Bare ActsThe punjab co-operative societies act 1961

Section 7

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

Application for registration :- T(1) For purposes of registration,an application shall be made to the Registrar alongwith the Registration Fees, as may be prescribed, by the Registrar from time to time.] (2) The application shall be signed,- (a) in the case of a society of which no member is a co-operative society, by at least ten persons qualified in accordance with the requirements of section 5; and (b) in the case of a society of which a member is a co-operative society, by a duly authorised person on behalf of every such society and where all the members of the society are not co-operative societies by ten other members, or when there are less than ten other members, by all of them. (1) Substituted by Punjab Act No. 25 of 2014 (2) Inserted by Punjab Act No. 20 of 2021 <a (3) Substituted by Punjab Act No. 20 of 2021 (4) Substituted by Punjab Act No. 20 of 2021 SECTION - 8 (8) Registration :- (1) If the Registrar is satisfied - (a) that the application complies with the provisions of this Act and the rules; (b) that the objects of the proposed society are in accordance with section 4; (c) that the proposed bye-laws are not contrary to the provisions of this Act and the rules; and (d) that the proposed society has reasonable chances of success, the Registrar may register the society and its bye-laws. (2) When the Registrar refuses to register a society, he shall communicate the order of refusal, together with the reasons therefore, to such of the applicants as may be prescribed. (3) The application for registration shall be disposed of by the Registrar within a period of two months from the date of receipt thereof by him. SECTION -9

Section 7 – The punjab co-operative societies act 1961 | DailyLaw.ai