Amendment status not verified — confirm the current text below against the official source.
Conditions of registration.--(1) No society, other than a society of which a member is registered society, shall be registered under this Act which does not consist of at least ten persons above the age of eighteen years and, where the primary object of the society is the creation of tunas to be lent to its . members, unless such persons (a) reside in the same town or village or in the same group of villages; or (b) save where the Registrar otherwise directs, are members of the same tribe, class or occupation. 2[(1A) The State Government may by notification in the official Gazette reduce the minimum number of membership of 10 persons for particular class of Co-operative Socieites.] 3[(1b) Notwithstanding anything contrary contained in Bihar Co-operative Societies Act, 1935 or any other Bihar Act or' Rules framed thereunder or ye laws of a Co-operative Society or class of Co-operative Societies or any order issued by the State Government or Registrar of Co-operative Societies, there shall be only one registered Fishermen Co-operative Society in a Block with its area of operation extending over the whole Geographical limit of the Block.] (2) The word "limited" shall be the last word in the name of every society with limited liability registered under this Act. Comments & case Law [Sections 8 and 41 (b) read with Rules 8 to 10 and bye-laws-reduction of the area of thana resulting in taking out the residence of some members of the society-termination of membership of such members and subsequent supersession of the Managing Committee which comprised of some membefS from above-since the registration of the society was thanawise the result of reduction of the area of the thana in question would be that its area of operation) S also reduced-consequently those persons whose residence falls out of the revised area of thana would automatically cease to be members-question of amendment of bye-laws before termination of their membership not necessary in view of language employed in the bye-law. Bhawanipur Fishermen's Co-operative Society vs. State of Bihar, 1995(1) PLJR 366.]