In force
The Co-operative Societies Act, 1912
50 sections · As amended up to 2026-08
Sections
- 1Short title and extent
- 2Definitions
- 3The Registrar
- 4Societies which may be registered
- 5Restrictions on interest of member of society with limited liability and a share capital
- 6Conditions of registration
- 7Power of Registrar to decide certain questions
- 8Application for registration
- 9Registration
- 10Evidence of registration
- 11Amendment of the by-laws of a registered society
- 12Member not to exercise rights till due payment made
- 13Votes of members
- 14Restrictions on transfer of share or interest
- 15Address of societies
- 16Copy of Act, rules and by-laws to be open to inspection
- 17Audit
- 18Societies to be bodies corporate
- 19Prior claim of society
- 20Charge and set-off in respect of shares or interest of member
- 21Shares or interest not liable to attachment
- 22Transfer of interest on death of member
- 23Liability of past member
- 24Liability of the estates of deceased members
- 25Register of members
- 26Proof of entries in societies’ books
- 27Exemption from compulsory registration of instruments relating to shares and debentures of registered society
- 28Power to exempt from income-tax, stamp-duty and registration fees
- 29Restrictions on loans
- 30Restrictions on borrowing
- 31Restrictions on other transactions with non-members
- 32Investment of funds
- 33Funds not to be divided by way of profit
- 34Contribution to charitable purpose
- 35Inquiry by Registrar
- 36Inspection of books of indebted society
- 37Costs of inquiry
- 38Recovery of costs
- 39Dissolution
- 40Cancellation of registration of society
- 41Effect of cancellation of registration
- 42Winding-up
- 43Rules
- 44Recovery of sums due to Government
- 45Power to exempt societies from conditions as to registration
- 46Power to exempt registered societies from provisions of the Act
- 47Prohibition of the use of the word “co-operative”
- 48Indian Companies Act, 1882, not to apply
- 49Saving of existing societies
- 50[Repealed.]