Bare ActsThe Jharkhand Self-Supporting Co-operative Societies Act, 1996

Section 40

Amendment status not verified — confirm the current text below against the official source.

Settlement of disputes (1) If any dispute arises touching the constitution, management or business of a Cooperative Society, and matters connected therewith or incidental thereto: (a) among members, past members and persons claiming through members, past members and deceased members, or (b) between a member, past member or a person claiming through a member, past member or deceased member and the Cooperative 27/42 Society, its board, director, office-bearer or liquidator, past or present, or (c) between the Cooperative Society or its board and any past board, director, office-bearer, or the nominee, heirs or legal representatives of any deceased director, deceased office-bearer of the Cooperative Society, or ( d) between the Cooperative Society and any other Cooperative Society, or (e) between the promoters of a Cooperative Society and the Registrar, or a Cooperative Society and the Registrar, or (f) between a Cooperative Society and liquidator of another Cooperative Society or between the liquidators of two or more Cooperative Societies, Such disputes may be referred to the Cooperative Tribunal for decision: Provided that no dispute shall be referred under this section to the Cooperative Tribunal unless the disputing parties exhausted all remedies that may be available in the bye-laws for the settlement of disputes. (2) Any dispute relating to elections held to a Cooperative Society may be referred to the Cooperative Tribunal for decision. (3) Any appeal against a decision of the Tribunal shall lie before the High Court within sixty days of the date of order.

Section 40 – The Jharkhand Self-Supporting Co-operative Societies Act, 1996 | DailyLaw.ai