Home   |   About us   |   Contact us   |   Request Callback  
 
   
MAHARASHTRA CO-OPERATIVE SOCIETIES ACT, 1960
 
ChptrSectionTitle
 SHORT TITLE, EXTENT AND COMMENCEMENT 
 DEFINITIONS 
 REGISTRAR 2[AND HIS SUBORDINATES] 
 SOCIETIES WHICH MAY BE REGISTERED 
 REGISTRATION WITH LIMITED OR UNLIMITED LIABILITIES 
 CONDITIONS OF REGISTRATION. 
 POWER TO EXEMPT SOCIETIES [OR CLASS OF SOCIETIES] FROM CONDITIONS AS TO REGISTRATION 
 APPLICATION FOR REGISTRATION 
 REGISTRATION 
 10 EVIDENCE OF REGISTRATION. 
 11 POWER OF REGISTRAR TO DECIDE CERTAIN QUESTIONS 
 12 CLASSIFICATION OF SOCIETIES 
 13 AMENDMENT OF BYE-LAWS OF SOCIETY 
 14 POWER TO DIRECT AMENDMENT OF BYE-LAWS 
 15 CHANGE OF NAME 
 16 CHANGE OF LIABILITY 
 17 AMALGAMATION, TRANSFER, DIVISION OR CONVERSION OF SOCIETIES 
 18 POWER TO DIRECT AMALGAMATION, DIVISION AND REORGANISATION IN PUBLIC INTEREST, ETC 
 19 RECONSTRUCTION OF SOCIETIES 
 20 PARTNERSHIP OF SOCIETIES 
 21 CANCELLATION OF REGISTRATION 
 22 PERSON WHO MAY BECOME MEMBER 
 23 OPEN MEMBERSHIP 
 24 NOMINAL, ASSOCIATE AND SYMPATHISER MEMBER 
 25 CESSATION OF MEMBERSHIP 
 26 NO RIGHTS OF MEMBERSHIP TO BE EXERCISED TILL DUE PAYMENTS ARE MADE 
 27 VOTING POWERS OF MEMBERS 
 28 RESTRICTIONS ON HOLDING OF SHARES 
 29 RESTRICTIONS ON TRANSFER OR CHARGE OF SHARE OR INTEREST 
 30 TRANSFER OF INTEREST ON DEATH OF MEMBERS 
 31 SHARE OR INTEREST NOT LIABLE TO ATTACHMENT 
 32 RIGHTS OF MEMBERS TO SEE BOOKS, ETC 
 33 LIABILITY OF PAST MEMBER AND ESTATE OF DECEASED MEMBER 
 34 INSOLVENCY OF MEMBERS 
 35 EXPULSION OF MEMBERS 
 36 SOCIETIES TO BE BODIES CORPORATE 
 37 ADDRESS OF SOCIETIES. 
 38 REGISTER OF MEMBERS. 
 39 COPY OF ACT, ETC., TO BE OPEN TO INSPECTION 
 40 ADMISSIBILITY OF COPY OF ENTRY OF EVIDENCE 
 41 EXEMPTION FROM COMPULSORY REGISTRATION OF INSTRUMENTS RELATING TO SHARES AND DEBENTURES OF SOCIETY 
 42 POWER TO EXEMPT FROM TAXATION 
 43 RESTRICTIONS ON BORROWINGS 
 44 REGULATION OF LOAN MAKING POLICY 
 45 RESTRICTIONS ON OTHER TRANSACTIONS WITH NON-MEMBERS 
 46 CHARGE AND SET-OFF IN RESPECT OF SHARE OR INTEREST OF MEMBERS 
 47 PRIOR CLAIM OF SOCIETY 
 48 CHARGE ON IMMOVABLE PROPERTY OF MEMBERS, BORROWING FROM CERTAIN SOCIETIES 
 49 DEDUCTION FROM SALARY TO MEET SOCIETY 
 50 DIRECT PARTNERSHIP OF STATE GOVERNMENT IN SOCIETIES. 
 51 INDIRECT PARTNERSHIP OF STATE GOVERNMENT IN SOCIETIES. 
 52 PRINCIPAL STATE PARTNERSHIP FUND. 
 53 SUBSIDIARY STATE PARTNERSHIP FUND 
 54 APPROVED OF STATE GOVERNMENT FOR PURCHASE OF SHARES 
 55 LIABILITY TO BE LIMITED IN RESPECT OF CERTAIN SHARES 
 56 RESTRICTION ON AMOUNT OF DIVIDEND 
 57 INDEMNITY OF APEX AND CENTRAL SOCIETIES 
 58 DISPOSAL OF SHARE CAPITAL AND DIVIDEND, ETC 
 59 DISPOSAL OF PRINCIPAL OR SUBSIDIARY STATE PARTNERSHIP FUND ON WINDING UP OF APEX OR CENTRAL SOCIETY 
 60 PRINCIPAL OR SUBSIDIARY STATE PARTNERSHIP FUND NOT TO FORM PART OF ASSETS 
 61 AGREEMENT BY STATE GOVERNMENT AND APEX SOCIETIES 
 62 OTHER FORMS OF STATE AID TO SOCIETIES 
 63 PROVISIONS OF THIS CHAPTER TO OVERRIDE OTHER LAWS 
 64 FUNDS NOT TO BE DIVIDED 
 65 1[ASCERTAINMENT AND APPROPRIATION OF PROFITS 
 66 RESERVE FUND 
 67 [1RESTRICTION ON DIVIDEND 
 68 3[CONTRIBUTION TO EDUCATION FUND OF THE STATE FEDERAL SOCIETY 
 69 CONTRIBUTION TO PUBLIC PURPOSES. 
 70 INVESTMENT OF FUNDS. 
 71 EMPLOYEES PROVIDENT FUND 
 72 FINAL AUTHORITY OF SOCIETY 
 73 COMMITTEE, ITS POWERS AND FUNCTIONS 
 73ia ELECTION TO MORE THAN ONE SEAT ON COMMITTEE OF SOCIETY INCLUDING SPECIFIED SOCIETY 
 73ib POWERS OF STATE GOVERNMENT TO POSTPONE ELECTION 
 73ic ELECTION TO NOTIFIED SOCIETIES 
 73id MOTION OF NO-CONFIDENCE AGAINST OFFICERS OF SOCIETIES 
 73a DISQUALIFICATION FOR BEING DESIGNATED OFFICER SIMULTANEOUSLY OF CERTAIN 3[CATEGORIES OF] SOCIETIES OR FOR BEING DESIGNATED OFFICER OF THE SAME SOCIETY FOR MORE THAN 4[TEN YEARS] 
 73aa DESIGNATED OFFICER WHO IS ASSOCIATE COUNCILLOR TO CEASE TO BE DESIGNATED OFFICER ON THE CEASING TO BE SUCH COUNCILLOR 
 73ab CESSATION OF MEMBERSHIP OF COMMITTEE HELD BY VIRTUE OF OFFICE UNDER GOVERNMENT ETC 
 73b . RESERVATION OF SEATS 
 73bb RESERVATION OF SEATS FOR EMPLOYEES NO COMMITTEES OF CERTAIN SOCIETIES 
 73bbb RESERVATION OF SEATS ON COMMITTEES OF SOCIETIES FOR WOMEN MEMBERS AND ELECTIONS THERETO 
 73c RESTRICTIONS ON REPRESENTATION OF CERTAIN CLASS OF MEMBERS ON COMMITTEES OF CERTAIN SOCIETIES AND FOR BEING DESIGNATED OFFICERS 
 73d SOCIETY 
 73e IN SPECIFIED SOCIETIES MEMBERS NOT HAVING MINIMUM NUMBER OF TRANSACTIONS OF CERTAIN MONETARY LIMITS NOT ENTITLED TO BE DESIGNATED OFFICERS 
 73f MEMBER WHO OR WHOSE NEAR RELATION IN DEALING IN GOODS FOR PURCHASE OF WHICH LOANS ARE GIVEN BY A SOCIETY NOT ELIGIBLE TO BE ON ITS COMMITTEE. 
 73ff DISQUALIFICATION FOR MEMBERSHIP OF COMMITTEE 
 73fff ELIGIBILITY FOR RE-APPOINTMENT OR RE-ELECTION AS MEMBER OF COMMITTEE.- 
 73g PROVISION FOR CONDUCT OF ELECTIONS TO COMMITTEES 1[AND OF OFFICERS) OF CERTAIN SOCIETIES AND TERM OF OFFICE OF MEMBER OF SUCH COMMITTEE.- 
 73h RESPONSIBILITY OF COMMITTEE TO HOLD ELECTION BEFORE EXPIRY OF TERM 
 74 QUALIFICATION AND APPOINTMENT OF MANAGER, SECRETARY AND OTHER OFFICERS OF SOCIETIES AND CHIEF EXECUTIVES OFFICER AND FINANCIAL OFFICER FOR CERTAIN SOCIETIES. 
 75 ANNUAL GENERAL MEETING 
 76 SPECIAL GENERAL MEETING 
 77 ACTS OF SOCIETIES ETC., NOT TO BE INVALIDATED BY CERTAIN DEFECTS 
 77a SECTION 77A 
 78 1[POWER OF REMOVAL OF COMMITTEE OR MEMBER THEREOF 
 79 REGISTRAR 
 79a 2[GOVERNMENT 
 79aa REGISTRAR 
 79b REGISTRAR 
 80 REGISTRAR 
 81 AUDIT 
 82 RECTIFICATION OF DEFECTS IN ACCOUNTS 
 83 INQUIRY BY REGISTRAR.- 
 84 INSPECTION OF BOOKS OF INDEBTED SOCIETY 
 85 COSTS OF INQUIRY AND INSPECTION 
 86 RECOVERY OF COSTS.- 
 87 REGISTRAR TO BRING DEFECTS DISCLOSED IN INQUIRY OR INSPECTION TO NOTICE OF SOCIETY 
 88 POWER OF REGISTRAR TO ASSESS DAMAGES AGAINST DELINQUENT PROMOTERS, ETC 
 88a DEPOSIT TOWARDS FEES OF INQUIRY 
 89 POWER TO ENFORCE, ATTENDANCE ETC 
 90 CONSTITUTION OR RECOGNITION OF FEDERAL AUTHORITY TO SUPERVISE WORKING OF SOCIETIES 
 91 DISPUTES 
 92 LIMITATION 
 93 3[TRANSFER OF DISPUTES FROM ONE CO-OPERATIVE COURT TO ANOTHER AND SUSPENSION OF PROCEEDINGS IN CERTAIN CASES 
 94 PROCEDURE FOR SETTLEMENT OF DISPUTES AND POWER OF 4[CO-OPERATIVE COURT 
 95 5[ATTACHMENT BEFORE AWARD OR ORDER AND INTERLOCUTORY ORDERS 
 96 1[DECISION OF CO-OPERATIVE COURT 
 97 2[APPEAL AGAINST DECISION UNDER SECTION 96 AND ORDER UNDER SECTION 95] 
 98 MONEY HOW RECOVERED 
 99 PRIVATE TRANSFER OF PROPERTY MADE AFTER ISSUE OF CERTIFICATE VOID AGAINST SOCIETY.- 
 100 TRANSFER OF PROPERTY WHICH CANNOT BE SOLD 
 101 5[RECOVERY OF ARREARS DUE TO CERTAIN SOCIETIES AS ARREARS LAND REVENUE.] 
 102 WINDING UP 
 103 APPOINTMENT OF LIQUIDATOR 
 104 APPEAL AGAINST ORDER OF WINDING UP 
 105 POWERS OF LIQUIDATOR 
 106 EFFECT OF ORDER OF WINDING UP 
 107 BAR OF SUIT IN WINDING UP AND DISSOLUTION MATTERS 
 108 AUDIT OF LIQUIDATOR 
 109 TERMINATION OF LIQUIDATION PROCEEDINGS 
 110 DISPOSAL OF SURPLUS ASSETS 
 110a ORDER FOR WINDING UP, RECONSTRUCTION, SUPER SESSION OF COMMITTEE, ETC., OF INSURED CO-OPERATIVE BANK, NOT TO BE MADE WITHOUT SANCTION OR REQUISITION OF RESERVE BANK OF INDIA 
 111 3[111 APPLICATION OF CHAPTER XI OF 4[AGRICULTURE AND RURAL DEVELOPMENT BANKS] 
 112 STATE AND OTHER 
 112a SECTIO 112A 
 112aa ELECTION OF DELEGATE AS MEMBER OF AGRICULTURE AND DEVELOPMENT BANK FROM CITY OF BOMBAY DISTRICT AND BOMBAY SUBURBAN DISTRICT 
 113 APPOINTMENT, POWERS AND FUNCTIONS OF TRUSTEE 
 114 ISSUE OF DEBENTURES 
 115 GUARANTEE BY STATE GOVERNMENT 
 116 VESTING OF PROPERTY IN TRUSTEE AND DEBENTURE HOLDERS CHARGE ON ASSETS 
 117 POWERS OF 6[AGRICULTURE AND RURAL DEVELOPMENT BANKS] TO ADVANCE LOANS AND TO HOLD LANDS 
 118 SECTION 118 
 119 ORDER GRANTING LOAN CONCLUSIVE OF CERTAIN MATTERS 
 120 PRIORITY OF MORTGAGE 
 121 MORTGAGES 2[AND OTHER INSTRUMENTS] EXECUTED IN FAVOUR OF 2[AN AGRICULTURE AND RURAL DEVELOPMENT BANK] TO STAND VESTED IN 3[STATE AGRICULTURE AND RURAL DEVELOPMENT BANK].- 
 122 9[REGISTRATION OF MORTGAGE, LEASE, ETC., EXECUTED IN FAVOUR OF AGRICULTURE AND RURAL DEVELOPMENT BANKS.- 
 123 MORTGAGES 10[AND OTHER INSTRUMENTS) NOT TO BE QUESTIONED ON INSOLVENCY OF MORTGAGORS 11[OR EXECUTANTS] 
 124 SECTION 124 
 125 MORTGAGES 5[AND OTHER INSTRUMENTS] EXECUTED BY MANAGERS OF JOINT HINDU FAMILIES 
 126 SECTION 8 OF THE ACT XXXII OF 1956 TO APPLY TO MORTGAGES 
 127 RESTRICTIONS ON LEASE 
 128 1[AGRICULTURE AND RURAL DEVELOPMENT BANK] TO RECEIVE MONEY AND GIVE DISCHARGE 
 129 6[POWERS OF AGRICULTURE AND RURAL DEVELOPMENT BANK WHERE MORTGAGED OR ENCUMBERED PROPERTY IS DESTROYED OR SECURITY BECOMES INSUFFICIENT 
 130 RIGHT OF 7[AGRICULTURE AND RURAL DEVELOPMENT BANK] TO BUY MORTGAGED PROPERTY 
 131 RECOVERY OF LOANS BY DEVELOPMENT BANKS 
 132 POWERS TO DISTRAINT 
 133 1[SALE OF MORTGAGED OR ENCUMBERED PROPERTY 
 133a [MORTGAGED OR ENCUMBERED PROPERTY OF TRIBAL NOT TO BE SOLD TO NON-TRIBAL AT PUBLIC AUCTION UNDER SECTION 133 
 134 CONFIRMATION OF SALE 
 135 DISPOSAL OF SALE-PROCEEDS 
 136 CERTIFICATE TO PURCHASE, DELIVERY OF PROPERTY AND TITLE OF PURCHASER 
 137 RECOVERY OF LOANS ON CERTIFICATE BY REGISTRAR 
 138 2[MODE OF RECOVERY BY COLLECTOR]. - 3[****] 
 139 6[OFFICERS OR MEMBERS OF FAMILY NOT TO BID AT AUCTION SALE 
 140 SECTION 40 OF BOMBAY XXVIII OF 1947 NOT TO APPLY TO ALLENATION IN FAVOUR OF 
 141 PROVISION FOR GUARANTEE FUNDS TO MEET CERTAIN LOSSES 
 142 REGISTRAR 
 143 SERVICE OF NOTICE.- 
 144 POWER OF COMMITTEE OF 
 144a APPLICATION OF THIS CHAPTER AND DEFINITIONS. 
 144b WHEN ELECTIONS TO BE HELD 
 144c CONDUCT OF ELECTIONS 
 144d COST OF CONDUCTING ELECTIONS 
 144e DISQUALIFICATIONS FOR MEMBERSHIP 
 144f ACCOUNT OF ELECTION EXPENSES 
 144g DISQUALIFICATION FOR FAILURE OF LODGE ACCOUNT OF ELECTION EXPENSES 
 144h REMOVAL OR REDUCTION 
 144i CORRUPT PRACTICES 
 144j MAINTENANCE OF SECRECY OF VOTING 
 144k OFFICERS, ETC., AT ELECTIONS NOT TO ACT FOR CANDIDATES OR TO INFLUENCE VOTING 
 144l PROHIBITION OF CANVASSING IN OR NEAR POLLING STATION 
 144m PENALTY FOR DISORDERLY CONDUCT IN OR NEAR POLLING STATIONS 
 144n PENALTY FOR MISCONDUCT AT THE POLLING STATION 
 144o PENALTY FOR ILLEGAL HIRING OR PROCURING OF CONVEYANCES AT ELECTIONS 
 144p BREACHES OF OFFICIAL DUTY IN CONNECTION WITH ELECTION 
 144q REMOVAL OF BALLOT PAPERS FROM POLLING STATION TO BE AN OFFENCE. 
 144r OTHER OFFENCES AND PENALTIES THEREFORE 
 144s APPLICATION OF SECTION 148 TO OFFENCES UNDER THIS CHAPTER SUBJECT TO CERTAIN MODIFICATIONS 
 144t DISPUTES RELATING TO ELECTIONS TO BE SUBMITTED TO THE COMMISSIONER [OR OTHER SPECIFIED OFFICER. 
 144u DEPOSIT TOWARDS COSTS FOR HEARING AND POWER TO AWARD COSTS FOR HEARING AND POWER TO AWARD COSTS 
 144v CONTENTS OF PETITION 
 144w RELIEF THAT MAY BE CLAIMED BY THE PETITIONER 
 144x OWER TO MAKE RULES FOR PURPOSES OF THIS CHAPTER 
 144y SPECIAL PROVISION FOR ELECTION OF OFFICERS OF SPECIFIED SOCIETIES 
 145 PROHIBITION OF USE OF THE WORDS "CO-OPERATIVE" 
 146 OFFENCES 
 147 PUNISHMENTS FOR OFFENCES UNDER SECTION 146 
 148 COGNIZANCE OF OFFENCES 
 149 MAHARASHTRA STATE, CO-OPERATIVE 3[APPELLATE COURT] 
 150 REVIEW OF ORDERS OF 
 151 3[CO-OPERATIVE APPEUATE COURT] TO HAVE POWER OF CIVIL COURT 
 152 APPEALS.- 
 153 EXTENSION OF PERIOD OF LIMITATION BY APPELLATE AUTHORITY IN CERTAIN CASES 
 154 [REVISIONARY POWERS OF STATE GOVERNMENT AND REGISTRAR 
 154a CONSTITUTION OF STATE CO-OPERATIVE COUNCIL, ITS FUNCTIONS, ETC 
 155 RECOVERY OF SUMS DUE TO GOVERNMENT 
 156 REGISTRAR 
 157 POWER TO EXEMPT SOCIETIES FROM PROVISIONS OF ACT 
 158 DELEGATION OF POWER OF REGISTRAR TO 6[CERTAIN AUTHORITIES AND OFFICERS] 
 159 BRANCHES, ETC. OF SOCIETIES OUTSIDE THE STATE.- 
 160 HANDING OVER RECORDS AND PROPERTY TO NEW CHAIRMAN ON ELECTION 
 160a MEMBERS OF STATE LEGISLATURE AND CERTAIN LOCAL AUTHORITIES NOT TO BE REMUNERATED WHILE HOLDING CERTAIN OFFICES IN SOCIETIES 
 160b MEMBERS OF COMMITTEES NOT ENTITLED TO TRAVELLING ALLOWANCE, DAILY ALLOWANCE, ETC., AT A RATE HIGHER THAN THE MAXIMUM PRESCRIBED 
 149 MAHARASHTRA STATE, CO-OPERATIVE 3[APPELLATE COURT] 
 150 REVIEW OF ORDERS OF 
 151 3[CO-OPERATIVE APPEUATE COURT] TO HAVE POWER OF CIVIL COURT 
 152 APPEALS 
 153 EXTENSION OF PERIOD OF LIMITATION BY APPELLATE AUTHORITY IN CERTAIN CASES 
 154 [REVISIONARY POWERS OF STATE GOVERNMENT AND REGISTRAR 
 154a CONSTITUTION OF STATE CO-OPERATIVE COUNCIL, ITS FUNCTIONS, ETC. 
 155 RECOVERY OF SUMS DUE TO GOVERNMENT 
 156 REGISTRAR 
 157 POWER TO EXEMPT SOCIETIES FROM PROVISIONS OF ACT 
 158 DELEGATION OF POWER OF REGISTRAR TO 6[CERTAIN AUTHORITIES AND OFFICERS] 
 159 BRANCHES, ETC. OF SOCIETIES OUTSIDE THE STATE 
 160 HANDING OVER RECORDS AND PROPERTY TO NEW CHAIRMAN ON ELECTION 
 160a MEMBERS OF STATE LEGISLATURE AND CERTAIN LOCAL AUTHORITIES NOT TO BE REMUNERATED WHILE HOLDING CERTAIN OFFICES IN SOCIETIES 
 160b MEMBERS OF COMMITTEES NOT ENTITLED TO TRAVELLING ALLOWANCE, DAILY ALLOWANCE, ETC., AT A RATE HIGHER THAN THE MAXIMUM PRESCRIBED 
 161 2[REGISTRAR AND OTHER OFFICERS TO BE PUBLIC SERVANTS 
 162 INDEMNITY FOR ACTS DONE IN GOOD FAITH 
 163 BAR OF JURISDICTION OF COURTS 
 164 NOTICE NECESSARY IN SUITS 
 165 RULES 
 166 REPEAL, SAVING AND CONSTRUCTION 
 167 COMPANIES ACT NOT TO APPLY 
   
 

LawyerServices Facebook Page












#LawyerServices #bestlegalsoftware #legalsoftware #act #bareact #enactment