Amendment status not verified — confirm the current text below against the official source.
(1) If the Registrar is satisfied that an application for registra- Registration. tion of a co-operative society and its by-laws is in accordance with the provisions of this Act and the rules, he shall, unless for reasons to be recorded in writing he thinks fit to refuse, register the co-operative society and its by-laws within the period mentioned in sub-section (4) of section 13. (2) If the Registrar fails to dispose of the application for registration of a co-operative society and its by-laws or if registration thereof is refused by him, he shall transfer the application to the Registration Council as required under sub-section (5) of section 13.