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Andhra Pradesh Co-Operative Societies Act, 1964

Andhra Pradesh Co-Operative Societies Act, 1964

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Sections

CHAPTER I

CHAPTER I

Section 1

1. Short title, extent and commencement.

Section 1

2. Definitions.

Section 2
CHAPTER II

CHAPTER II

Section 4

3. Appointment of Registrar and other persons for the purpose of this Act.

Section 3

4. Society which may be registered.

Section 4

5. Registration with limited or unlimited liability.

Section 5

8. Registration certificate.

Section 8

9. Society to be a body corporate.

Section 9

9B. De-Registration of a society.

Section 9B

9C. Appointment and Powers of the Official Assignee.

Section 9C

10. Change of name of society.

Section 10

11. Change of liability.

Section 11

12. Transfer of assets and liabilities, division, amalgamation and conversion of a society.

Section 12

13. Exercise of option by members and creditors.

Section 13

14. Effect of transfer, division and amalgamation.

Section 14

16. Amendment of bye-laws of a society.

Section 16

17. Partnership of societies.

Section 17

18. Classification.

Section 18
CHAPTER III

CHAPTER III

Section 20

19. Eligibility for membership.

Section 19

21. Disqualification for membership of society.

Section 21

22. Right of members to services by society and application for redress:

Section 22

23. Expulsion of Members.

Section 23

24. Members not to exercise rights till payments are made.

Section 24

25. Vote and manner of its exercise.

Section 25

26. Restriction on holding of shares.

Section 26

27. Restrictions on transfer of shares or interest.

Section 27

28. Transfer of interest on death of a member.

Section 28

29. Liability of past member and estate of deceased member.

Section 29
CHAPTER IV

CHAPTER IV

Section 31

30. Ultimate authority of society.

Section 30

31. Constitution of committees.

Section 31

32. General meetings and committee meetings.

Section 32

32B. Devolution of the powers and functions of the President or Vice-President.

Section 32B

33. Nominee of the Government on the Committee.

Section 33

34. Supersession of the committee.

Section 34
CHAPTER V

CHAPTER V

Section 38

35. First charge of a society on certain movable assets of a member for the amount due by him.

Section 35

36. Charge on the immovable property of a member for the loans borrowed.

Section 36

37. Deduction from salary or wages.

Section 37

38. Charge and set-off in respect of shares or interest of members in the capital, etc., of a society.

Section 38

39. Share or interest, etc., not liable to attachment.

Section 39

40. Right to set-off where a registered society purchases immovable property at a sale under the Andhra Pradesh Revenue Recovery Act, 1864, for any amount due to it.

Section 40

41. Exemption from certain taxes, duties and fees.

Section 41

42. Exemption from compulsory registration of instruments.

Section 42
CHAPTER VI

CHAPTER VI

Section 47

43. State aid to Societies.

Section 43

44. Funds other than net profits not to be divided among members.

Section 44

45. Disposal of [x x x] profits.

Section 45

46. Investment of funds.

Section 46

47. Restrictions on borrowings and loans.

Section 47

48. Restrictions on other transactions with non-members.

Section 48

49. Provident Fund.

Section 49
CHAPTER VII

CHAPTER VII

Section 55

50. Audit.

Section 50

52. Inspection.

Section 52

53. Inspection of books by financing bank or federal society.

Section 53

54. Rectification of defects in audit, inquiry or inspection.

Section 54

55. Power to summon and examine documents and persons etc.

Section 55

56. Cost of inquiry and inspection.

Section 56

57. Society to pay certain expenses.

Section 57

59. Suspension of officer or servant of society.

Section 59

60. Surcharge.

Section 60
CHAPTER VIII

CHAPTER VIII

Section 65

61. Disputes which may be referred to the Registrar.

Section 61

62. Action to be taken by the Registrar on such reference.

Section 62

63. Powers of financing bank to proceed against members of a society for recovery of moneys due to it from such society.

Section 63
CHAPTER IX

CHAPTER IX

Section 69

64. Winding up of Societies.

Section 64

65. Appointment of liquidator.

Section 65

66. Power of the liquidator.

Section 66

67. Restriction on alienation of property by a member of a society under winding up.

Section 67

68. Cancellation of registration of a society.

Section 68

69. Restoration of a society wound up.

Section 69

69B. Disposal of surplus assets.

Section 69B
CHAPTER X

CHAPTER X

Section 77

70. Power of the Registrar to recover certain amount by attachment and sale of property and execution of orders.

Section 70

72. Registrar or person authorised by him to be a Civil Court for certain purposes.

Section 72

73. Attachment of property before decision or order.

Section 73

74. Recovery of amounts due to Government.

Section 74
CHAPTER XI

CHAPTER XI

Section 82

77. Revision.

Section 77

78. Review.

Section 78
CHAPTER XII

CHAPTER XII

Section 85

79. Punishment for furnishing false return or information, disobeying summons or other lawful order, requisition, or direction, or for acting in contravention of Section 35 or Section 36 or for failure to produce books etc..

Section 35

80. Prohibition of the use of the word 'co-operative' or its equivalent.

Section 80

81. Punishment for failure to give effect to decision or order.

Section 81

82. Punishment for offences not otherwise provided for.

Section 82

83B. Presumption as to commission of offences in certain cases.

Section 83B

83C. Presumption as to statements.

Section 83C
CHAPTER XIII

CHAPTER XIII

Section 92

84. Definitions.

Section 84

85. Application of chapter to [Financing Bank/Primary Agricultural Co-operative Society] .

Section 85

86. Appointment of Trustee and his Powers and functions.

Section 86

87. Trustee to be a corporation sole.

Section 87

88. Issue of debentures by the Board.

Section 88

89. Charges of debenture-holders on certain properties.

Section 89

90. Guarantee by Government of principal of, and interest on, debentures.

Section 90

91. Other guarantee by Government.

Section 91

92. Priority mortgage over certain claims.

Section 92

93. Right of [Financing Bank/Primary Agricultural Co-operative Society] or of the [Andhra Pradesh State Co-operative Bank Limited] to purchase mortgaged property.

Section 93

95. Power of [Financing Bank/Primary Agricultural Co-operative Society] to receive moneys and grant discharges.

Section 95

96. Right of 96. Right of [Financing Bank/Primary Agricultural Co-operative Society] to pay prior debts of mortgagor: [Financing Bank/Primary Agricultural Co-operative Society] to pay prior debts of mortgagor.

Section 96

97. Power of [Financing Bank/Primary Agricultural Co-operative Society] to advance loans and to hold lands.

Section 97

98. Mode of dealing with applications for loans.

Section 98

99. Order granting loan conclusive of certain matters.

Section 99

100. Recovery of loans by [Financing Bank/Primary Agricultural Co-operative Society] .

Section 100

101. Recovery of loans on certificate by Registrar.

Section 101

102. Collector to make recoveries during a certain period.

Section 102

103. Distraint and sale.

Section 103

104. Power of sale when to be exercised.

Section 104

105. Powers of [Financing Bank/Primary Agricultural Co-operative Society] where mortgaged property is destroyed or security becomes insufficient.

Section 105

106. Power of Board or Trustee to distraint and sell all property, etc..

Section 106

107. Title of purchaser not to be questioned on ground of irregularity, etc.

Section 107

108. Mortgage not to be questioned on insolvency of mortgagor.

Section 108

109. Appointment of receiver and his powers.

Section 109

110. Mortgagor's power to lease.

Section 110

111. Registration of documents executed on behalf of [Financing Bank/Primary Agricultural Co-operative Society] or of the [Andhra Pradesh State Co-operative Bank Limited] .

Section 111

112. Delegation of certain powers by Board.

Section 112

113. Sections 102, 103 and 104 of the Transfer of Property Act, 1882, to apply to notices under this Chapter.

Section 113

115. Power of the Board to supervise and make regulation.

Section 115

115A. Definitions.

Section 115A

115B. Special provisions applicable to eligible Co-operative Banks.

Section 115B
CHAPTER XIV

CHAPTER XIV

Section 125

116. Powers of Registrar to appoint supervisory staff.

Section 116

116AA. Abolition of Centralised services for certain categories of employees.

Section 116AA

118. Address of society.

Section 118

119. Copy of Act, Rules, Bye-laws, etc. to be open to inspection.

Section 119

120. Power to summon witnesses and requisition documents.

Section 120

121. Bar of jurisdiction of Court.

Section 121

122. Power to exempt societies from conditions of Registration.

Section 122

123. Power to exempt class of societies.

Section 123

124. Register of members.

Section 124

125. Proof of entries in society's books.

Section 125

126. Notice necessary in suits.

Section 126

127. Acts of societies not to be invalidated by certain defects.

Section 127

128. Protection of acts done in good faith.

Section 128

129. Certain Acts not to apply.

Section 129

130. Power to make rules.

Section 130

131. Power of Government to give directions.

Section 131

132. Repeal and savings.

Section 132

133. Act to override other laws.

Section 133

134. Power to remove difficulties.

Section 134