Bare ActsThe Telangana Co-operative Societies Act, 1964.

Section 27

For ―ten‖, substituted ―twenty one‖ by G

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

For ―ten‖, substituted ―twenty one‖ by G.O.Ms.No.53, Agriculture & Co-operation (Coop.II) Department, dated. 20.05.2016. [Act No.7 of 1964] 9 (c) where the objects of the society include the raising of funds to be lent to its members and where all the applicants are individuals, the applicants shall reside or own immovable property in the same town, village or group of villages or belong to the same class or pursue the same occupation: Provided that in the case of a society with unlimited liability, the members thereof shall reside in the same town, village or group of villages; 28[(cc) where the objects of the Society include production and sales activity by supplying raw-material to members for production of finished products and where all applicants are individuals such applicants shall reside in the area of operations proposed for the society and belong to the same class or pursue the same occupation; and it shall also be competent for the Government to specify by order such other class of societies the applicants of which shall reside in the area of operations as aforesaid and belong to the same class or pursue the same occupation;] (d) the application shall be signed- (i) if the applicants are individuals, by every one of such applicants; and (ii) if the applicant is a society, by a member duly authorised in this behalf by such society. (3) Where any question arises under clause (c) of sub- section (2) as to the residence, ownership, group of villages, class or occupation, such question shall be decided by the Registrar, whose decision thereon shall, subject to the provisions of section 76, be final.

Section 27 – The Telangana Co-operative Societies Act, 1964. | DailyLaw.ai