Amendment status not verified — confirm the current text below against the official source.
Substituted for the existing clauses (1) and (1a) vide H.P. Act No. 9 of 2020. THE HIMACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1968 9 1[(6) Co-operative year” shall mean the year commencing on the 1st day of April;] 2[(6-A) “Deposit Insurance Corporation” means the Deposit Insurance and Credit Guarantee Corporation established under section 3 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961);] (7) “Dispute” means any matter capable of being the subject of civil litigation and includes a claim in respect of any sum payable to or by a co-operative society whether such claim be admitted or not; (8) “Family” means husband, wife and unmarried sons and daughters; (9) “Federal society” means a society not less than three-fourth of the members of which are societies; (10) “Member” means a person joining in the application for the registration of a co-operative society and a person admitted to membership after such registration in accordance with this Act, the rules and the bye-laws, and includes a nominal and an associate member; (11) “Officer” means the President, Vice-President, Chairman, Vice-Chairman, Secretary, Assistant Secretary, Manager, Member of a Committee, Treasurer, Liquidator, Administrator and includes any other person empowered under the rules or the bye-laws to give directions in regard to the business of a co-operative society; (12) “Registrar” means Registrar of Co-operative Societies appointed under section 3, and includes any person appointed to assist the Registrar on whom all or any of the powers or duties of the Registrar have been or has been conferred or imposed, under this Act; 3[(12-A) “Reserve Bank” means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934);] (13) “Rules” means rules made or deemed to be made under this Act; (14) “Prescribed” means prescribed by rules made under this Act; (15) “Society” or “Registered society” means a co-operative society registered or deemed to be registered under this Act;