| Sections | Multi-State Cooperative Societies Act, 1984 (51 of 1985) |
| | Preamble |
| | |
| | CHAPTER I: PRELIMINARY |
| 1. | Short title, extent and commencement |
| 2. | Application |
| 3. | Definitions |
| | |
| | CHAPTER II : CENTRAL REGISTRAR AND REGISTRATION OF SOCIETIES |
| 4. | Central Registrar |
| 5. | Multi-State Cooperative Societies which may be registered |
| 6. | Application for registration |
| 7. | Registration |
| 8. | Registration certificate |
| 9. | Amendment of bye-laws of a multi-State Cooperative Society |
| 10. | When amendment of bye-laws comes into force |
| 11. | Change of name |
| 12. | Change of address |
| 13. | Liability |
| 14. | Amalgamation or transfer of assets and liabilities or division of multi-State Cooperative Societies |
| 15. | Central Registrar to prepare scheme of amalgamation or reorganisation of cooperative bank in certain cases |
| 16. | Liability of a cooperative bank to the Deposit Insurance and Credit Guarantee Corporation |
| 17. | Cancellation of registration certificate of multi-State cooperative societies in certain cases |
| 18. | Conversion of cooperative society into multi-State Cooperative Society |
| | |
| | CHAPTER III: MEMBERS OF MULTI-STATE COOPERATIVE SOCIETIES AND THEIR RIGHTS AND LIABILITIES |
| 19. | Persons who may become members |
| 20. | Members not to exercise rights till due payment made |
| 21. | Expulsion of members |
| 22. | Votes of members |
| 23. | Manner of exercising vote |
| 24. | Restrictions on holding of shares |
| 25. | Restrictions on transfer of shares or interest |
| 26. | Redemption of share |
| 27. | Transfer of interest on death of members |
| 28. | Liability of past member and estate of deceased member |
| | |
| | CHAPTER IV: DIRECTION AND MANAGEMENT OF MULTI-STATE COOPERATIVE SOCIETIES |
| 29. | General body, its constitution, powers and functions |
| 30. | Annual general meeting of the general body |
| 31. | Special general meeting of the general body |
| 32. | Board of directors |
| 33. | Association of employees in the management decision making process |
| 34. | Disqualification for a member of a board |
| 35. | Election of members of board |
| 36. | Holding of office in cooperative society |
| 37. | Restrictions on holding of office |
| 38. | Payment of honorarium |
| 39. | Removal of elected members by general body |
| 40. | Removal of member by Central Registrar |
| 41. | Nominee of Central Government or State Government on the board |
| 42. | Powers and functions of the board |
| 43. | Meetings of the board |
| 44. | Chief Executive |
| 45. | Powers and functions of Chief Executive |
| 46. | Committees of the board |
| 47. | Central Government's power to give directions in public interest |
| 48. | Supersession of board |
| 49. | Securing possession of records, etc. |
| 50. | Constitution of body of persons for preparation of list, etc. |
| 51. | Acts of multi-State cooperative societies not to be invalidated by certain defects |
| | |
| | CHAPTER V: PRIVILEGES OF MULTI-STATE COOPERATIVE SOCIETIES |
| 52. | Multi-State Cooperative Society to be body corporate |
| 53. | Charge and set off, in respect of share or contribution or interest of member |
| 54. | Share or contribution or interest not liable to attachment |
| 55. | Register of member |
| 56. | Admissibility of copy of entry as evidence |
| 57. | Exemption from compulsory registration of instruments |
| 58. | Deduction from salary to meet multi-State Cooperative Society's claim in certain cases |
| 59. | Government aid to multi-State Cooperative Societies |
| | |
| | CHAPTER VI: PROPERTIES AND FUNDS OF MULTI-STATE COOPERATIVE SOCIETIES |
| 60. | Funds not to be divided by way of profit |
| 61. | Disposal of net profits |
| 62. | Investment of funds |
| 63. | Restrictions on loans |
| 64. | Restrictions on borrowing |
| 65. | Restrictions on other transactions with non-members |
| 66. | Contributory Provident Fund |
| | |
| | CHAPTER VII: AUDIT, INQUIRY, INSPECTION AND SURCHARGE |
| 67. | Audit |
| 68. | Inspection of multi-State cooperative Societies |
| 69. | Inquiry by Central Registrar |
| 70. | Inspection of books of indebted multi-State cooperative societies |
| 71. | Cost of inquiry and inspection |
| 72. | Recovery of costs |
| 73. | Repayment, etc. |
| | |
| | CHAPTER VIII: SETTLEMENT OF DISPUTES |
| 74. | Disputes |
| 75. | Limitation |
| 76. | Settlement of disputes |
| | |
| | CHAPTER IX: WINDING UP OF MULTI-STATE COOPERATIVE SOCIETIES |
| 77. | Winding up of Multi-State Cooperative Societies |
| 78. | Winding up of cooperative banks at the direction of Reserve Bank |
| 79. | Reimbursement to the Deposit Insurance Corporation by liquidator |
| 80. | Liquidator |
| 81. | Powers of liquidator |
| 82. | Disposal of surplus assets |
| 83. | Priority of contributions assessed by liquidator |
| 84. | Power of Central Registrar to cancel registration of a multi-State Cooperative Society |
| | |
| | CHAPTER X: EXECUTION OF DECREES, ORDERS AND DECISIONS |
| 85. | Execution of decisions, etc. |
| 86. | Execution of orders of liquidator |
| 87. | Attachment before award |
| 88. | Central Registrar or the person authorised by him to be civil court for certain purposes |
| 89. | Recovery of sums due to Government |
| | |
| | CHAPTER XI: APPEALS AND REVISION |
| 90. | Appeals |
| 91. | No appeal or revision in certain cases |
| 92. | Revision |
| 93. | Review |
| 94. | Interlocutory orders |
| | |
| | CHAPTER XII: SOCIETIES WHICH BECOME MULTI-STATE COOPERATIVE SOCIETIES CONSEQUENT ON REORGANISATION OF STATES |
| 95. | Cooperative societies functioning immediately before re-organisation of States |
| | |
| | CHAPTER XIII: OFFENCES AND PENALTIES |
| 96. | Offences |
| 97. | Cognizance of offences |
| | |
| | CHAPTER XIV: MISCELLANEOUS |
| 98. | Copy of Act, rules and bye-laws etc., to be open to inspection |
| 99. | Power to exempt multi-State Cooperative Societies from conditions as to registration |
| 100. | Liquidator to be public servant |
| 101. | Notice necessary in suits |
| 102. | Certain Acts not to apply |
| 103. | Savings of existing multi-State Cooperative Societies |
| 104. | Power to amend second Schedule |
| 105. | Bar of jurisdiction of courts |
| 106. | Powers of civil court |
| 107. | Indemnity |
| 108. | Opening of branches |
| 109. | Power to make Rules |
| 110. | Repeal |
| | |
| | FIRST SCHEDULE |
| | SECOND SCHEDULE |
