Section 15. Publication of name by multi-State co-operative society

15. Publication of name by multi-State co-operative society.— Every multi-State co-operative society — (a) shall paint or affix its name and the address of its registered office and keep the same painted or affixed, on the outside of every office or place in which its business is carried on, in conspicuous position, in letters easily legible; and if the characters employed therefore are not those of the language, or of one of the languages in general use in that locality, also in the characters of that language or of one of those languages; (b) shall have its name engraven in legible characters on its seal; and (c) shall have its name and the address of its registered office mentioned in legible characters in all its business letters, in all its bill heads and letter paper, and in all its notices and other official publications; and also have its name so mentioned in all bills of exchange, hundies, promissory notes, endorsements, cheques and orders for money or goods purporting to be signed by or on behalf of the multi-State co-operative society, and in all bills of parcels, invoices, receipts and letters of credit of the multi-State co-operative society. 15. Serial number 24 renumbered as '19' ibid. 16. Ins. ibid. 1[THE THIRD SCHEDULE [ See clause (h) of sub-section (1) of section 43] |Sl. No.<br>Name oftheAct<br>1.<br>The Indian Stamp Act, 1899|Sl. No.<br>Name oftheAct<br>1.<br>The Indian Stamp Act, 1899|Act Number<br>2 of 1899.| |---|---|---| |2.|The Reserve Bank of India Act, 1934|2 of 1934.| |3.|The Central Excise Act, 1944|1 of 1944.| |4.|The Industries (Development and Regulation) Act,|65 of 1951.| ||1951|| |5.|The Prevention of Food Adulteration Act, 1954|37 of 1954.| |6.|The Essential Commodities Act, 1955|10 of 1955.| |7.|The Securities Contracts (Regulation) Act, 1956|42 of 1956.| |8.|The Wealth-Tax Act,1957|27 of 1957.| |9.|The Customs Act, 1962|52 of 1962.| |10.|The Prize Chits and Money Circulation Schemes|43 of 1978.| ||(Banning) Act, 1978|| |11.|The Sick Industrial Companies (Special Provisions)|1 of 1986.| ||Act, 1985|| |12.|The Securities and Exchange Board of India Act,|15 of 1992.| ||1992|| |13.|The Foreign Trade (Development and Regulation)|22 of 1992.| ||Act, 1992|| |14.|The Foreign Exchange Management Act, 1999|42 of 1999| |15.|The Competition Act, 2002|12 of 2003.| |16.|The Prevention of Money-Laundering Act, 2002|15 of 2003| |17.|The Companies Act, 2013|18 of 2013.]| 1. Ins. by Act 11 of 2023, s. 49 (w.e.f. 3-8-2023). STATEMENT OF OBJECTS AND REASONS Co-operative societies with objects not confined to one State and serving the interests of members of more than one State are at present governed by the provisions of the Multi-unit co-operative Societies Act, 1942-А Сentral Act. This is only an enabling legislation facilitating the incorporation, regulation and winding up of multi-unit (State) cooperative societies under the provisions of the Co-operative Societies Act of the State where the principal place of business of any such society is located. As' a result, different multi-unit co-operative societies are governed by different co-operative laws in the country.