1Substituted by Act No
- S. 2Proviso added by Act No
- S. 3Section 3 outlines the principles and bye-laws for forming and operating co-operative societies under the Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995.
- S. 4Section 4 outlines the process for registering new cooperative societies and converting existing ones under the Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995.
- S. 5Section 5 confirms the registration certificate as conclusive proof of a society's registration under the Act, cancelling prior registrations under the 1964 Act.
- S. 6Section 6 establishes a registered cooperative society as a body corporate with perpetual succession and legal capacity to own property and enter into contracts.
- S. 7Registration with limited or unlimited liability - A Co-operative Society may be registered with limited or unlimited li
- S. 8Section 8 mandates cooperative societies to display their full name, registration number, and office address prominently in various official documents and communications.
- S. 9Section 9 outlines the regulation of co-operative societies' functioning by their bye-laws, specifying required details and membership procedures.
- S. 10Section 10 outlines the process for amending bye-laws in Andhra Pradesh Cooperative Societies, including notice requirements and registration with the Registrar.
- S. 11Section 11 allows Co-operative Societies to change liability, transfer assets, divide, or amalgamate with others, requiring member consent.
- S. 12Section 12 allows a Co-operative Society to establish and manage subsidiary organizations to further its objectives.
- S. 13Section 13 allows creation of new organizations through collaboration between a Co-operative Society and other entities, to be reviewed annually.
- S. 14Section 14 allows co-operative societies to mobilize funds from members and others, with special provisions for co-operative banks.
- S. 15Section 15 allows a Co-operative Society to invest its funds in non-speculative ways outside its business.
- S. 16Section 16 allocates surplus funds to deficit cover, reserve funds, and patronage rebates for members.
- S. 17Section 17 outlines how a cooperative society's board manages deficits by reporting to the general body and deciding on deficit coverage.
- S. 18Reserve Fund - A Co-operative Society may create a Reserve for such purpose as may be specified in the bye-law
- S. 19Section 19 outlines the eligibility and admission process for membership in Andhra Pradesh Mutually Aided Co-operative Societies.
- S. 20Section 20 outlines the authority and responsibilities of the general body of a Co-operative Society in Andhra Pradesh.
- S. 21Section 21 establishes a Board of Directors for cooperative societies, with staggered terms, disqualifications, and ineligibility criteria for directors.
- S. 22Section 22 outlines the powers and functions of the Board of Directors in managing the cooperative society, including membership, staffing, and financial policies.
- S. 23Section 23 outlines the process for electing directors in a Co-operative Society, including roles of the Board and Registrar.
- S. 24Section 24 outlines the frequency, convening, and recording of meetings for Co-operative Societies in Andhra Pradesh.
- S. 25Section 25 outlines the employment, accountability, and service conditions for staff of Co-operative Societies in Andhra Pradesh.
- S. 26Section 26 mandates cooperative societies to maintain detailed financial and operational records accessible to directors and members.
- S. 27Section 27 mandates co-operative societies to appoint auditors for account audits, with remuneration approval by the general body.
- S. 28Section 28 mandates special audits for societies using government or external funds, with audit costs borne by creditors, and reports submitted within 120 days.
- S. 29Section 29 mandates cooperative societies to provide information to the Registrar and allows for inquiries into potential violations of the Act.
- S. 30Section 30 grants authority to conduct special audits or inquiries by summoning persons and requesting documents from cooperative societies.
- S. 31Section 31 mandates the Registrar to take action against mismanaged office bearers, directing board meetings or seeking tribunal action.
- S. 32Section 32 allows the government to establish tribunals for the act by notification.
- S. 33Section 33 empowers the Tribunal to disallow and recover illegal expenditures from responsible co-operative society officials.
- S. 34Section 34 mandates annual filing of detailed reports and statements with the Registrar by Co-operative Societies.
- S. 35Section 35 grants a Co-operative Society rights and privileges under the 1964 Act, unless this Act provides otherwise.
- S. 36Section 36 applies provisions from the Andhra Pradesh Co-operative Societies Act, 1964 for execution of decrees and orders in registered societies and cooperative banks.
- S. 37Section 37 outlines the process for referring various disputes related to a Co-operative Society to the Co-operative Tribunal for resolution.
- S. 38Section 38 penalizes failure by a Co-operative Society to comply with notice, return, or document submission requirements under the Act.
- S. 39Section 39 outlines the process for a Co-operative Society's dissolution by members through a special resolution, including notice requirements and publication.
- S. 40Section 40 allows dissolution of a Co-operative Society by a Tribunal if it violates the Act or operates illegally.
- S. 41Section 41 allows the Registrar to appoint a liquidator or dissolve a co-operative society if no one is appointed by the General Body or Tribunal.
- S. 42Section 42 outlines the duties of a liquidator appointed for an Andhra Pradesh co-operative society, including notice publication and property control.
- S. 43Section 43 grants liquidators powers to manage and liquidate a cooperative society's assets and resolve disputes.
- S. 44Section 44 outlines the process for liquidating a Co-operative Society, including final account approval and dissolution.
- S. 45Fee for services THE ANDHRA PRADESH MUTUALLY AIDED CO-OPERATIVE SOCIETIES ACT, 1995 ACT No