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The Assam Co-operative Societies Rules, 1953

The Assam Co-operative Societies Rules, 1953

Raw JSON API

Sections

1. Short title.

Section 1

2. Definitions.

Section 2

3. Restriction on acquisition of shares in society.

Section 3

4. Change of liability.

Section 4

5. Application for registration.

Section 5

6. Conditions of registration of a society and refusal to register.

Section 6

7. Restriction and limit of membership.

Section 7

8. Provisions in the bye-laws of the society.

Section 8

9. Amendment of bye-laws.

Section 9

10. Mode of amendment of bye-laws.

Section 10

11. Amendment of bye-laws at the direction of the Registrar.

Section 11

12. Amendment of bye-laws at the suggestion of affiliating society or financing Bank.

Section 12

13. Adoption of rules of procedure.

Section 13

14. Non-official helpers.

Section 14

15. Exercise of rights of membership.

Section 15

16. Disqualification for voting.

Section 16

17. Promoters of unlimited liability society and member of all other societies, seeking loan to furnish information as to financial position.

Section 17

18. The manner of recalling a loan not utilised for the purpose for which advanced.

Section 18

19. Restrictions on transfer of share or interest.

Section 19

20. Nomination of Transferee.

Section 20

21. Procedure for calculating the value of shares or interest of ceased members.

Section 21

22. Manner of determining value of land.

Section 22

23. Chairman of the general meeting.

Section 23

24. Quorum of meetings of general assembly.

Section 24

25. Voting in meeting of general assembly.

Section 25

26. Records of meetings.

Section 26

27. Election and Recruitment of Directors in a Co-operative Society.

Section 27

28. Election of Directions in a Society having Managing Bodies other than Elected ones.

Section 28

29. Appointment of directors by the Registrar.

Section 29

30. Qualification of members of Administrative Council and Managing Committee.

Section 30

31. Disqualification for membership of Administrative Council and Managing Body.

Section 31

32. Cessation of membership of Administrative Council and Managing Body.

Section 32

33. Removal expulsion, etc. of the Secretary, Treasurer, Directors and other office-bearers.

Section 33

34. Proceeding of convening meetings of the Administrative Council and the Managing Body.

Section 34

35. Powers of the Administrative Council and Managing Body.

Section 35

36. Duties of the Administrative Council and the Managing Body.

Section 36

37. Deputation of a Government servant to manage the affairs of a co-operative society.

Section 37

38. Duties of Executive Officer.

Section 38

39. Procedure in case of difference of opinion.

Section 39

40. Executive Office - Cost of his service, withdrawal, etc.

Section 40

41. Suspension or supersession of an Administrative Council, a managing or any other body.

Section 41

42. Appointment of person or persons to manage the affairs of a society.

Section 42

43. Documents to be kept open to inspection.

Section 43

44. Rights of members of co-operative society with unlimited liability to see accounts.

Section 44

45. Fees for inspection of documents, bye-laws, etc.

Section 45

46. Fees for certified copies of documents.

Section 46

47. Borrowing limit.

Section 47

48. Restriction of borrowings of society with unlimited liability.

Section 48

49. Restriction on borrowing of limited liability society.

Section 49

50. Restrictions on borrowings by societies.

Section 50

51. Provision for fluid resources or liquid covers.

Section 51

52. Registrar's power to permit a decrease in the proportion of fluid resources, etc.

Section 52

53. Restriction on issue of loans.

Section 53

53A. Interest on short term agricultural loan not to exceed the principal loan.

Section 53A

54. Maximum and normal credit to members.

Section 54

54A. Declaration of charge.

Section 54A

54B. Procedure of registration of mortgage deeds.

Section 54B

55. Investment of fund.

Section 55

56. Reserve Fund and its subject.

Section 56

57. Creation of reserve fund in a society.

Section 57

58. Use of reserve fund in the business of a society.

Section 58

59. Contribution to charitable purposes.

Section 59

60. Charitable purposes.

Section 60

61. Distribution of net profits.

Section 61

62. Patronage dividend or rebate.

Section 62

63. Payment of bonus or remuneration.

Section 63

64. Provision for bad and doubtful debts.

Section 64

65. Provision for building fund.

Section 65

66. Payment of interest on share capital.

Section 66

67. Explanation of bad or doubtful asset.

Section 67

68. Writing off of bad debts.

Section 68

69. Date of audit of co-operative society.

Section 69

72. Form of Audit Statements.

Section 72

73. Audit fee.

Section 73

74. Collection and assessment of audit fees.

Section 74

75. Chief Auditor.

Section 75

76. Employment of staff for audit.

Section 76

77. Audit classification.

Section 77

78. Audit of societies under liquidation.

Section 78

79. Procedure of enquiry under Section 60 and inspection under Section 61.

Section 60

80. Inspection of affiliated societies by members of the paid staff of financing bank.

Section 80

82. Dispute and appointment of arbitrators.

Section 82

83. Persons qualified to be appointed as arbitrators.

Section 83

84. Payment of remuneration to arbitrators.

Section 84

85. Payment of expenses of disputes referred to the Registrar.

Section 85

86. Reference of a dispute.

Section 86

87. Fee for filing a dispute.

Section 87

88. Procedure of disposal or dispute.

Section 88

89. Decision or award.

Section 89

90. Withdrawal of a reference by the Registrar.

Section 90

91. Execution of decision or award.

Section 91

92. Disposal of records.

Section 92

93. Certified copy.

Section 93

94. Procedure for conditional attachment of property.

Section 94

95. Obligatory cancellation of registration.

Section 95

96. Remuneration of liquidators.

Section 96

97. Procedure of taking over charge and preparation of final balance sheet.

Section 97

98. Issue of summons, notice, etc. by a liquidator.

Section 98

99. Distribution of assets and priority of claims.

Section 99

100. Termination of liquidation proceedings obligatory on the Registrar in certain cases.

Section 100

101. Disposal of the records of liquidation proceedings.

Section 101

102. Charge and Surcharge.

Section 102

103. Gross negligence.

Section 103

1. The name of the proposed society.........

Section 1

2. The registered address of the society is Village/Town, Post Office ............ Mauza/Chowkidari Circle, Thana.............. Subdivision............. district..........

Section 2

3. The liability of the members shall be limited/unlimited..........

Section 3

4. The area of operation..........

Section 4

5. The object of the society........

Section 5

6. Language in which the books and account will be kept.............

Section 6

7. Four copies of proposed bye-laws signed by President of the inaugural meeting are sent herewith.............

Section 7

8. Each member shall pay an admission fee of and subscribe to at least one share of nominal value of Rs.........

Section 8

9. A copy of the proceedings of the inaugural meeting of the proposed society is enclosed herewith............

Section 9

10. Three copies of the application for registration with signatures of the applicants and particulars as required, are submitted in the prescribed form..............

Section 10

1. Serial No.

Section 1

2. Name of the mortgagor.......

Section 2

3. Father's name

Section 3

4. Date of execution of mortgage deed

Section 4

5. Name of village where land is situated

Section 5

6. Name of Mouza

Section 6

7. Name of Sub-Registrar's Office

Section 7

8. Patta No.

Section 8

9. Dag No.

Section 9

10. Boundary

Section 10

11. Area

Section 11

12. Amount of land revenue

Section 12

13. Approximate value

Section 13

14. Amount of loan

Section 14

15. Date of submission to the Sub-Registrar

Section 15

16. Registration No. and date as indicated by sub-Registrar.

Section 16

17. Remarks

Section 17

1. Name of the Society...........

Section 1

2. Address........

Section 2

3. Registration No. and Date...........

Section 3

4. Assessment year of Audit fee............

Section 4

5. Total capital .........

Section 5

6. Funds separately invested...........

Section 6

7. Net working capital to the nearest hundred rupees (Sec Rule 36(3)], i.e. item 5 minus item 6..........

Section 36

8. Rate of Audit Fee per hundred of rupees (See Rule 36(4)...........

Section 36

9. Provisional assessment of Audit Fee-payable to the nearest rupee...........

Section 9

10. Deduction or addition on account of previous year's over or under payment (See item 14 of previous year's assessment...............

Section 10

11. Total amount due (Items 9 and 10)............

Section 11

12. Amount paid vide Receipt and Chalan (Give Nos. and dates) to be filled in by auditing officer...........

Section 12

13. Final order of assessment by Regional Auditor................

Section 13

14. Remarks of Regional Auditor to State amount of refund or extra payment due in next year's audit)................. Submitted to the Auditor of Co-operative Societies............. (Through the Co-operative Branch of the Development Oil ice).............

Section 14

1. Chairman

Section 1

2. Secretary, Committee members

Section 2