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THE ANDAMAN AND NICOBAR ISLANDS CO-OPERATIVE SOCIETIES REGULATION, 1973

The Andaman and Nicobar Islands Co-operative Societies Regulation, 1973

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Sections

An ACT

Section 1
CHAPTER I

CHAPTER I - PRELIMINARY

Section 2

Section 1. Short title, extent and commencement

Section 1

Section 1(1)

Section 1

Section 1(2)

Section 1

Section 1(3)

Section 1

Section 2. Definitions

Section 2

Section 2(a)

Section 2

Section 2(b)

Section 2

Section 2(c)

Section 2

Section 2(d)

Section 2

Section 2(e)

Section 2

Section 2(e)(i)

Section 2

Section 2(e)(ii)

Section 2

Section 2(f)

Section 2

Section 2(g)

Section 2

Section 2(g)(i)

Section 2

Section 2(g)(ii)

Section 2

Section 2(g)(iii)

Section 2

Section 2(g)(iv)

Section 2

Section 2(g)(v)

Section 2

Section 2(h)

Section 2

Section 2(i)

Section 2

Section 2(j)

Section 2

Section 2(k)

Section 2

Section 2(l)

Section 2

Section 2(m)

Section 2

Section 2(n)

Section 2

Section 2(o)

Section 2

Section 2(p)

Section 2

Section 2(q)

Section 2
CHAPTER CHAPTER

CHAPTER CHAPTER II - REGISTRATION OF CO-OPERATIVE SOCIETIES

Section 32

Section 3. Registrar

Section 3

Section 3(1)

Section 3

Section 3(2)

Section 3

Section 3(3)

Section 3

Section 4. Societies which may be registered

Section 4

Section 4(1)

Section 4

Proviso to Section 4(1)

Section 4

Section 4(2)

Section 4

Section 4(3)

Section 4

Section 5. Restrictions on registration

Section 5

Explanation to Section 5

Section 5

Section 6. Restriction on holding of shares

Section 6

Section 7. Application for registration

Section 7

Section 7(1)

Section 7

Section 7(2)

Section 7

Section 7(2)(a)

Section 7

Section 7(2)(b)

Section 7

Section 7(3)

Section 7

Section 8. Registration

Section 8

Section 8(1)

Section 8

Section 8(1)(a)

Section 8

Section 8(1)(b)

Section 8

Section 8(1)(c)

Section 8

Section 8(1)(d)

Section 8

Section 8(2)

Section 8

Section 8(3)

Section 8

Section 8(4)

Section 8

Section 9. Registration Certificate

Section 9

Section 10. Amendment of bye-laws of co-operative society

Section 10

Section 10(1)

Section 10

Section 10(2)

Section 10

Section 10(2)(i)

Section 10

Section 10(2)(ii)

Section 10

Section 10(2)(iii)

Section 10

Proviso to Section 10(2)

Section 10

Section 10(3)

Section 10

Section 10(4)

Section 10

Section 10(5)

Section 10

Section 10(6)(i)

Section 10

Section 10(6)(ii)

Section 10

Section 10(6)(iii)

Section 10

Section 11. Change of names

Section 11

Section 11(1)

Section 11

Section 11(2)

Section 11

Section 12. Change of liability

Section 12

Section 12(1)

Section 12

Section 12(2)

Section 12

Section 12(3)

Section 12

Section 12(4)

Section 12

Section 12(4)(a)

Section 12

Section 12(4)(b)

Section 12

Section 13. Amalgamation, transfer of assets and liabilities and division of co-operative societies

Section 13

Section 13(1)

Section 13

Section 13(1)(a)

Section 13

Section 13(1)(b)

Section 13

Section 13(2)

Section 13

Section 13(3)

Section 13

Section 13(4)

Section 13

Section 13(5)

Section 13

Section 13(6)

Section 13

Section 13(6)(a)

Section 13

Section 13(6)(b)

Section 13

Section 13(7)

Section 13

Section 14. Cancellation of registration certificates of co-operative societies in certain cases

Section 14

Section 14(1)

Section 14

Section 14(2)

Section 14

Section 14(3)

Section 14

Section 14(4)

Section 14

CHAPTER CHAPTER III - MEMBERS OF CO-OPERATIVE SOCIETIES AND THEIR RIGHTS AND LIABILITIES

Section 101

Section 15. Person who may become members

Section 15

Section 15(1)

Section 15

Section 15(1)(a)

Section 15

Section 15(1)(b)

Section 15

Section 15(1)(c)

Section 15

Section 15(1)(d)

Section 15

Section 15(2)

Section 15

Section 16. Nominal or associate members

Section 16

Section 16(1)

Section 16

Section 16(2)

Section 16

Section 16(3)

Section 16

Section 17. Member not to exercise rights till due payment made

Section 17

Section 18. Votes of members

Section 18

Proviso to Section 18(a)

Section 18

Proviso to Section 18(b)

Section 18

Proviso to Section 18(c)

Section 18

Section 19. Manner of exercising vote

Section 19

Section 19(1)

Section 19

Section 19(2)

Section 19

Section 20. Restriction on transfer of shares or interest

Section 20

Section 21. Transfer of interest on death of member

Section 21

Proviso to Section 21(i)

Section 21

Proviso to Section 21(ii)

Section 21

Proviso to Section 21(iii)

Section 21

Section 21(2)

Section 21

Section 21(3)

Section 21

Section 22. Liability of past member and estate of deceased member

Section 22

Section 22(1)

Section 22

Section 22(1)(a)

Section 22

Section 22(1)(b)

Section 22

Proviso to Section 22(1)

Section 22

Section 22(2)

Section 22

CHAPTER CHAPTER IV - MANAGEMENT OF CO-OPERATIVE SOCIETIES

Section 134

Section 23. Final authority in a co-operative society

Section 23

Section 23(1)

Section 23

Proviso to Section 23(1)

Section 23

Section 23(2)

Section 23

Section 24. Annual general meeting

Section 24

Section 24(a)

Section 24

Section 24(b)

Section 24

Section 24(c)

Section 24

Section 24(d)

Section 24

Section 24(e)

Section 24

Section 24(f)

Section 24

Section 25. Special general meeting

Section 25

Section 25(1)

Section 25

Section 25(2)

Section 25

Section 26. Election and nomination of members of committees

Section 26

Section 26(1)

Section 26

Section 26(2)

Section 26

Section 26(2)(a)

Section 26

Section 26(2)(b)

Section 26

Section 26(3)

Section 26

Section 27. Super-session of committee

Section 27

Section 27(1)

Section 27

Section 27(1)(a)

Section 27

Section 27(1)(b)

Section 27

Section 27(2)

Section 27

Section 27(3)

Section 27

Section 27(4)

Section 27

Section 27(5)

Section 27

Section 28. Securing possession of records etc

Section 28

Section 28(1)

Section 28

Section 28(1)(a)

Section 28

Section 28(1)(b)

Section 28

Section 28(1)(c)

Section 28

Section 28(1)(d)

Section 28

Section 28(2)

Section 28

Section 29. Acts of a co-operative societies not to be invalidated by certain defects

Section 29

CHAPTER CHAPTER V - PRIVILEGES OF CO-OPERATIVE SOCIETIES

Section 171

Section 30. Co-operative societies to be bodies corporate

Section 30

Section 31. First charge of co-operative society on certain assets

Section 31

Section 31(1)

Section 31

Section 31(2)

Section 31

Section 31(3)

Section 31

Section 31(4)

Section 31

Section 32. Charge on immovable property of members borrowing loans from certain societies

Section 32

Section 32(i)

Section 32

Section 32(ii)

Section 32

Section 32(iii)

Section 32

Section 32(iv)

Section 32

Proviso to Section 32(iv)

Section 32

Proviso to Section 32(iv)

Section 32

Section 32(v)

Section 32

Section 32(vi)

Section 32

Section 32(vii)

Section 32

Explanation to Section 32

Section 32

Section 33. Charge and set-off in respect of share or contribution or interest of the members

Section 33

Section 34. Share or contribution or interest not liable to attachment

Section 34

Section 34(1)

Section 34

Section 34(2)

Section 34

Section 35. Register of members

Section 35

Section 35(a)

Section 35

Section 35(b)

Section 35

Section 36. Admissibility of copy of entry as evidence

Section 36

Section 36(2)

Section 36

Section 37. Exemption from compulsory registration of instruments

Section 37

Section 37(1)

Section 37

Section 37(2)

Section 37

Section 37(3)

Section 37

Section 38. Exemption from certain taxes, fees and duties

Section 38

Section 38(a)

Section 38

Section 38(b)

Section 38

Section 38(b)(i)

Section 38

Section 38(b)(ii)

Section 38

Section 38(b)(iii)

Section 38

Section 38(b)(iv)

Section 38

Section 39. Deduction from salary to meet co-operative society's claim in certain cases

Section 39

Section 39(1)

Section 39

Section 39(2)

Section 39

Section 39(3)

Section 39

Section 39(4)

Section 39

Section 39(5)

Section 39

Section 40. Other forms of State aid to co-operative societies

Section 40

Section 40(a)

Section 40

Section 40(b)

Section 40

Section 40(c)

Section 40

Section 40(d)

Section 40

Section 40(e)

Section 40

Section 40(f)

Section 40

CHAPTER CHAPTER VI - PROPERTIES AND FUNDS OF CO-OPERATIVE SOCIETIES

Section 222

Section 41. Funds not to be divided by way of profit

Section 41

Proviso to Section 41

Section 41

Proviso to Section 41

Section 41

Proviso to Section 41

Section 41

Section 42. Contribution to charitable purpose

Section 42

Section 43. Contribution to Co-operative Education Fund

Section 43

Section 44. Investments of funds

Section 44

Section 44(1)

Section 44

Section 44(1)(a)

Section 44

Section 44(1)(b)

Section 44

Section 44(1)(c)

Section 44

Section 44(1)(d)

Section 44

Section 44(1)(e)

Section 44

Section 44(1)(f)

Section 44

Section 44(2)

Section 44

Section 45. Restrictions on loans

Section 45

Section 45(1)

Section 45

Proviso to Section 45(1)

Section 45

Section 45(2)

Section 45

Section 46. Restrictions on borrowing

Section 46

Section 47. Restrictions on other transactions with non-members

Section 47

CHAPTER CHAPTER VII - AUDIT, INQUIRY, INSPECTION AND SURCHARGE

Section 244

Section 48. Audit

Section 48

Section 48(1)

Section 48

Section 48(2)

Section 48

Section 48(3)

Section 48

Section 48(4)

Section 48

Section 48(5)

Section 48

Section 48(5)(a)

Section 48

Section 48(5)(b)

Section 48

Section 48(6)

Section 48

Section 48(7)

Section 48

Section 49. Inspection of co-operative societies

Section 49

Section 49(1)

Section 49

Section 49(2)

Section 49

Section 49(3)

Section 49

Section 50. Inquiry by Registrar

Section 50

Section 50(1)

Section 50

Section 50(2)

Section 50

Section 50(2)(a)

Section 50

Section 50(2)(b)

Section 50

Section 50(2)(c)

Section 50

Section 50(3)

Section 50

Section 50(4)

Section 50

Section 51. Inspection of books of indebted societies

Section 51

Proviso to Section 51(1)(a)

Section 51

Proviso to Section 51(1)(b)

Section 51

Section 51(2)

Section 51

Section 52. Costs of inquiry and inspection

Section 52

Proviso to Section 52(a)

Section 52

Proviso to Section 52(b)

Section 52

Section 53. Recovery of costs

Section 53

Section 54. Surcharge

Section 54

Section 54(1)

Section 54

Proviso to Section 54(1)

Section 54

Section 54(2)

Section 54

CHAPTER CHAPTER VIII - SETTLEMENT OF DISPUTES

Section 279

Section 55. Dispute which may be referred to arbitration

Section 55

Section 55(1)

Section 55

Section 55(1)(a)

Section 55

Section 55(1)(b)

Section 55

Section 55(1)(c)

Section 55

Section 55(1)(d)

Section 55

Section 55(2)

Section 55

Section 55(2)(a)

Section 55

Section 55(2)(b)

Section 55

Section 55(2)(c)

Section 55

Section 55(3)

Section 55

Section 56. Reference of disputes to arbitration

Section 56

Section 56(1)

Section 56

Section 56(1)(a)

Section 56

Section 56(1)(b)

Section 56

Section 56(1)(c)

Section 56

Section 56(2)

Section 56

Section 56(3)

Section 56

Proviso to Section 56(3)

Section 56

Section 56(4)(a)

Section 56

Section 56(4)(b)

Section 56

CHAPTER CHAPTER IX - WINDING UP OF CO-OPERATIVE SOCIETIES

Section 301

Section 57. Winding up of co-operative societies

Section 57

Section 57(1)

Section 57

Section 57(2)

Section 57

Section 57(2)(a)

Section 57

Section 57(2)(b)

Section 57

Section 57(3)

Section 57

Section 57(4)

Section 57

Section 57(5)

Section 57

Section 57(6)

Section 57

Section 58. Liquidator

Section 58

Section 58(1)

Section 58

Section 58(2)

Section 58

Section 58(3)

Section 58

Section 58(4)

Section 58

Section 58(5)

Section 58

Section 59. Powers of liquidator

Section 59

Section 59(1)

Section 59

Section 59(2)

Section 59

Section 59(2)(a)

Section 59

Section 59(2)(b)

Section 59

Section 59(2)(c)

Section 59

Section 59(2)(d)

Section 59

Section 59(2)(e)

Section 59

Section 59(2)(f)

Section 59

Section 59(2)(g)

Section 59

Section 59(2)(h)

Section 59

Section 59(2)(i)

Section 59

Section 59(2)(j)

Section 59

Section 59(2)(k)

Section 59

Section 59(2)(l)

Section 59

Section 59(3)

Section 59

Section 60. Priority of contributions assessed by liquidator

Section 60

Section 61. Power of Registrar to cancel registration of a co-operative society

Section 61

Section 61(1)

Section 61

Section 61(2)

Section 61

CHAPTER CHAPTER IX A - SPECIAL PROVISIONS FOR INSURED CO-OPERATIVE BANKS

Section 337

Section 61A

Section 61A

Section 61A(i)

Section 61A

Section 61A(ii)

Section 61A

Section 61A(iii)

Section 61A

Section 61A(iv)

Section 61A

Section 61A(v)

Section 61A

Explanation to Section 61A

Section 61A

Explanation to Section 61A(i)

Section 61A

Explanation to Section 61A(ii)

Section 61A

Explanation to Section 61A(iii)

Section 61A

Explanation to Section 61A(iii)(a)

Section 61A

Explanation to Section 61A(iii)(b)

Section 61A

Explanation to Section 61A(iii)(c)

Section 61A

Explanation to Section 61A(iv)

Section 61A

CHAPTER CHAPTER X - EXECUTION OF AWARDS, DECREES, ORDERS AND DECISIONS

Section 352

Section 62. Enforcement of charge

Section 62

Proviso to Section 62

Section 62

Section 63. Execution of orders, etc

Section 63

Section 63(a)

Section 63

Section 63(b)

Section 63

Section 64. Execution of orders of liquidator

Section 64

Section 65. Attachment of property before award or order

Section 65

Section 65(a)

Section 65

Section 65(b)

Section 65

Section 66. Registrar or person empowered by him to be civil court for certain purposes

Section 66

Section 67. Recovery of sums due to Government

Section 67

Section 67(1)

Section 67

Section 67(2)

Section 67

Proviso to Section 67(2)

Section 67

CHAPTER CHAPTER XI - APPEALS AND REVISION

Section 367

Section 68. Appeals

Section 68

Section 68(1)(a)

Section 68

Section 68(1)(b)

Section 68

Section 68(1)(c)

Section 68

Section 68(1)(d)

Section 68

Section 68(1)(e)

Section 68

Section 68(1)(f)

Section 68

Section 68(1)(g)

Section 68

Section 68(1)(h)

Section 68

Section 68(1)(i)

Section 68

Section 68(1)(j)

Section 68

Section 68(1)(k)

Section 68

Section 68(2)

Section 68

Section 68(2)(a)

Section 68

Section 68(2)(b)

Section 68

Proviso to Section 68(2)

Section 68

Proviso to Section 68(2)

Section 68

Section 68(3)

Section 68

Section 68(4)

Section 68

Section 68(5)

Section 68

Section 69. Revision

Section 69

Section 70. Inter-locutory orders

Section 70

CHAPTER CHAPTER XII - OFFENCES AND PENALTIES

Section 390

Section 71. Punishment for certain offences

Section 71

Section 71(1)

Section 71

Section 71(1)(a)

Section 71

Section 71(1)(b)

Section 71

Section 71(1)(c)

Section 71

Section 71(1)(d)

Section 71

Section 71(1)(e)

Section 71

Section 71(2)

Section 71

Section 72. Prohibition of use of the word "co-operative" or its equivalent

Section 72

Section 72(1)

Section 72

Proviso to Section 72(1)

Section 72

Section 72(2)

Section 72

Section 73. Punishment for offences not otherwise provided for

Section 73

Section 74. Cognisance of offences

Section 74

Section 74(1)

Section 74

Section 74(2)

Section 74

CHAPTER CHAPTER XIII - MISCELLANEOUS

Section 407

Section 75. Address of co-operative societies

Section 75

Section 76. Copy of Regulation, rules, bye-laws, etc., to be open to inspection

Section 76

Section 77. Power to exempt co-operative societies from conditions as to Registration

Section 77

Section 78. Power to exempt co-operative societies from provisions of the Regulation

Section 78

Section 79. Registrar and other officers to be public servants

Section 79

Section 80. Notice necessary in suits

Section 80

Section 81. Companies Act not to apply

Section 81

Section 82. Savings of existing societies

Section 82

Section 82(1)

Section 82

Section 82(2)

Section 82

Section 83. Bar of jurisdiction of courts

Section 83

Section 83(1)

Section 83

Section 83(1)(a)

Section 83

Section 83(1)(b)

Section 83

Section 83(1)(c)

Section 83

Section 83(1)(d)

Section 83

Section 83(2)

Section 83

Section 83(3)

Section 83

Section 84. Registrar, etc., to have powers of a civil court

Section 84

Section 84(1)

Section 84

Section 84(1)(a)

Section 84

Section 84(1)(b)

Section 84

Section 84(1)(c)

Section 84

Section 84(1)(d)

Section 84

Section 84(2)

Section 84

Section 85. Indemnity

Section 85

Section 86. Power to make rule

Section 86

Section 86(1)

Section 86

Section 86(2)

Section 86

Section 86(2)(i)

Section 86

Section 86(2)(ii)

Section 86

Section 86(2)(iii)

Section 86

Section 86(2)(iv)

Section 86

Section 86(2)(v)

Section 86

Section 86(2)(vi)

Section 86

Section 86(2)(vii)

Section 86

Section 86(2)(viii)

Section 86

Section 86(2)(ix)

Section 86

Section 86(2)(x)

Section 86

Section 86(2)(xi)

Section 86

Section 86(2)(xii)

Section 86

Section 86(2)(xiii)

Section 86

Section 86(2)(xiv)

Section 86

Section 86(2)(xv)

Section 86

Section 86(2)(xvi)

Section 86

Section 86(2)(xvii)

Section 86

Section 86(2)(xviii)

Section 86

Section 86(2)(xix)

Section 86

Section 86(2)(xx)

Section 86

Section 86(2)(xxi)

Section 86

Section 86(2)(xxii)

Section 86

Section 86(2)(xxiii)

Section 86

Section 86(2)(xxiv)

Section 86

Section 86(2)(xxv)

Section 86

Section 86(2)(xxvi)

Section 86

Section 86(2)(xxvii)

Section 86

Section 86(2)(xxviii)

Section 86

Section 86(2)(xxix)

Section 86

Section 86(2)(xxx)

Section 86

Section 86(2)(xxxi)

Section 86

Section 86(2)(xxxii)

Section 86

Section 86(2)(xxxiii)

Section 86

Section 86(2)(xxxiv)

Section 86

Section 86(2)(xxxv)

Section 86

Section 86(2)(xxxvi)

Section 86

Section 86(2)(xxxvii)

Section 86

Section 86(2)(xxxviii)

Section 86

Section 87. Repeal and savings

Section 87

Proviso to Section 87(a)

Section 87

Proviso to Section 87(b)

Section 87

Proviso to Section 87(c)

Section 87

Proviso to Section 87(d)

Section 87