The Maharashtra Co-operative Societies Act 1960
dadra-and-nagar-haveli-and-daman-and-diu · 1961
- S. 1Short title and extent
- S. 2Definitions
- S. 3—
- S. 3A—
- S. 4(1) Application for Registration and Registration fee
- S. 5—
- S. 6Conditions of registration:- (1) No society, other than a federal society, shall be registered under this Act,
- S. 7—
- S. 8Matters in respect of which Registrar may direct society to make bye-laws or society may make bye-laws
- S. 9Registration
- S. 10Classification and sub-classification of societies
- S. 11Power of Registrar to decide certain questions
- S. 12Amendment of bye-laws
- S. 13Amendment of bye-laws of society
- S. 14Power to direct amendment of bye-laws
- S. 15Change of liability
- S. 16Amalgamation, transfer of assets and liabilities division or conversion of Societies
- S. 17Amalgamation, transfer, division or conversion of societies
- S. 18—
- S. 18CManner of issue of public notice of the proceedings of de-registration of society
- S. 19A Procedure for tendering application to the Registrar for membership under section 23(1A)
- S. 20Partnership of societies
- S. 21Cancellation of registration
- S. 22Person who may become member
- S. 23Open membership
- S. 24Nominal, associate and sympathizer member
- S. 25Nomination of persons
- S. 26No rights of membership to be exercised till due payments are made
- S. 27Voting powers of members
- S. 28—
- S. 29Restrictions on transfer or charge on share or interest
- S. 30Transfer of interest on death of member
- S. 31Procedure for change of address of societies
- S. 32Rights of members to see books, etc
- S. 33Liability of past member and estate of deceased member
- S. 34Insolvency of members
- S. 35Conditions for harrowing by societies with limited liability
- S. 36Conditions for borrowing of Maharashtra State Co-operative Bank
- S. 37Address of societies
- S. 38Register of members
- S. 39Raising funds by societies
- S. 40Admissibility of copy of entry of evidence
- S. 41Exemption from compulsory registration of instruments relating to shares and debentures of society
- S. 42Regulation of loans to be granted by societies
- S. 43Conditions to be complied with by members applying for Loans
- S. 44Regulation of loan making policy
- S. 45Restrictions on borrowing from more than one credit society
- S. 46Manner of recalling of loan
- S. 46ARestrictions on borrowings from non-members
- S. 47Prior claim of society
- S. 48Charge on immovable property of members, borrowing from certain societies
- S. 48ADeduction from sale price of certain agricultural produce to meet society's dues
- S. 49Deduction from salary to meet society's claims in certain cases
- S. 49ACalculation of net profits
- S. 50Appropriations of profits
- S. 51Amounts to be deducted by a society from its profits before arriving at its net profits
- S. 52Bonus and Dividend Equalization Fund
- S. 53Rate of annual contribution to education fund of Slate Federal Society
- S. 54Utilisation and investment of reserve fund
- S. 55Investment of other funds
- S. 56Maintenance and administration of provident fund
- S. 56BProvisional list of voters
- S. 56CParticulars to be included in the provisional list of voters
- S. 56DClaims and objections to the provisional list of votes, and the final list of voters
- S. 56EAppointment of Returning Officers, Assistant Returning Officers and such other Officers required to conduct the electio
- S. 56FGeneral duty of Returning Officer
- S. 56GPolling stations
- S. 56HAppointment of Presiding Officer and Polling Officer
- S. 56IGeneral duty of Presiding Officer and Polling Officer
- S. 56JAppointment of dates etc
- S. 56K—
- S. 56M—
- S. 56NPresentation of nomination paper and requirements for valid nominations
- S. 56PDeposit
- S. 56QNotice of nomination and time and place for the scrutiny
- S. 56RScrutiny of nomination papers
- S. 56SPublication of list of valid nominations
- S. 56TWithdrawal of candidature
- S. 56UPreparation of list of contesting candidates
- S. 56WDeath of candidate before poll
- S. 56XUncontested elections
- S. 56YManner of voting at elections
- S. 56ZBallot Box — Every ballot box shall be of such design as may be approved by the Chief Election Officer
- S. 57Indemnity of Apex and Central societies
- S. 57AMotion of no-confidence against the officers of the society
- S. 58Disqualification for membership of Committee
- S. 59First general meeting
- S. 60General Meeting
- S. 61Annual statement of accounts including balance sheet, etc
- S. 62Other forms of State aid to societies
- S. 63Power to call annual and special general meeting
- S. 64Procedure for appointment, suspension and removal of members of the committee and other officers, etc
- S. 65Accounts and books to be kept
- S. 66Reserve Fund— (1) Every society which does, or can, derive a profit from its transactions shall maintain a reserve fu
- S. 67Registrars power to enforce performance of obligations
- S. 67ADirections of Registrar to the society to make regulations on certain matters
- S. 68Procedure to be adopted for taking possession of books, documents, securities, cash and other properties of society
- S. 69Contribution to public purposes
- S. 70Investment of funds
- S. 71Procedure and principles for the conduct of inquiry and inspection
- S. 72Procedure for assessing damages against delinquent promoters, etc
- S. 73Committee, its powers and functions
- S. 74—
- S. 75Annual General Meeting
- S. 76Special general meeting
- S. 77Acts of societies etc
- S. 77A—
- S. 77EProcedure for hearing and decision of disputes
- S. 78Power of removal of committee or member thereof
- S. 79Registrar's power to enforce performance of obligations
- S. 80Registrar's power to seize records etc
- S. 81Audit
- S. 82Rectification of defects in accounts
- S. 83—
- S. 84Inspection of books of indebted society
- S. 85Transfer of property which cannot be sold
- S. 86Payment of fees for decisions of disputes
- S. 87Registrar to bring defects disclosed in inquiry or inspection to notice of society
- S. 88Power of Registrar to assess damages against delinquent promoters, etc
- S. 88ADeposit towards fees of inquiry
- S. 89Appointment of Liquidator and the procedure to be followed and powers to be exercised by him
- S. 89APower to inspect working of society
- S. 90Constitution or recognition of federal authority to supervise working of societies
- S. 91Disputes
- S. 92Limitation
- S. 93Procedure for submission and consideration of applications for loans from Land Development Banks
- S. 94Procedure for settlement of disputes and power of Co-operative Court
- S. 95Attachment before award or order and interlocutory order
- S. 96Appointment of Receiver and his powers under section 133
- S. 97Appointment, qualifications and powers and functions of a Sale Office under section 133
- S. 98Money how recovered
- S. 99Circumstances under which the State Land Development Bank or the Trustee may take action under section 133(2)
- S. 100Submission of report for confirmation of sale under section 134
- S. 101Recovery of arrears due to certain societies as arrears of recovery of land revenue
- S. 102Winding up
- S. 103Appointment of Liquidator
- S. 104Qualifications of president and other members of the Maharashtra State Co-operative Appellate Court and their appointme
- S. 105Powers of Liquidator
- S. 106Procedure for presentation to and disposal of appeals by State Government and Registrar under section 152
- S. 107Procedure for attachment and sale of property under section 156
- S. 108Audit of Liquidators accounts
- S. 109Termination of liquidation proceedings
- S. 110Disposal of surplus assets
- S. 111Application of Chapter XI of Agriculture and Rural Development Banks
- S. 112B General Body and committee of State Agriculture and Rural Development Bank
- S. 113Appointment, powers and functions of Trustee
- S. 114Issue of debentures
- S. 115Guarantee by State Government
- S. 116Vesting of property in Trustee and Debenture holders, charge on assets
- S. 117Powers of Agriculture and Rural Development Banks to advance loans and to hold lands
- S. 118—
- S. 119Order granting loan conclusive of certain matters
- S. 120Priority of mortgage
- S. 121—
- S. 122Registration of Mortgage, Lease, etc
- S. 123Mortgages and other instruments not to be questioned on insolvency of mortgagors 3or executants
- S. 124—
- S. 125Mortgages 8and other instruments executed by managers of joint Hindu families
- S. 126—
- S. 127Restrictions on lease
- S. 128Agriculture and Rural Development Bank to receive money and give discharge
- S. 129—
- S. 130Right of Agriculture and Rural Development Bank to buy mortgaged property
- S. 131Recovery of loans by Development Banks
- S. 132Powers to distrait
- S. 133Sale of mortgaged or encumbered property
- S. 133A—
- S. 134Confirmation of sale
- S. 135Disposal of sale-proceeds
- S. 136Certificate to purchase, delivery of property and title of purchaser
- S. 137Recovery of loans on certificate by Registrar
- S. 138Mode of recovery by Collector
- S. 139Officers or members of family not to bid at auction sale
- S. 140Section 40 of Bombay XXVIII of 1947 not to apply to alienation in favour of Agriculture and Rural Development Banks
- S. 141Provision for Guarantee Funds to meet certain losses
- S. 142Registrars power to permit any society or a class of Societies to function as an Agriculture and Rural Development Bank
- S. 143Service of notice
- S. 143ATransfer of rights and liabilities of Government in respect of schemes sanctioned under BOM
- S. 144—
- S. 145Prohibition of use of the word "Co-operative"
- S. 146Offences
- S. 147Punishments for Offences under section 146
- S. 148Cognizance of offences
- S. 148AContempt of Co-operative Courts and of Co-operative Appellate Court
- S. 149Maharashtra State Co-operative Appellate Court
- S. 150Review of orders of Co-operative Appellate Court
- S. 151—
- S. 152Appeals
- S. 153Extension of period of limitation by appellate authority in certain cases
- S. 154—
- S. 154AConstitution of State Co-operative Council, its functions, etc
- S. 155—
- S. 156Registrars powers to recover certain sums by attachment and sale of property
- S. 157Power to exempt societies from provisions of Act
- S. 158—
- S. 159Branches, etc
- S. 160Handing over records and property to new Chairman on election
- S. 160AMembers of State Legislature and certain local authorities not to be remunerated while holding certain offices in socie
- S. 160BMembers of committees not entitled to traveling allowance, daily allowance, etc
- S. 161Registrar and other officers to be public servants
- S. 162Indemnity for acts done, in good faith
- S. 163Bar of jurisdiction of Courts
- S. 164Notice necessary in suits
- S. 165Rules
- S. 166Repeal, saving and construction
- S. 167Companies Act not to apply
- S. 1890CHAPTER X-A INSURED CO-OPERATIVE BANK 110-A Order for winding up, reconstruction, super session of committee, etc