24 Nov An Act to consolidate and amend the law relating to co-operative societies in the State of Maharashtra. WHEREAS, with a view to providing for. (1) This Act may be called the Maharashtra Co-operative Societies Act, . 14 [(16) “housing society”means a society, the object of which is to provide its. (1) This Act may be called the Maharashtra Co-operative Societies Act, . [(16) “housing society” means a society, the object of which is to provide its.

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Societies with area of operation extending over Greater Bombay the Registered Office of which is located in his jurisdiction including societies specified maharashtra cooperative housing society act 1960 Section G and notified under Section Maharawhtra of the Act, Premises and Housing Societies having membership of more than 50 or land admeasuring more than 5, sq. Principal State Partnership Fund. Such order may also contain such incidental, consequential and supplemental provisions as may, in the opinion of the Registrar, be necessary to give effect to the amalgamation of the societies.

Costs of inquiry and inspection. Power to Collector to alter dates for list of voters. Manner of calling upon society to make amendment to byelaws.

Provided that, in the case of an equality of votes the Chairman shall have a casting vote;] [ Explanation. Registrar to take action when the Committee vacates office under Section G 2B. Appointment of Returning Officers.

Application of this Chapter and definitions. Cooperative education and training to members, etc. Preparation of list of contesting candidates. Recrimination when seat claimed. Utilisation and investment of reserve fund. Conditions for borrowing by societies with limited liability. Such declaration maharashtra cooperative housing society act 1960 state that the applicant thereby creates a charge on such land maharashtra cooperative housing society act 1960 interest specified in the declaration for the payment of the amount of the loan which the society may make to the member in pursuance of the application, and for all future advances if any required by him which the society may make to him such member, subject to such maximum as may be determined by the society, together with interest on such amount of the loan and advances.

Power to direct amendment of bye-laws. All powers of the Registrar under the Societies Rules,not being powers under- i Section 81; and ii Rule Registrar’s Power to remove member for failure to supply his agricultural produce to processing society.

Registration of mortgage lease etc. Indemnity of Apex and Central societies. One time limit for repairs and maintenance expenses management committee can decide is Rs.

Termination of liquidation proceedings. Procedure for attachment hosuing sale of property for realisation of any security given by person in course of execution proceedings.

Maharashtra Co-Operative Societies Act,

Mode of communication of an interim order under Section Restrictions on credit sales to nonmembers. Exemption from compulsory registration of instruments relating to shares and debentures of society.

Principal or Subsidiary State Partnership Fund not to form part of assets. General duty of Returning Officer.

Recent changes in Maharashtra Co-Operative Society Act 1960

Limits on loans against fixed deposits. Act, and Rule of M. For this purpose, the society shall submit to the Registrar.: Thane Taluka excluding Thane Municipal Corporation area. Motion of noconfidence against officers of societies. First byelaws of a society. All powers of jaharashtra Registrar under the Act and the said rules not being powers under —.

Procedure for appointment, suspension, and removal of members of the committee and other officers, etc. Application of Chapter XI1A to nonagricultural cooperative credit societies. Appointment of Presiding Ach and Polling Officers. Registrars power to enforce performance of obligations.

Subsidiary State Partnership Fund. Societies, the area of operation of which does not extend to the whole of the State. Maharashtra Cooperative Societies Rules, 1.

Reservation of seats for employees on committees of certain societies.