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(Co-operative) Societies Act, 1925

Topic Serial # Content Case Law
 

PRIVILEGES OF SOCIETIES

 
23 Societies to be bodies corporate Case Law
24 Prior claim of society Case Law
25 Charge and set-off in respect of shares or interest of member Case Law
26 Shares or interest not liable to attachment
27 Transfer of interest on death of member
28 Liability of past member
29 Liability of the estate of deceased member
30 Register of members
31 Admissibility of copy of entry as evidence
32 Exemption from compulsory registration of instruments relating to shares [etc] of society
33 Power to exempt from income-tax, stamp-duty, registration and court fees
33 33-A Provincial Government may give loans or guarantee interest [or return]
 

[CHAPTER VI

 
 

PROPERTY AND FUNDS OF SOCIETIES]

 
34 Restrictions on loans
35 Restrictions on borrowing [and donations]
36 Restrictions on other transactions with non-members
37 Investment of funds
38 Restriction on dividend
39 Reserve Fund
40 Restriction on distribution of profits
41 Provident fund
42 Contribution to charitable purpose
 

[CHAPTER VII

 
 

INSPECTION OF AFFAIRS]

 
43 Inquiry by Registrar Case Law
44 Inspection of books of indebted society
44 44-A Inspection of books and properties
44 44-B Power of Registrar to exercise powers under section 50-A in the course of an inquiry or inspection
44 44-C Power to remove officers
44 44-D Power of Registrar to give directions
44 44-E Special measures Case Law
45 Costs of inquiry
46 Recovery of costs
 

[CHAPTER VIII

 
 

LIQUIDATION AND ARBITRATION]

 
47 Winding up
48 Society may be wound up if membership is reduced Case Law
48 48-A Winding up of housing society
49 Effect of cancellation of registration
50 Power of a liquidator
50 50-A Power of Registrar to assess damage against delinquent promoters, etc Case Law
51 Bar of suit in winding up and dissolution matters
52 Disposal of surplus assets
53 Surplus assets of housing society Case Law
54 Arbitration Case Law
54 54-A Registrar’s power to set aside the award and order the dispute to be referred back to arbitration Case Law
55 Attachment before award
56 Appeal against award of arbitrator
57 Finality of awards in certain orders
58 Powers to enforce attendance
59 Money how recovered Case Law
59 59-A Transfer of property which cannot be sold
 

[CHAPTER VIII-A

 
 

DISTRAINT

 
59 59-B Definitions
59 59-C Cases in which application for distraint may be made
59 59-D Form of application
59 59-E Procedure on receipt of application
59 59-F Execution of order for distraint
59 59-G Service of notice of demand and the grounds of distraint
59 59-H Right to reap, etc., produce
59 59-I Sale proclamation to be issued unless demand is satisfied
59 59-J Place of sale
59 59-K Provisions relating to growing crops
59 59-L Manner of sale
59 59-M Postponement of sale
59 59-N Payment of purchase money
59 59-O Certificate be given to the purchaser
59 59-P Proceeds of sale how to be applied
59 59-Q Certain persons may not purchase
59 59-R Procedure where demand is paid before the sale
59 59-S Distraint of property which is under attachment
59 59-T Suit for compensation for wrongful distraint and appeals
59 59-U Savings
 

[CHAPTER IX

 
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