In force

The Co-operative Societies Act, 1912

50 sections · As amended up to 2026-08

Sections

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  50. 50[Repealed.]