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the_meghalaya_cooperative_societies_act_2015.pdf
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About this act
- Jurisdiction
- Meghalaya
- Enactment date
- 2015-10-07
- Sections available
- 104
Read the sections
1Short title,extent and commencement→2Definitions→3The Registrar.→4Co-operative Societies which may be registered.→5Age, qualification of a member.→6Conditions of registration.→7Restrictions on acquisition of Share in a Cooperative Society.→8Power of Registrar to decide certain questions.→9Liability.→10Application for Registration.→11Registration→12Evidence of registration.→13Amendment of the Bye-laws of a registered cooperative society.→14Power of Registrar or affiliating cooperative society to direct amendment of bye-laws or adoption of rules of procedure.→15Division and amalgamation of co-operative societies.→16Members not to exercise rights till due payment made and conditions fulfilled→17Vote of members.→18Loan to be utilized for the purpose for which advanced.→19Restriction on transfer of share or interest.→20Liability of past member and his estate.→21Share or interest not liable to attachment.→22Nomination of transferee→23Transfer of interest on death of members.→24Disposal of Shares or interest of ceased members.→25Liability of members on winding up of Co-operative Society with limited Liability.→26Restriction on Transfer of Possession of Land held Under a Cooperative Society.→27Right of a registered Cooperative Society to pay prior Debts of a mortgagor.→28Restriction on Mortgaged Property.→29Bar to certain claim.→30General Assembly→31Annual Meeting of General Assembly→32Special Meeting of the General Assembly→33Administrative Council→34Power to depute Government servant to manage the affairs of a Cooperative Society.→35Dissolution or reconstruction of Board of Directors , the Administrative Council, Managing Body or any Committee of a Co-operative Society.→36Dissolution of the Board of Directors / Administrative Council, Managing Body and appointment of persons to manage the affairs of a Cooperative Society.→37Tenure of office of the person appointed under section 36.→38Powers of person appointed under section 36.→39Address of Cooperative society→40Prescription and inspection of documents.→41Borrowing subject to approval of the Registrar.→42Participation of members in the affairs of the Cooperative Society.→43Training or Education of members of Cooperative Society.→44Power of Government to give financial assistance.→45Restrictions on loans→46Cooperative Society and office bearers to submit Returns or informations and produce documents→47Prior Claim of a Cooperative Society→48Charge and set off in respect of shares or interest of members.→49Deduction of dues from salary.→50Exemption from compulsory registration and personal attendance from registration of instruments.→51Power to remit certain duties, fees etc.→52Investment of Funds→53Reserve Fund→54Distribution of Net Profit→55Audit of Accounts of Cooperative societies.→56Power of the Registrar to have the Accounts written up.→57Nature of Audit.→58Audit Report→59Audit report→60Rectification of defects.→61Inquiry by Registrar.→62Inspection of a Cooperative Society.→63Cost of Inquiry, Inspection and Recovery of costs.→64Reference of dispute.→65Settlement of dispute→66Cancellation of Registration→67Winding up→68Distribution of fund of a dissolved Cooperative Society.→69Liquidator to deposit the books and submit a final report.→70Bar of Suit→71Insured Cooperative Banks.→72Power of Registrar to direct payment of dues.→73Charge and surcharge→74Prohibition of the use of the word “Co operative”.→75Punishment for false return , false information, disobeying summons order etc.→76Punishment for disposing property in contravention of section 47.→77Penalty for certain misdemeanors.→78Power to enforce performance of obligation.→79Cognizance of offences.→80Indemnity→81Bar to Jurisdiction of courts.→82Appeal or review.→83Power of Attachment of property.→84Registrar to be Civil Court for certain purposes.→85Recovery of sums due.→86Registrar may order a meeting of Creditors.→87-110Applicable To Short Term Co-Operative Credit Structure→111Co-operative Society to fee a body Corporate.→112Register of members*→113Entries in books of registered co-operative society shall be received as prima facie evidence.→114Savings of Existing Cooperative Societies.→115Construction of reference to Act II of 1912.→116Act VII o f 1913 not to apply.→117Acts of co-operative societies etc, not to be invalidated by certain defects.→118Power to exempt co-operative societies from provision of the Act.→119Rules and bye laws not to be deemed to go beyond the Act.→120Power to exempt co-operative societies from conditions as to registration.→121Power to order recoupment of expenditures.→122Power to seize records of co-operative society.→123Power of the Managing body of an affiliating co-operative society to enquire into the affairs of a member cooperative society.→124Limitation.→125Power to exempt cooperative societies from the operation of the Money Lender Act.→126Powers to make rules.→127Repeal and Savings→
India Code, Government of India. Text fetched 10 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.