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Multi-State Cooperative Societies Act, 1984

Sections Particulars
Chapter I Preliminary
1 Short title, extent and commencement
2 Application
3 Definitions
Chapter II Central Registrar and Registration of Societies
4 Central Registrar
5 Multi-State Cooperative Societies which may be registered
6 Application for registration
7 Registration
8 Registration certificate
9 Amendment of bye-laws of a multi-State Cooperative Society
10 When amendment of bye-laws comes into force
11 Change of name
12 Change of address
13 Liability
14 Amalgamation or transfer of assets and liabilities or division of multi-State Cooperative Societies
15 Central Registrar to prepare scheme of amalgamation or reorganisation of cooperative bank in certain cases
16 Liability of a cooperative bank to the Deposit Insurance and Credit Guarantee Corporation
17 Cancellation of registration certificate of multi-State cooperative societies in certain cases
18 Equal treatment of parties
Chapter III Members of Multi-State Cooperative Societies and Their Rights and Liabilities
19 Persons who may become members
20 Members not to exercise rights till due payment made
21 Expulsion of members
22 Votes of members
23 Manner of exercising vote
24 Restrictions on holding of shares
25 Restrictions on transfer of shares or interest
26 Redemption of share
27 Transfer of interest on death of members
28 Liability of past member and estate of deceased member
Chapter IV Direction and Management of Multi-State Cooperative Societies
29 General body, its constitution, powers and functions
30 Annual general meeting of the general body
31 Special general meeting of the general body
32 Board of directors
33 Association of employees in the management decision making process
34 Disqualification for a member of a board
35 Election of members of board
36 Holding of office in cooperative society
37 Food Safety Officer
Chapter X Miscellaneous
38 Payment of honorarium
39 Removal of elected members by general body
40 Removal of member by Central Registrar
41 Nominee of Central Government or State Government on the board
42 Powers and functions of the board
43 Meetings of the board
44 Chief Executive
45 Powers and functions of Chief Executive
46 Committees of the board
47 Central Government's power to give directions in public interest
48 Supersession of board
49 Securing possession of records, etc.
50 Constitution of body of persons for preparation of list, etc.
51 Acts of multi-State cooperative societies not to be invalidated by certain defects
Chapter V Privileges of Multi-State Cooperative Societies
52 Multi-State Cooperative Society to be body corporate
53 Charge and set off, in respect of share or contribution or interest of member
54 Share or contribution or interest not liable to attachment
55 Register of member
56 Admissibility of copy of entry as evidence
57 Exemption from compulsory registration of instruments
58 Deduction from salary to meet multi-State Cooperative Society's claim in certain cases
59 Government aid to multi-State Cooperative Societies
Chapter VI Properties and Funds of Multi-State Cooperative Societies
60 Funds not to be divided by way of profit
61 Disposal of net profits
62 Investment of funds
63 Restrictions on loans
64 Restrictions on borrowing
65 Restrictions on other transactions with non-members
66 Contributory Provident Fund
Chapter VII Audit, Inquiry, Inspection and Surcharge
67 Audit
68 Inspection of multi-State cooperative Societies
69 Inquiry by Central Registrar
70 Inspection of books of indebted multi-State cooperative societies
71 Cost of inquiry and inspection
72 Recovery of costs
73 Repayment, etc.
Chapter VIII Settlement of Disputes
74 Disputes
75 Limitation
76 Settlement of disputes
Chapter IX Winding Up of Multi-State Cooperative Societies
77 Winding Up of Multi-State Cooperative Societies
78 Winding up of cooperative banks at the direction of Reserve Bank
79 Reimbursement to the Deposit Insurance Corporation by liquidator
80 Liquidator
81 Powers of liquidator
82 Disposal of surplus assets
83 Priority of contributions assessed by liquidator
84 Power of Central Registrar to cancel registration of a multi-State Cooperative Society
Chapter X Execution of Decrees, Orders and Decisions
85 Execution of decisions, etc.
86 Execution of orders of liquidator
87 Attachment before award
88 Central Registrar or the person authorised by him to be civil court for certain purposes
89 Recovery of sums due to Government
Chapter XI Appeals and Revision
90 Appeals
91 No appeal or revision in certain cases
92 Revision
93 Review
94 Interlocutory orders
Chapter XII Societies Which Become Multi-State Cooperative Societies Consequent on Re-organisation of States
95 Cooperative societies functioning immediately before re-organisation of States
Chapter XIII Offences and Penalties
96 Offences
97 Cognizance of offences
Chapter XIV Miscellaneous
98 Copy of Act, rules and bye-laws etc., to be open to inspection
99 Power to exempt multi-State Cooperative Societies from conditions as to registration
100 Liquidator to be public servant
101 Notice necessary in suits
102 Certain Acts not to apply
103 Savings of existing multi-State Cooperative Societies
104 Power to amend second Schedule
105 Bar of jurisdiction of courts
106 Powers of civil court
107 Indemnity
108 Opening of branches
109 Power to make Rules
110 Repeal
The Schedule Schedule
  The First Schedule
  The Second Schedule

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