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Enacting co-operative act to give legal statuslegal status to co-operatives and

facilitate their working

Co-operative in Maharashtra should workas genuine coworkas genuine co--operativeoperative

according to the accepted co-operative principles

Facilitating the workingworkingof co-operatives and change their basic

character

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Section 3 & 4 Registration procedure of a co-operative society in

Maharashtra

Section 5 Registration of society with limited or unlimited

liability

Section 6/8 Method of registration

Section 9 - Registration

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Sec 10 Certificate of Registration

Sec 12 Classification of all societies as prescribed by rules

Sec 13 Bye-laws of the society

Sec 17- Amalgamation, Transfer, Division orConversion of the

Society

Sec 21 Cancellation of registration

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(Approval of Registrar

( 2/3 majority of members present and voting in special general

meeting held for the purpose

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(Cancellation by Registrar if its affairs are wound up

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Sec 22 who can become a member

Sec 23 Admission to membership under provisions of the Act and

bye-laws

Sec 24 Admission of a person as a nominal, associate or a

sympathiser member

Sec 25 Cessation of Membership

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Sec 26 & 27 Rights of Membership & Liabilities of a Membership

Sec 33 Liability of past member

Sec 35 Expulsion of Members

Sec 36 Duties and Privileges of Societies

Sec 38 Register of Members

Sec 50 State-Aid to Societies

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Becomes a legal person

Use of seal to enter into contract

Power to acquire, hold and dispose off property

Power to enter into contract, institute and defend legal suits

Get exemption from registration fee, sales tax, court fee, etc.

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Make bye-laws regarding address of society and its branches, share capital,

other particulars as may be prescribed

Forbidding the members to take higher interest deposit more than 15 years

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` Sec 64 Property and Funds of Societies

` Sec 66 Reserve Fund

` Sec 67 Dividend

` Sec 69 Education Fund

` Sec 70 Investment of Funds

` Sec 71 Employees Provident Fund

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Sec 72 Management of Societies

Sec 73 Committee and Its Powers and Functions

Sec 73 ID Cease of post of president, vice-president, chairman, secretary

Sec 74 Qualification for appointment of Officers

Sec 75 Annual General Meetings

Sec 76 Special General Meeting

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Cease of the post of president, vice-president, chairman, secretary

If a motion of confidence is passed at the meeting of the committee by

simple majority

Recent amendment of the year 2000 Mgmt body responsible for sort of

losses incurred by the society during their term

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Sec 73A Disqualification of designated officer

Sec 73 B Reservation of seats of committees of certain society for SCs and STs

Sec 73 F Eligibility of reappointment or reduction as member of committee

Sec 73 H Responsibility of committee to hold elections before expiry of the term

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General meeting within a period of 3 months

At every AGM, committee shall lay before society a statement of loans given to

any of the members of the committee

Attached balance sheet in general meeting

Report by its committees state of society affairs, reserve fund amts, bonus,

way of dividend payment

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At every AGM, P & L A/c has to be placed for adoption

If default is made, Registrar may order to call such meeting and

If failed he may impose a penalty

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Sec 77 Appointment of member of committee

Sec 79 Direction by Registrar to any society for keeping proper books of accounts

Sec 83 Enquiry by the Registrar

Sec 89 Authority of Registrar to summon and enforce attendance of any person, etc.

Sec 90 Authority of State Govt to constitute co-operative federal authority for

supervision of society and working of the society

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Inquiry into the constitution, working and financial condition of the society

On his own motion

On the application of one-third of the members of the society

Deposit of minimum Rs. 100 asking for such an inquiry

At the time of enquiry punishment of Rs. 500 can be extended in case of non

availability of necessary documents

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` Sec 91

Any dispute touching the constitution or election of committee, conduct of general meeting,

management of business of society

Referred by any of the parties to the dispute to the co-operative court

A claim either by or against a society for any debt or demand due to it from member or a past

member or a servant

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` Sec 91 A

State Govt by notification can constitute one or more co-operative courts for the adjudication of

disputes under sec 91 or sec 105

A co-operative court jurisdiction to whole state or any part of the state

All disputes pending before Registrar as per old Act transferred to Co-operative Court

Court may proceed to hear and dispose the cases

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Sec 92 - - Limitation period

Sec 93 Transfer of disputes from one co-operative court to another

Sec 94 Procedure for settlement of disputes and powers of co-operative

courts

Sec 95 Court can direct conditional property attachment

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Sec 97 Appeal of any aggrieved party to the co-operative appellate court

Sec 101 Recovery of arrears due to certain societies as arrears of land

revenue

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Sec 102 Winding up

Sec 105 Powers of Liquidator

Sec 106 - Effect of order of winding up

Sec 108 Audit of Liquidators amount

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Sec 145 every person contravening the provisions punishment with fine may

extend to Rs. 500

Sec 146 offences like transfer of property or interest in contravention of sub

section 2 of 47, 49 (2)

Sec 147 Punishment for offences under section 146

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Sec 149, 150, 151, 152 Appeal procedure, Review of orders, Powers of

Appellate Court, to have powers of Civil Court

Sec 152 deals only with appeals