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  • the telangana-mutually-aided-co-operative-societies-act-1995-664c7c7cad9dd371756ed065
Bare Acts

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

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.

English PDF

Act Details

Act Number:

30

Act Year:

1995

Location:

Telangana

Enactment Date:

5/17/1995

Department:

Department of Agriculture and Cooperation

Full List of Sections

Section 1 to Section 45

Section 1

Short title, extent and commencement.

Section 2

Definitions.

Section 2A

Competent Authority to make provisions.

Section 3

Co-operative Principles and bye-laws.

Section 4

Registration.

Section 4A

Conversion of Society registered under this Act to the Telangana Cooperative Societies Act.

Section 5

Registration Certificate.

Section 5A

Renewal of Registration.

Section 6

Society to be a body corporate.

Section 7

Registration with limited or unlimited liability.

Section 8

Display of name.

Section 9

Rules and Bye-laws.

Section 10

Amendment of Bye-Laws.

Section 11

Change of liability, transfer of assets and liabilities, division, amalgamation.

Section 12

Promotion of subsidiary organisation.

Section 13

Creation of new organisation with others.

Section 14

Mobilisation of funds.

Section 15

Investment of funds outside the business.

Section 16

Disposal of surplus.

Section 17

Management of deficit.

Section 18

Reserve Fund.

Section 19

Eligibility for membership.

Section 20

General Body.

Section 21

Board of Directors.

Section 22

Powers and functions of the Board of Directors.

Section 22A

Application of the Telangana Co-operative Societies Act, 1964.

Section 23

Elections.

Section 23A

Supersession of the Board.

Section 23B

Appointment of Administrator.

Section 23C

The conditions of service of the Administrator(s).

Section 24

Meetings.

Section 25

Staff.

Section 26

Accounts and Records.

Section 27

Audit and Accounts.

Section 28

Special Audit.

Section 29

Inquiry.

Section 30

Power to summon and examine persons and documents.

Section 30A

Service of summons.

Section 31

Action on Special Audit or Inquiry Report.

Section 32

Constitution of Tribunals.

Section 33

Power of the Tribunal to order recovery.

Section 34

Filing of returns.

Section 35

Rights and privileges.

Section 36

Execution of decisions, decrees and orders.

Section 36A

Application of Chapter XIII A of the Telangana Cooperative Societies Act, 1964.

Section 37

Settlement of disputes.

Section 38

Offence and penalities.

Section 39

Dissolution by members.

Section 40

Dissolution by Registrar.

Section 41

Appointment of Liquidator.

Section 42

Duties of Liquidator.

Section 43

Powers of Liquidators.

Section 44

Final accounts.

Section 45

Fee for services.

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