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The Telangana Mutually Aided Co-operative Societies Act, 1995.

Telangana

An Act to provide for the Voluntary formation of Co-operative Societies as accountable, competitive Self Reliant Business Enterprises, based on thrift self help and Mutual Aid and owned managed and controlled by Members for their Economic and Social betterment and for the matters connected therewith or incidental thereto.

Act number
30 of 1995
Department
Agriculture and Cooperation
Enacted
17 May 1995

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

54 sections

  1. Section 1Short title, extent and commencement.
  2. Section 2Definitions.
  3. Section 2ACompetent Authority to make provisions.
  4. Section 3Co-operative Principles and bye-laws.
  5. Section 4Registration.
  6. Section 4AConversion of Society registered under this Act to the Telangana Cooperative Societies Act.
  7. Section 5Registration Certificate.
  8. Section 5ARenewal of Registration.
  9. Section 6Society to be a body corporate.
  10. Section 7Registration with limited or unlimited liability.
  11. Section 8Display of name.
  12. Section 9Rules and Bye-laws.
  13. Section 10Amendment of Bye-Laws.
  14. Section 11Change of liability, transfer of assets and liabilities, division, amalgamation.
  15. Section 12Promotion of subsidiary organisation.
  16. Section 13Creation of new organisation with others.
  17. Section 14Mobilisation of funds.
  18. Section 15Investment of funds outside the business.
  19. Section 16Disposal of surplus.
  20. Section 17Management of deficit.
  21. Section 18Reserve Fund.
  22. Section 19Eligibility for membership.
  23. Section 20General Body.
  24. Section 21Board of Directors.
  25. Section 22Powers and functions of the Board of Directors.
  26. Section 22AApplication of the Telangana Co-operative Societies Act, 1964.
  27. Section 23Elections.
  28. Section 23-ASupersession of the Board.
  29. Section 23-BAppointment of Administrator.
  30. Section 23-CThe conditions of service of the Administrator(s).
  31. Section 24Meetings.
  32. Section 25Staff.
  33. Section 26Accounts and Records.
  34. Section 27Audit and Accounts.
  35. Section 28Special Audit.
  36. Section 29Inquiry.
  37. Section 30Power to summon and examine persons and documents.
  38. Section 30-AService of summons.
  39. Section 31Action on Special Audit or Inquiry Report.
  40. Section 32Constitution of Tribunals.
  41. Section 33Power of the Tribunal to order recovery.
  42. Section 34Filing of returns.
  43. Section 35Rights and privileges.
  44. Section 36Execution of decisions, decrees and orders.
  45. Section 36-AApplication of Chapter XIII A of the Telangana Cooperative Societies Act, 1964.
  46. Section 37Settlement of disputes.
  47. Section 38Offence and penalities.
  48. Section 39Dissolution by members.
  49. Section 40Dissolution by Registrar.
  50. Section 41Appointment of Liquidator.
  51. Section 42Duties of Liquidator.
  52. Section 43Powers of Liquidators.
  53. Section 44Final accounts.
  54. Section 45Fee for services.