The PUDUCHERRY CO-OPERATIVE SOCIETIES ACT, 1972
puducherry · 1973
- S. 1Short title, extent and commencement
- S. 2Definitions
- S. 3The Registrar
- S. 4Societies which may be registered
- S. 5Change of liability
- S. 6Conditions of registration
- S. 7Power of Registrar to decide certain questions
- S. 8Application for registration
- S. 9Registration
- S. 10Evidence of registration
- S. 11Amendment of the by-laws of the registered society
- S. 12Power to direct amendment of by-laws
- S. 13Change of name
- S. 14Amalgamation, transfer or division of societies
- S. 15Power to direct amalgamation
- S. 16Reconstruction of societies
- S. 17Joint ventures of societies
- S. 18Classification
- S. 19Conversion
- S. 20Qualification for membership of society
- S. 21Associate members
- S. 22Disqualifications for membership of society
- S. 23Right of members to services by registered society and application for redress
- S. 24Expulsion
- S. 25Votes of members
- S. 26Rights of member to see book, etc
- S. 27Restrictions on transfer of share or interest
- S. 28Restrictions on withdrawal of share
- S. 29Transfer of interest on death of member
- S. 30Liability of past member or of the estate of a deceased member
- S. 31General meetings
- S. 32Appointment of committee
- S. 33Appointment of new committee or administrator on failure to constitute committee, etc
- S. 34Disqualifications for membership of committee
- S. 35—
- S. 36Removal of disqualification
- S. 37Address of societies
- S. 38Societies to be bodies corporate
- S. 39First charge of society
- S. 40Charge of immovable property or interest in the land as tenants, of members borrowing loans from certain registered soc
- S. 41Charge and set off in respect of shares or interest of members
- S. 42Financing bank not to have a claim on certain sums of money
- S. 43Shares, interest, etc
- S. 44Reserve fund and bad debt reserve not liable to attachment
- S. 45Deduction from salary or wages
- S. 46Exemption from compulsory registration of instruments relating to shares and debentures of registered society
- S. 47Right to set off where a registered society purchases immovable property at a sale for any sum due to it
- S. 48Power to exempt from stamp duty and registration fee
- S. 49Register of members
- S. 50Proof of entries in societies book
- S. 51Investment by Government in registered societies
- S. 52Provision of funds by Government to apex society
- S. 53Partnership of Government with apex society
- S. 54Subsidiary State Partnership Fund
- S. 55Approval of Government for purchase of shares
- S. 56Liability to be limited in respect of certain shares
- S. 57Restrictions on amount of dividend
- S. 58Indemnity of apex and central societies
- S. 59Disposal of share capital and dividend etc
- S. 60Disposal of Principal State Partnership Fund and Subsidiary State Partnership Fund on winding up of an apex or central
- S. 61Principal State Partnership Fund and Subsidiary State Partnership Fund not to form part of assets
- S. 62Agreement by Government and apex society
- S. 63Other forms of state aid to registered societies
- S. 64Provisions of this chapter to over-ride other laws
- S. 65Regulation of loan making policy
- S. 66Restrictions on borrowings
- S. 67Restrictions on other transactions with non-members
- S. 68Investment of Funds
- S. 69Funds not to be divided among members
- S. 70Properties not to be miss-used
- S. 71Disposal of net profits
- S. 72Contributory Provident Fund
- S. 73Gratuity
- S. 74Audit
- S. 75Inquiry
- S. 76Inspection
- S. 77Inspection of books by financing bank
- S. 78Costs of inquiry and inspection
- S. 79Registered society to pay certain expenses
- S. 80Suspension of officer or servant of society
- S. 81Registrar's power to give directions in the public interest, etc
- S. 82Surcharge
- S. 83Supersession of committee
- S. 84Disputes
- S. 85Application of chapter to Land Development Banks
- S. 86Central Land Development Bank
- S. 87Appointment, powers and functions of Trustee
- S. 88Issue of debentures
- S. 89Guarantee by Government
- S. 90Vesting of property in Trustee and debenture Holders’ charge on assets
- S. 91Powers of Land Development Bank to advance loans and to hold lands
- S. 92Priority of mortgage over other claims
- S. 93Verification of encumbrances
- S. 94Registration of documents executed on behalf of a Land Development Bank
- S. 95Mortgagor’s powers to lease
- S. 96Mortgages not to be questioned on insolvency of mortgagors
- S. 97Right of Land Development Bank to pay prior debts of mortgagor
- S. 98—
- S. 99Special provisions for mortgages by tenants in the Mahe area
- S. 100—
- S. 101Distraint-When to be made
- S. 102Distraint-How to be affected
- S. 103Sale of property distrained
- S. 104Power of sale when to be exercised
- S. 105Application for sale and manner of sale
- S. 106Application to set aside sale on deposit and confirmation of sale in default or on dismissal of such application
- S. 107Distribution of the proceeds of sale
- S. 108Certificate to purchaser
- S. 109Delivery of property to purchaser
- S. 110Right of Land Development Bank to purchase the mortgaged property at sale
- S. 111Appointment of Receiver and his powers
- S. 112Title of purchaser not to be impeached on the ground of irregularity, etc
- S. 113Recovery of sums due to the Land Development Bank
- S. 114Officers of Land Development Bank and Sale Officers not to bid at sale
- S. 115Power of Trustee to direct distraint and sale of produce and the sale of mortgaged property
- S. 116Service of notice under the act
- S. 117Sections 102, 103 and 104 of the Transfer of Property Act, 1882 to apply to such notices
- S. 118Application of Chapter
- S. 119Definitions
- S. 120Declaration by members of a Lift Irrigation Society
- S. 121Agreement regarding period of membership, sharing of expenditure, etc
- S. 122Prohibition against withdrawal of membership
- S. 123Regulation of supply of water
- S. 124Admission of transferees of land and heirs, etc
- S. 125Concessions and facilities for the small farmers’ lift irrigation society
- S. 126Winding up and cancellation of Registration of registered societies
- S. 127Liquidator
- S. 128Powers of liquidator
- S. 129Cancellation of registration
- S. 130Bar of legal proceedings
- S. 131Restoration of society ordered to be wound up
- S. 132Power of Reserve Bank of India to give certain directions to Co- operative Banks
- S. 133Power of the Registrar to recover certain sums by attachment and sale of property
- S. 134Recovery of debts
- S. 135Powers of financing bank to proceed against member of a registered society for recovery of moneys due to it from such s
- S. 136Recovery of sums due to agricultural credit society
- S. 137Registrar or person empowered by him to be civil court for certain purposes
- S. 138Recovery of sums due to Government
- S. 139Co-operative Tribunal
- S. 140Appeals
- S. 141Revision
- S. 142Review
- S. 143Execution of orders passed in appeal, revision or review
- S. 144Bar of jurisdiction of Civil Courts
- S. 145Tribunal, Registrar, etc
- S. 146Orders to be pronounced
- S. 147Punishment for furnishing false information or disobeying summons or other lawful order, requisition or direction
- S. 148Punishment for acting in contravention of section 39, 40 or 120
- S. 149Prohibition of the use of the word "co-operative" or its equivalent
- S. 150Punishment for failure to give effect to decisions or award in references
- S. 151Punishment for misuse of the properties of a registered society
- S. 152Corrupt practices
- S. 153Registrar and other officers to be public servants
- S. 154Punishment for offences not otherwise provided for
- S. 155Cognizance of offences
- S. 156Securing possession of records
- S. 157Attachment of property
- S. 158Power to exempt societies from conditions as to registration
- S. 159Exemption of self-reliant societies
- S. 160Power to exempt registered societies
- S. 161Delegation of powers of government
- S. 162Acts of societies etc
- S. 163Certain Acts not to apply
- S. 164Protection of action taken in good faith
- S. 165Duties of Police Officer
- S. 166Constitution of a Co-operative Advisory Council
- S. 167Officers and employees of societies
- S. 168Power of Government to give directions
- S. 169Power to remove difficulties
- S. 170Power to make rules
- S. 171Repeals and savings