Multi-State Co-Operative Societies Act, 2002
Section - 1 - Short title, extent and commencementSection - 2 - Application
Section - 3 - Definitions
Section - 4 - Central Registrar
Section - 5 - Multi-State co-operative societies which may be registered
Section - 6 - Application for registration
Section - 7 - Registration
Section - 8 - Registration certificate
Section - 9 - Multi-State co-operative society to be body corporate
Section - 10 - Bye-laws of multi-State co-operative societies
Section - 11 - Amendment of bye-laws of a multi-State co-operative society
Section - 12 - When amendment of bye-laws comes into force
Section - 13 - Change of name
Section - 14 - Change of address
Section - 15 - Publication of name by multi-State co-operative society
Section - 16 - Liability
Section - 17 - Amalgamation or transfer of assets and liabilities, or division of multi-State co-operative societies
Section - 18 - Central registrar to prepare scheme of amalgamation or reorganisation of a co-operative bank in certain cases
Section - 19 - Promotion of subsidiary institution
Section - 20 - Liability of a co-operative bank to Deposit Insurance and Credit Guarantee Corporation
Section - 21 - Cancellation of registration certificate of multi-State co-operative societies in certain cases
Section - 22 - Conversion of a co-operative society into a multi-State co-operative society
Section - 23 - Registration of federal co-operative
Section - 24 - Functions of federal co-operative
Section - 25 - Persons who may become members
Section - 26 - Nominal or associate member of society
Section - 27 - Educational course for members
Section - 28 - Members not to exercise rights till due payment made
Section - 29 - Disqualification for member of a multi-State co-operative society
Section - 30 - Expulsion of members
Section - 31 - Vote of members
Section - 32 - Manner of exercising vote
Section - 33 - Restriction on holding of shares
Section - 34 - Restriction on transfer of shares or interest
Section - 35 - Redemption of shares
Section - 36 - Transfer of interest on death of members
Section - 37 - Liabilities of past member and estate of deceased member
Section - 38 - Constitution, powers and functions of general body
Section - 39 - Annual general meeting of general body
Section - 40 - Special general meeting of general body
Section - 41 - Board of directors
Section - 42 - Association of employees in management decision making process
Section - 43 - Disqualifications for being a member of board
Section - 44 - Prohibition to hold office of chairperson or president or vice-chairman or vice president in certain cases
Section - 45 - Elections of members of board
Section - 45A - Power of Chairperson
Section - 45B - Removal and suspension of Chairperson, Vice-Chairperson and Members
Section - 45C - Disclosure and declaration of interest
Section - 45D - Resignation of Members
Section - 45E - Filling of casual vacancy
Section - 45F - Restriction of re-employment
Section - 45G - Vacancies, etc., not to invalidate proceedings of Authority
Section - 45H - Meetings of Authority
Section - 45-I - Functions of Authority
Section - 45J - Elections of members of board
Section - 45K - Appointment of Returning Officer and other officers
Section - 45L - Power to issue directions
Section - 46 - Holding of office in co-operative society
Section - 47 - Removal of elected members by general body
Section - 48 - Nominee of Central Government or State Government on board
Section - 49 - Powers and functions of board
Section - 50 - Meetings of board
Section - 51 - Chief Executive
Section - 52 - Powers and functions of Chief Executive
Section - 53 - Committees of board
Section - 54 - Securing possession of records, etc.
Section - 55 - Charge and set-off in respect of share or contribution or interest of members
Section - 56 - Share or contribution or interest not liable to attachment
Section - 57 - Register of members
Section - 58 - Admissibility of copy of entry as evidence
Section - 59 - Exemption from compulsory registration of instruments
Section - 60 - Deduction from salary to meet multi-State co-operative society's claim in certain cases
Section - 61 - Government aid to multi-State co-operative societies
Section - 62 - Funds not to be divided by way of profit
Section - 63 - Disposal of net profits
Section - 63A - Establishment of Co-operative Rehabilitation, Reconstruction and Development Fund
Section - 63B - Rehabilitation and reconstruction of sick societies
Section - 63C - Financial assistance to multi-State co-operative societies for development
Section - 64 - Investment of funds
Section - 65 - Restriction on contribution
Section - 66 - Restriction on loans
Section - 67 - Restrictions on borrowing
Section - 68 - Restriction on other transactions with non-members
Section - 69 - Contributory provident fund
Section - 70 - Appointment and remuneration of auditors
Section - 70A - Concurrent Audit
Section - 71 - Provision as to resolutions for appointing or removing auditors
Section - 72 - Qualifications and disqualifications of auditors
Section - 73 - Powers and duties of auditors
Section - 74 - Signature of audit report, etc.
Section - 75 - Reading and inspection of auditor's report
Section - 76 - Right of auditor to attend general meeting
Section - 77 - Power of Central Government to direct special audit in certain cases
Section - 78 - Inquiry by Central Registrar
Section - 79 - Inspection of multi-State co-operative societies
Section - 80 - Inspection of books of indebted multi-State co-operative societies
Section - 81 - Costs of inquiry and inspection
Section - 82 - Recovery of costs
Section - 83 - Repayment, etc.
Section - 84 - Reference of disputes
Section - 85 - Limitation
Section - 85A - Redressal of Complaints
Section - 86 - Winding up of multi-State co-operative societies
Section - 87 - Winding up of co-operative bank at the direction of Reserve Bank
Section - 88 - Reimbursement to the Deposit Insurance Corporation by liquidator
Section - 89 - Liquidator
Section - 90 - Powers of liquidator
Section - 91 - Disposal of surplus assets
Section - 92 - Priority of contributions assessed by liquidator
Section - 93 - Power of Central Registrar to cancel registration of a multi-State co-operative society
Section - 94 - Execution of decisions, etc.
Section - 95 - Execution of orders of liquidators
Section - 96 - Attachment before award
Section - 97 - Central Registrar or arbitrator or person authorised to be civil court for certain purposes
Section - 98 - Recovery of sums due to Government
Section - 98A - Review of decision
Section - 99 - Appeals
Section - 100 - No appeal in certain cases
Section - 101 - Review
Section - 102 - Interlocutory orders
Section - 103 - Co-operative societies functioning immediately before reorganisation of States
Section - 104 - Offences and penalties
Section - 105 - Cognizance of offences
Section - 105A - Provisions of this Act not in derogation of any other law
Section - 106 - Copies of byelaws, etc., to be open to inspection
Section - 106A - Copy of rules and bye-laws, etc., for inspection
Section - 107 - Place of keeping and inspection of, registers and returns
Section - 108 - Inspection of books of account, etc., of multi-State co-operative society
Section - 109 - Annual accounts and balance-sheet
Section - 110 - Minutes of proceedings of general meetings and of board and other meetings
Section - 111 - Minutes to be evidence
Section - 112 - Presumptions to be drawn where minutes duly drawn and signed
Section - 113 - Inspection of minutes book of general meetings
Section - 114 - Liquidator to be public servant
Section - 115 - Notice necessary in suits
Section - 116 - Power to amend Second Schedule
Section - 117 - Bar of jurisdiction of courts
Section - 118 - Indemnity
Section - 119 - Opening of branches
Section - 120 - Filing of returns
Section - 120A - Filing of applications, documents, inspections, etc., in electronic form
Section - 120B - Application of Banking Regulation Act, 1949
Section - 121 - Certain Acts not to apply
Section - 122 - Central Government's power to give directions to specified multi-State co-operative societies in public interest
Section - 123 - Supersession of board of specified multi-State co-operative society
Section - 124 - Power to make rules
Section - 125 - Power to remove difficulties
Section - 126 - Repeal and saving
Schedule I - CO-OPERATIVE PRINCIPLES
Schedule II - LIST OF NATIONAL CO-OPERATIVE SOCIETIES
Schedule III - -
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