Bare ActsThe Assam Co-operative Societies Act, 2007

Section 123

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

(1) No act of a registered society or of a managing or controlling body or of any officer or liquidator done in good faith in pursuance of the business of the society shall be deemed to be invalid by reason only of some defect subsequently discovered in the organisation of the society or in the constitution of any such body or in the appointment or election of the officer or liquidator or on the ground that such officer or liquidator was disqualified for appointment. (2) No act done in. good faith by any person appointed under this Act shall be invalid merely by reason on the fact that his appointment has been cancelled or in consequence of any order subsequently passed under this Act. (3) The Registrar shall decide whether any act was done in good faith in pursuance of the business of a society. Assam Act I of 1950 Assam Act I of 1950 THE ASSAM GAZETTE, EXTRA ORDINARY, FEBRUARY 4, 2012 425 POWER TO ORDER RECOUPMENT OF EXPENDITURE 124 Notwithstanding anything contained in any other law for the time being in force the State Government may, by a general or special order, require every registered society or a class of registered societies to make contribution of such sum annually to be fixed by the Registrar towards the recoupment of administrative expenditure incurred by the Government in respect of inspection, supervision and guidance of a society or class of societies or of any service to such society or class of societies SUPER-SESSION OF BOARD BY REGISTRAR i-r -

Section 123 – The Assam Co-operative Societies Act, 2007 | DailyLaw.ai