Bare ActsThe Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995.

Section 2

Proviso added by Act No

Amendment status not verified — confirm the current text below against the official source.

Proviso added by Act No.20 of 2006, s.3. 3 . Inserted by Act No.20 of 2006, s.3. (d) registration fee amounting to one percent of the total authorised share capital by whatever name called subject to a minimum of one hundred rupees and a maximum of ten thousand rupees; and (e) In the case of a Society registered under section 7 of the Andhra Pradesh Co-operative Societies Act, 1964 and wishing to convert itself into a Co-operative Society under this Act, evidence to show that the Society is not in possession of any share capital from Government, and evidence also to show that the Society is not in receipt of any Government loans or guarantees at the time of applying for registration as a Co-operative Society under this Act, or that it has entered into a memorandum of understanding with the Government for any such outstanding loans or guarantees. (4) The Registrar shall if he is satisfied that,- (a) the application is in conformity with the requirements of this Act; (b) the proposed bye-laws are not contrary to the provisions of this Act; and (c) the name of the proposed Co-operative Society is not the same as that of a Co-operative Society already registered under this section, or the same as that used by a class of Societies already registered under section 7 of the Andhra Pradesh Co-operative Societies Act, 1964,- Register the Co-operative Society and also its bye-laws and communicate by registered post a certificate of registration and the original of the registered bye-laws signed and sealed by him, within period of sixty days from the date of submission of application, to the Chief Promoter mentioned in the application. (5) If the conditions laid down in sub-section (4) are not fulfilled, the Registrar shall communicate by registered post the order of refusal together with the reasons therefor, within sixty days from the date of submission of application, to the Chief Promoter. (6) There shall be appointed a Registrar of Mutually Aided Co-operative Societies for the State and as many other Officers as the Government may think fit for the purposes of this Act.

Section 2 – The Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995. | DailyLaw.ai