Bare ActsThe West Bengal Co-operative Societies Act, 2006

Section 129

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

(1) Notwithstanding anything contained in the Registration Act, 1908, it shall not be necessary for a trustee or for any officer of a Co-operative agriculture and rural development bank or Co-operative bank or primary credit Co-operative society or West Bengal State Co-operative agriculture and rural development bank or any apex Co-operative society or any co-operative society to appear in person or by agent at any registration office in any proceeding connected with registration of any instrument executed by him in his official capacity or to sign as provided in section 58 of that Act. (2) Where any such instrument is presented for registration, the registering officer may, if he thinks fit, refer to the trustee or to the officer, as aforesaid for any information relating thereto and, on being satisfied about the execution thereof, shall register such instrument. Title of purchaser not to be questioned. Appointment of Receiver. Power of Co- operative bank or the Co-operative societies etc., if mortgaged property is destroyed or security becomes insufficient Power of trustee or West Bengal State Co-operative and rural development bank to direct or to take certain action. Officers of agriculture and rural development bank etc. not to bid on personal account at sales. Exemption from personal attendance. 4 of 1882. 16 of 1908. PART III] THE KOLKATA GAZETTE, EXTRAORDINARY, MAY 25, 2010 73 Power to Co- operative agriculture and rural development bank etc. to receive money notwithstanding transfer of mortgage deed to West Bengal State Co-operative agriculture and rural development bank etc. Mortgage executed by members of joint Hindu family. Special provisions for Co-operative agriculture and rural development bank to apply to branches of West Bengal State Co- operative agriculture and rural development bank. Provision of sections 126, 127 and 130 to apply to loans issued against Gehan. Special provisions for Urban Co- operative Bank. The West Bengal Co-operative Societies Act, 2006. (Chapter MIL—Special provision for Co-operative agriculture and rural development bank, Central Co-operative bank, primary credit Co-operative society and apex housing society.—Sections 130-134.)

Section 129 – The West Bengal Co-operative Societies Act, 2006 | DailyLaw.ai