The Bihar Co-operative Societies Act, 1935
jharkhand · 1935
- S. 1Short title and extent
- S. 2Definitions
- S. 3—
- S. 4Saving of existing societies
- S. 5Construction of references to Co-operative Societies Act, 1912 in enactments
- S. 6The Registrar
- S. 7Societies which may be registered
- S. 8Conditions of registration
- S. 9Application for registration
- S. 10Power of Registrar to decide questions
- S. 11Registration
- S. 12Evidence of registration
- S. 13Societies to be bodies corporate
- S. 14Registered societies to have a managing committee etc
- S. 15Restrictions on borrowing
- S. 16Restrictions on lending
- S. 17Restrictions on other transactions with non-member
- S. 18Reserve Fund
- S. 19Investment of funds
- S. 20Contribution to charitable purpose
- S. 21Restrictions on division of funds
- S. 22Charge and set off in respect of shares or interest of members
- S. 23Prior claim of society
- S. 24Transfer of interest on death of member
- S. 25Amendment of the bye-laws of a registered society
- S. 26Power of Registrar to direct amendment of the bye-laws of a registered society
- S. 27Member not to exercise rights till due payment made
- S. 28Votes of members
- S. 29Restriction on holding of members
- S. 30Share or interest not liable to attachment
- S. 31Restrictions on transfer of share or interest
- S. 32Liability of a past member and of the estate of a deceased member
- S. 33Audit
- S. 34Inspection by Registrar
- S. 35Inquiry by Registrar
- S. 36Inspection of books by Registrar
- S. 37Inspection of books by financing bank
- S. 38Power to call for documents and to issue summons
- S. 39Cost of inquiry and inspection
- S. 40Surcharge
- S. 42Winding up order
- S. 43Appeal against the order of winding up
- S. 44Liquidation and dissolution
- S. 44ADefinitions
- S. 44BApplications of Chapter to Land Development Banks
- S. 44CAppointment of Trustee and his powers and functions
- S. 44DTrustee to be a corporation sole
- S. 44EIssue of debenture by the Board
- S. 44FVesting of mortgaged property in the Trustee and floating charge of debenture holders
- S. 44GGuarantee by the State Government of principal and interest on debentures
- S. 44HPriority of mortgage, over claims
- S. 44IRight of Land Development Bank to purchase mortgaged property
- S. 44JMortgages executed in favour of Land Development Bank to stand vested in Trustee
- S. 44KPower of Primary Land Development Bank to receive money and grant discharge
- S. 44LRegistration of mortgage in favour of Land Development Bank
- S. 44MPower of Land Development Bank to pay prior debts of mortgagors and secure consequential reliefs
- S. 44NPowers of Land Development Bank to advance loans and to hold lands
- S. 44OPublic notice for entertaining objection
- S. 44PMortgage executed by managers of Hindu joint families or natural or legal guardians of minors or disabled persons
- S. 44QOrder granting loan conclusive of certain matters
- S. 44RRecovery of loan by Land Development Bank
- S. 44SCollector to make recoveries during certain period
- S. 44TDistraint and sale
- S. 44UPowers of sale when to be exercised
- S. 44VPowers of Land Development Bank where mortgaged property is destroyed or security becomes insufficient
- S. 44WPower of the Board or Trustee to take action against defaulters
- S. 44XConfirmation of sale
- S. 44YDisposal of sale proceeds
- S. 44ZCertificates of purchase, delivery of property and title to purchaser
- S. 45Offences
- S. 46Prohibition of the use of the word 'co-operative'
- S. 47Cognizance of offences
- S. 48Disputes
- S. 49Registrar, liquidators and arbitrators to have certain powers of Civil Court
- S. 50Attachment of property
- S. 51Enforcement of orders
- S. 52Recovery of sums due
- S. 53Recovery of sums due to the Government
- S. 54Property from which sums due from a society can be recovered
- S. 55Liability of past members
- S. 56Power of revision by Registrar
- S. 57Bar of jurisdiction of Court
- S. 57ACases in which application for distraint may be made
- S. 57BForm of application
- S. 57CProcedure on receipt of application
- S. 57DExecution of order for distraint
- S. 57EService of demand and account
- S. 57FRights to reap etc
- S. 57GSale proclamation to be issued unless demand is satisfied
- S. 57HPlace of sale
- S. 57IWhen produce may be sold standing
- S. 57JManner of sale
- S. 57KPostponement of sale
- S. 57LPayment of purchase money
- S. 57MCertificate to be given to purchaser
- S. 57NProceeds of sale how to be applied
- S. 57OCertain persons may not purchase
- S. 57PProcedure where demand is paid before the sale
- S. 57QDistraint of property which is under attachment
- S. 57RSuit for compensation for wrongful distraint and appeals
- S. 57SPower to make Rules
- S. 57TInterpretation
- S. 58Registrar and other officers to be public servants
- S. 59Proof of entries in societies book
- S. 60Delegation of power to hear appeals
- S. 61Compulsory affiliation of registered societies to a Co-operative Federation
- S. 62Exemptions from requirements as to registration
- S. 63Limitation
- S. 64Power to exempt from income tax, stamp duty and registration fees
- S. 65Exemption from compulsory registration of instrument relating to shares and debentures of a registered society
- S. 66Power to make Rules
- S. 66A—
- S. 67Repeals