Amendment status not verified — confirm the current text below against the official source.
(2) It extends to the whole of the State of Bihar. Comments & case-law {The whole gamut of this Act and the Rules framed thereunder as also the model Byelaws for the co-operative societies would show in the ultimate analysis, that they rested on the larger principles of co-operation which are sought to be codified and given a legalistic form by the statutory provisions. The golden web that runs through the fabric of the co-operation movements is that of self- help and mutual help through democratic management and a conscious eschewing of the profit motive. Every member, regardless of number of shares he owns, has only one vote to further this concept. Harender Narain Banker vs. State of Bihar, 1985 PLJR 1078. The preamble, the scheme and other available material must be examined to see if there are any discernible guidelines. Power granted to State Government to exempt a Co-operative society from application of provisions of the Act or application of its provisions with modification will not make that provision void on the ground of excessive delegation. Registrar of Co-operative Societies v. K. Kunjabmu, AIR 1980 sc 350: (1980) 1 SCC 340. The Act virtually provides a complete Code for both election to the Board of Directors of the Co- operative movement; and the resolving of election disputes in appellate forum. The object is to promote self help, non-profit motive and democratic legislative papers-For Statement of Objects and Reasons, See the B & 0. Gazette 1934, Pt. V. p. 106; for report of the Select Committee, see ibid, 1935 Pt. V, p. 65; and for proceeding in Council, see B & 0, Legislative Council Debates, Vol. XXXI, p. 225 and Vol. XXXII, pp 603 and 665. local Extent-See sl. (2).