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The Chhattisgarh Co-Operative Societies Act, 1960

The Chhattisgarh Co-Operative Societies Act, 1960

Raw JSON API

Sections

1. Short title, extent and commencement.

Section 1

2. Definitions.

Section 2

3. Registrar and other officers.

Section 3

4. Societies which may be registered.

Section 4

5. Registration of societies with limited or unlimited liability.

Section 5

6. Conditions of registration.

Section 6

7. Application for registration.

Section 7

8. Power of Registrar to decide certain questions.

Section 8

9. Registration.

Section 9

10. Classification of Societies.

Section 10

11. Amendment of bye-laws of a society.

Section 11

12. Power to direct amendment of bye-laws.

Section 12

13. Change of name.

Section 13

14. Certain certificates to be conclusive evidence.

Section 14

15. Change of liability of society from limited to unlimited or vice-versa.

Section 15

16. Reorganisation of Societies.

Section 16

16A. Collaboration by Societies.

Section 16A

16B. Partnership of societies.

Section 16B

17. Compromise or arrangement for repayment of liabilities and reconstruction of societies.

Section 17

17A. Action and liability of Banks under moratorium.

Section 17A

17B. Liability of new Bank to repay to the Deposit Insurance Corporation.

Section 17B

18. Cancellation of registration.

Section 18

18A. De-registration of Societies.

Section 18A

19. Persons who may become members.

Section 19

19A. Disqualifications of member.

Section 19A

19B. Effect of subsequent disabilities.

Section 19B

19C. Expulsion of members.

Section 19C

20. Nominal members.

Section 20

21. No rights of membership to be exercised till due payments are made.

Section 21

22. Votes of members.

Section 22

23. Manner of exercising vote.

Section 23

24. Restriction on holding of share capital by a member.

Section 24

25. Restrictions on transfer of shares or interest.

Section 25

26. Transfer of interest on death of member.

Section 26

27. Share or deposit or interest not liable to attachment.

Section 27

28. Rights of members to see books, etc.

Section 28

29. Liability of a past member or estate of deceased member.

Section 29

30. Insolvency of members.

Section 30

31. Societies to be bodies corporate.

Section 31

32. Address of society and display of name.

Section 32

33. Register of members.

Section 33

34. Proof of entries in society's books.

Section 34

34A. Societies to give pass books to member.

Section 34A

35. Exemption from compulsory registration of instruments.

Section 35

36. Borrowings.

Section 36

37. Restrictions on loans.

Section 37

38. Restrictions on other transactions with non-members.

Section 38

39. Charge and set-off in respect of share or interest of members.

Section 39

40. Prior claim of society on certain assets.

Section 40

41. First charge of co-operative societies on certain assets.

Section 41

41A. Right of society to acquire and dispose of immovable property.

Section 41A

42. Deduction from salary to meet society's claim in certain cases.

Section 42

43. Funds and profits.

Section 43

43A. Appropriation of profits.

Section 43A

43B. Liability for deficit.

Section 43B

44. Investment of funds.

Section 44

45. Grant of State aid to societies.

Section 45

46. Employees' Provident Fund.

Section 46

47. Power to direct affiliation to Federal Society.

Section 47

47A. Apex Society.

Section 47A

48. Final authority in society.

Section 48

48A. Disqualification for holding specified office.

Section 48A

48AA. Disqualification for membership of Board of Directors and for representation.

Section 48AA

48B. Representatives and Delegates.

Section 48B

48C. Powers of committee.

Section 48C

49. Annual General Meeting.

Section 49

49B. Annulment of proceedings of society by successor committee.

Section 49B

49C. Government's powers to give directions in public interest, etc.

Section 49C

49D. Registrar's power to give directions to make regulations.

Section 49D

49E. Appointment of Managing Director and Chief Executive Officer in certain circumstances.

Section 49E

50. Special General Meeting.

Section 50

50A. Disqualification for being candidate or voter for election to committee or representative or delegate of society.

Section 50A

51. Validation of acts.

Section 51

52. Power to appoint Government nominees.

Section 52

52B. Representation of women members on committee.

Section 52B

53. Supersession of committee.

Section 53

53A. Taking over of charge.

Section 53A

53B. Power of the Registrar to remove an Officer of a society in certain circumstances.

Section 53B

54. Appointment of Managers, Secretaries and other officers.

Section 54

55. Registrar's power to determine conditions of employment in societies.

Section 55

56. Registrar's power to enforce performance of obligation.

Section 56

57. Registrar's power to seize records, etc.

Section 57

57A. Taking possession of record and property.

Section 57A

57B. Management of short term Co-operative Credit Structure Societies.

Section 57B

57C. Insured Co-operative Bank.

Section 57C

58A. Audit Board.

Section 58A

58B. Procedure for making good, losses caused to a society.

Section 58B

59. Inquiry.

Section 59

59A. Duty of certain persons to assist enquiry.

Section 59A

60. Inspection of books of society.

Section 60

61. Rectification of defects.

Section 61

62. Costs of inquiry.

Section 62

63A. Expenditure on proceedings, etc.

Section 63A

64. Disputes.

Section 64

65. Limitation.

Section 65

66. Settlement of dispute.

Section 66

67. Procedure for settlement of disputes and power of Registrar, his nominee or board of nominees.

Section 67

68. Attachment before award.

Section 68

69. Winding up of Societies.

Section 69

69A. Winding up of Co-operative Bank.

Section 69A

69B. Reimbursement of Deposit Insurance Corporation in case of Insured Bank.

Section 69B

70. Appointment of Liquidator.

Section 70

70A. Control of liquidator.

Section 70A

71. Powers of Liquidator.

Section 71

72. Disposal of surplus assets of liquidated societies.

Section 72

73. Prohibition of use of word 'Co-operative'.

Section 73

74. Offences.

Section 74

75. Penalties for offences.

Section 75

76. Cognizance of offences.

Section 76

77. Chhattisgarh State Co-operative Tribunal.

Section 77

77A. Review.

Section 77A

77B. Tribunal to exercise powers of a civil court.

Section 77B

78. Appeals before the Registrar and Tribunal.

Section 78

78A. Extension of period of limitation by appellate authority in certain cases.

Section 78A

79. No appeal or review in certain cases.

Section 79

80. Transferor withdrawal of cases.

Section 80

80A. Power of Registrar to call for proceedings of subordinate officers and board of a society and to pass order thereon.

Section 80A

80B. Power to make interlocutory orders.

Section 80B

80C. Stay of execution of orders.

Section 80C

80D. Transfer of pending cases.

Section 80D

81. Recovery of sums due to Government.

Section 81

81A. Power of financing bank to proceed against defaulting members of co-operative society.

Section 81A

82. Bar of jurisdiction of Courts.

Section 82

83. Recovery of costs.

Section 83

84. Enforcement of charge.

Section 84

84A. Recovery of sums due to certain societies.

Section 84A

85. Execution of orders, etc.

Section 85

85A. Manner of executing order to deliver possession of immovable property.

Section 85A

86. Service of notice.

Section 86

87. Registrar and other officers etc. to be public servants.

Section 87

88. Indemnity for acts done in good faith.

Section 88

89. Powers of Civil Courts.

Section 89

90. Registrar or person empowered by him to be a Civil Court for certain purposes.

Section 90

92. Companies Act not to apply.

Section 92

93. Certain other Acts not to apply to Co-operative Societies.

Section 93

94. Notice necessary in suits.

Section 94

95. Power to make rules.

Section 95

96. Repeal and savings.

Section 96