| Section |
Description |
|
Preamble |
| 1. |
Short title, extent and commencement |
| 2 |
Definitions |
| 3 |
Registrar |
| 4 |
Societies which may be registered |
| 5 |
Registration with limited liability only |
| 6 |
Application for registration of Co-operative Societies |
| 7 |
Registration |
| 8 |
Registration Certificate |
| 8A |
Affiliation to Apex Society |
| 9 |
Co-operative Societies to be bodies corporate |
| 9A |
Publication of name by a Co-operative Society |
| 10 |
Change of name of society |
| 11 |
Change of liability |
| 12 |
Amendment of bye-laws of a Society |
| 13 |
When Amendment of bye-laws come into force |
| 13A |
Subject matter of bye-laws |
| 14 |
Amalgamation, transfer of assets and liabilities and division of society |
| 14A |
Promotion of subsidiary Institutions for economic welfare of members |
| 14B |
Partnership of Co-operative Societies |
| 15 |
Cancellation of registration certificate of societies in certain cases |
|
CHAPTER III
Member of Co-operative Societies and their rights and liabilities |
| 16 |
Persons who may become members |
| 16A |
Ensuring participation of members in the management of societies |
| 17 |
Expulsion of members |
| 18 |
Nominal or associate members |
| 19 |
Member not to exercise rights till due payment made |
| 19A |
Member participation |
| 19B |
Right of a member to get information |
| 20 |
Votes of members |
| 21 |
Manner of exercising vote |
| 22 |
Restrictions on holding of shares |
| 23 |
Restrictions on transfer of shares or interests |
| 24 |
Restriction on withdrawal of shares |
| 25 |
Transfer of interest on death of members |
| 26 |
Liabilities of past member or of estate of deceased member |
|
CHAPTER IV
Management of Co-operative Societies |
| 27 |
Final authority in a society |
| 28 |
Appointment of committee |
| 28A |
Reservation for women members and members belonging to Scheduled Castes or Scheduled Tribes in the committee |
| 28AA |
Reservation for persons with banking experience or professional qualification in the committees of Urban Co-operative Banks |
| 28AB |
Election and Removal of President, Vice President etc. |
| 28B |
State Co-operative Election Commission |
| 29 |
Annual general body meeting |
| 30 |
Special general body meetings |
| 31 |
Nominees of Government on committee of an apex or a central society |
| 32 |
Supersession of Committee |
| 33 |
Appointment of new committee or Administrator on failure to constitute committee, etc. |
| 34 |
Securing possession of Records etc. |
|
CHAPTER V
Privileges of Co-operative Societies |
| 35 |
First charge of society on certain assets |
| 36 |
Charge on land owned or held by members borrowing loans from certain Societies |
| 36A |
Charge on movable or immovable property of borrower by creating Gehan |
| 37 |
Deduction from salary to meet society’s claim in certain cases |
| 38 |
Charges and set off in respect of shares or interest of members in the capital of a society |
| 39 |
Shares or interest or reserve fund not liable to attachment |
| 40 |
Exemption from certain taxes, fees and duties. |
| 41 |
Exemption from compulsory registration of instruments |
|
CHAPTER VI
State Aid to Co-operative Societies |
| 42 |
Direct partnership of Government in societies |
| 43 |
Indirect partnership of Government in societies |
| 44 |
Principal State Partnership Fund |
| 45 |
Subsidiary State Partnership Fund |
| 46 |
Approval of Government for purchase of shares |
| 47 |
Liability to be limited in respect of certain shares |
| 48 |
Restrictions on amount of dividend |
| 49 |
Indemnity of apex and central societies |
| 50 |
Disposal of share capital and dividend, etc. |
| 51 |
Disposal of Principal State Partnership Fund and Subsidiary State Partnership Fund on winding up of apex or central society |
| 52 |
Agreement by Government and apex societies |
| 53 |
Order forms of State aid to societies |
| 54 |
Provisions of Sections 43 to 52 to override other laws |
|
Chapter VI
Properties and funds of Co-operative Societies |
| 55 |
Funds not to be divided |
| 56 |
Disposal of net profit |
| 56A |
Disposal of non banking assets |
| 57 |
Investment of funds |
| 57A |
Co-operative Development and Welfare Fund |
| 57B |
Deposit Guarantee Scheme |
| 57C |
Consortium Lending Scheme |
| 57D |
Co-operative Risk Fund Scheme |
| 58 |
Restrictions on borrowings |
| 59 |
Restrictions on loans |
| 60 |
Restrictions on other transactions with members |
| 61 |
Provident Fund |
| 62 |
Gratuity |
|
CHAPTER VIII
Part A – Audit |
| 63 |
Director of Co-operative Audit |
| 64 |
Scope of audit, Powers of the Director of Co-operative Audit and Procedure for Audit |
|
Part B – Inquiry, Suspension, Investigation and Surcharge |
| 65 |
Inquiry by Registrar |
| 66 |
Supervision and inspection |
| 66A |
Powers of the Registrar to give directions |
| 66B |
Suspension of Officers |
| 66C |
Submission of return to the Registrar |
| 67 |
Cost of inquiry or inspection |
| 68 |
Surcharge |
| 68A |
Vigilance Officer |
|
CHAPTER IX
Settlement of Disputes |
| 69 |
Disputes to be decided by Co-operative Arbitration Court and Registrar |
| 69A |
Co-operative Ombudsman |
| 70 |
Award on disputes |
| 70A |
Co-operative Arbitration Courts |
| 70B |
Provisions as to pending proceedings |
|
CHAPTER X
Winding up and dissolution of Co-operative Societies |
| 71 |
Winding up of Societies |
| 72 |
Liquidator |
| 73 |
Powers of Liquidator |
| 74 |
Cancellation of registration of Society |
|
CHAPTER XA
Insured Co-operative Banks |
| 74A |
Insured Co-operative Banks |
|
CHAPTER XB
Special provisions relating to Co-operative Societies, their office bearers and employees |
| 74B |
Opening of Branches |
| 74C |
Inspection in certain Co-operatives |
| 74D |
Duty of Chief Executive to supply confirmation certificate |
| 74E |
Manner of acceptance of deposits and lending of money |
| 74F |
Write off of loans |
| 74G |
Library in Co-operative Societies |
|
CHAPTER XI
Execution of awards, decrees, orders and decisions |
| 75 |
Enforcement of charge |
| 76 |
Execution of orders etc. |
| 77 |
Registrar or person empowered by him to be a civil court for certain purposes |
| 78 |
Attachment of property before award or order |
| 79 |
Recovery of sums due to Government |
|
CHAPTER XII
Establishment |
| 80 |
Officers, etc. Of Co-operative Societies |
| 80A |
Pension Scheme |
| 80B |
Co-operative Service Examination Board |
| 80C |
The Kerala Co-operative Employees Welfare Scheme |
| 80D |
Kerala Co-operative Employees Welfare Board |
| 80E |
Transfer of assets and control of the existing Kerala State Co-operative Employees Welfare Board |
|
CHAPTER XIII
Appeals, Revision and Review |
| 81 |
Tribunal |
| 81A |
Provisions as to certain pending proceedings |
| 82 |
Appeals to Tribunal |
| 83 |
Appeals to other authorities |
| 84 |
Revision by Tribunal |
| 85 |
Review of orders by Tribunal |
| 86 |
Interlocutory orders by Tribunal |
| 87 |
Powers of revision of Registrar and Government |
|
CHAPTER XIV
Co-operative Unions |
| 88 |
Constitution of Circle Co-operative Unions |
| 88A |
Appointment of officer on default or negligence of members of Circle Co-operative Union |
| 88B |
Appointment of Officers on failure to constitute the Circle Co-operative Union |
| 88C |
Removal of Chairman |
| 89 |
Establishment of State Co-operative Union |
| 89A |
Appointment of officer or committee on default or negligence of the managing committee of the State Co-operative Union |
| 89B |
Appointment of Officers or committee on failure to constitute the managing committee of the State Co-operative Union |
| 89C |
Removal of Chairman, Vice Chairman etc. |
| 90 |
Co-operative Societies to affiliate to State Co-operative Union |
| 91 |
Functions of State Co-operative Union |
| 92 |
Assets, liabilities etc. Of Regional Unions |
| 93 |
Assets, liabilities etc. Of State Union |
|
CHAPTER XV
Offences and Penalties |
| 94 |
Offences |
| 95 |
Cognizance of offences |
| 95A |
Offences by companies |
|
CHAPTER XVI
Miscellaneous |
| 96 |
Address of a society |
| 97 |
Copy of Act, rules and bye-laws to be open to inspection |
| 98 |
Tribunal, Registrar etc. To have certain powers of civil court |
| 99 |
Orders to be pronounced |
| 100 |
Bar of jurisdiction of courts |
| 101 |
Power to exempt societies |
| 102 |
Register of members |
| 103 |
Proof of entries in society’s book |
| 104 |
Service of notice |
| 105 |
Acts of societies not to be invalidated by certain defects |
| 106 |
Immunity for acts done or purporting to be done in good faith |
| 107 |
Companies Act, 1956, not to apply |
| 108 |
Duties of Police Officer |
| 109 |
Power to make rules |
| 110 |
Repeal and savings |
|
Schedule I |
|
Schedule II |
|
Schedule III |