| Preliminary |
| Short title, extend and commencement |
| Definitions |
| |
| Registration |
| 3. Registrar and his subordinates |
| 3A. Temporary vacancies |
| 4. Societies which may be registered |
| 5. Registration with limited or unlimited liability |
| 6. Conditions of registration |
| 7. Power to exempt societies or class of societies from conditions as to registration |
| 8. Application for registration |
| 9. Registration |
| 10. Evidence of registration |
| 11. Power of Registrar to decide certain questions |
| 12. Classification of societies |
| 13. Amendment of bye-laws of society |
| 14. Power to direct amendment of bye-laws |
| 15. Change of name |
| 16. Change of liability |
| 17. Amalgamation, transfer, division or conversion of societies |
| 18. Power to direct amalgamation, division and reorganization in public interest, etc |
| 18-A. Amalgamation of Co-operative Banks |
| 18-B. Amalgamation of primary agricultural credit societies |
| 18-C. Reorganization of societies on account of alteration of limits of local areas in which they operate |
| 19. Reconstruction of societies |
| 20. Partnership of societies |
| 20-A. Collaboration by societies |
| 21. Cancellation of registration |
| 21-A. De-registration of societies |
| |
| Members and their Rights and Liabilities |
| 22. Person who may become member |
| 23. Open membership |
| 24. Nominal, associate and sympathizer member |
| 25. Cessation of membership |
| 25-A. Removal of names of members from Membership registers |
| 26. No rights of membership to be exercised till due payments are made |
| 27. Voting powers of members |
| 28. Restrictions on holding of shares |
| 29. Restrictions on transfer or charge on share or interest |
| 30. Transfer of interest on death of member |
| 31. Share or interest not liable to attachment |
| 32. Rights of members to see books, etc |
| 32-A. certain societies to give pass books to members and entries in such book evidence of amount due |
| 33. Liability of past member and estate of deceased member |
| 34. Insolvency of members |
| 35. Expulsion of members |
| |
| Incorporation, Duties Privileges Of Societies |
| 36. Societies to be bodies corporate |
| 37. Address of societies |
| 38. Register of members |
| 39. Copy of Act, etc., to be open to inspection |
| 40. Admissibility of copy of entry of evidence |
| 41. Exemption from compulsory registration of instruments relating to shares and debentures of society |
| 42. Power to exempt from taxation; Power to refund |
| 43. Restrictions on borrowings |
| 44-(A) Limit on interest in certain cases |
| 44. Regulation of loan making policy |
| 45. Restrictions on other transactions with non-members |
| 46. Charge and set-off in respect of share or interest of members |
| 47. Prior claim of society |
| 48. Charge on immovable property of members, borrowing from certain societies |
| 48A. Deduction from sale price of certain agricultural produce to meet society's dues |
| 49. Deduction from salary to meet society's claims in certain cases |
| |
| State Aids to Societies |
| 50. Direct partnership of State Government in societies |
| 51. Indirect partnership of State Government in societies |
| 52. Principal State Partnership Fund |
| 53. Subsidiary State Partnership Fund |
| 54. Approval of State Government for purchase of shares |
| 55. Liability to be limited in respect of certain shares |
| 56. Restriction on amount of dividend |
| 57. Indemnity of Apex and Central societies |
| 58. Disposal of share capital and dividend, etc |
| 59. Disposal of Principal or Subsidiary State Partnership Fund on winding up of Apex or Central society |
| 60. Principal or Subsidiary State Partnership Fund not to form part of assets |
| 61. Agreement by State Government and Apex societies.-Subject to the foregoing provisions of this Chapter |
| 62. Other forms of State aid to societies |
| 63. Provisions of this Chapter to override other laws |
| |
| Property and funds of societies |
| 64. Funds not to be divided |
| 65. Ascertainment and appropriation of profits |
| 66. Reserve Fund |
| 67. Restriction on dividend |
| 68. Contribution to education fund of the State federal society |
| 69. Contribution to public purposes |
| 69-A Constitution of Co-operative State Cadre of Secretaries of certain societies and establishment of Employment Fund for such Cadre |
| 70. Investment of funds |
| 71. Employees Provident Fund |
| 71-A. Funds not to be utilised for certain proceedings filed or taken by or against officers in personal capacities |
| |
| Management of Societies |
| 72. Final authority of society |
| 73. Committee, its powers and functions |
| 73-A. Disqualification for being designated officer simultaneously of certain categories of societies or for being designated officer of the same society for more than ten years |
| 73AA Designated officer who is associate Councilor to cease to be designated officer on ceasing to be such Councilor |
| 73AB. Cessation of membership of committee held by virtue of office under Government etc |
| 73-B. Reservation of seats on committees of certain societies for Scheduled Castes, Scheduled tribes, Other Backward Classes, De-notified Tribes (Vimukta Jatis), Nomadic Tribes, Special Backward Classes and for me |
| 73BB. Reservation of seats for employees on committees of certain societies |
| 73BBB. Reservation of seats on committees of societies for women members and elections thereto |
| 73-C. Restrictions on representation of certain class of members on committees of certain societies and for being designated officers |
| 73-D Society's nominee on other society not eligible to be designated officer except in federal society |
| 73-E In specified societies members not having minimum number of transactions of certain monetary limits not entitled to be designated officers |
| 73-F. Member who or whose near relation in dealing in goods for purchase of which loans are given by a society not eligible to be on its committee |
| 73-FF. Disqualification for membership of committee |
| 73-FFF Eligibility for re-appointment or re-election as member of committee |
| 73-G. Provision for conduct of elections to committees and of officers of certain societies and term of office of member of such committees |
| 73-H. Responsibility of committee to hold election before expiry of term. |
| 73-IA Election to more than one seat on committee of society including specified society |
| 73-IB. Powers of State Government to postpone election |
| 73-IC Election to notified societies |
| 73-ID Motion of no-confidence against officers of societies |
| 74. Qualification and appointment of Manager, Secretary and other officers of societies and Chief Executives Officer and Financial Officer for certain societies |
| 75. Annual General Meeting |
| 76. Special general meeting |
| 77. Acts of societies etc., not to be invalidated by certain defects |
| 77A. Appointment of member of committee, new committee or Administrator, where there is failure to elect member, to constitute committee or where committee does not enter upon office |
| 78. Power of removal of committee or member thereof |
| 79- A. Government's powers to give directions in the public interest, etc |
| 79. Registrar's power to enforce performance of obligations |
| 79AA. Registrar's powers to give directions to frame regulations |
| 79-B. Registrar's power to remove member for failure to supply his agricultural produce to processing society |
| 80. Registrar's power to seize records etc |
| |
| Audit Inquiry Inspection and Supervision |
| 81. Audit.— |
| 82. Rectification of defects in accounts |
| 83. Inquiry by Registrar |
| 84. Inspection of books of indebted society |
| 85. Costs of inquiry and inspection |
| 86. Recovery of costs |
| 87. Registrar to bring defects disclosed in inquiry or inspection to notice of society |
| 88. Power of Registrar to assess damages against delinquent promoters, etc |
| 88A. Deposit towards fees of inquiry |
| 89. Power to enforce, attendance etc |
| 89A. Power to inspect working of society |
| 90. Constitution or recognition of federal authority to supervise working of societies |
| |
| Liquidation |
| 102. Winding up |
| 103. Appointment of Liquidator |
| 104. Appeal against order of winding up |
| 105. Powers of Liquidator |
| 106. Effect of order of winding up |
| 107. Bar of suit in winding up and dissolution matters |
| 108. Audit of Liquidators accounts |
| 109. Termination of liquidation proceedings |
| 110. Disposal of surplus assets. |
| |
| Insured co-operative bank |
| 110-A Order for winding up, reconstruction, super session of committee, etc., of insured Co-operative Bank, not to be made without sanction or requisition of Reserve Bank of India. |
| |
| Agriculture and rural development bank |
| 111. Application of Chapter XI of Agriculture and Rural Development Banks |
| 112. AA election of delegate as member of Agriculture and Rural Development Bank from City of Bombay District and Bombay Suburban District |
| 112. B Gener al Body and committee of State Agriculture and Rural Development Bank |
| 112. State and other Agriculture and Rural Development banks |
| 112-A. District Loan Committee, its constitution, term of office of delegates, casual vacancies, powers of such Committee etc |
| 112-C. deleted |
| 113. Appointment, powers and functions of Trustee |
| 114. Issue of debentures |
| 115. Guarantee by State Government |
| 116. Vesting of property in Trustee and Debenture holders, charge on assets |
| 117. Powers of Agriculture and Rural Development Banks to advance loans and to hold lands |
| 118. Section 118 deleted |
| 119. Order granting loan conclusive of certain matters |
| 120. Priority of mortgage |
| 121. Mortgages and other instruments executed in favour of an Agriculture and Rural Development Bank to stand vested in State Agriculture and Rural Development Bank |
| 122. Registration of Mortgage, Lease, etc., executed in favour of Agriculture and Rural Development Banks |
| 123. Mortgages and other instruments not to be questioned on insolvency of mortgagors 3or executants |
| 124. Section 124 deleted |
| 125. Mortgages 8and other instruments executed by managers of joint Hindu families |
| 126. Section 8 of the Act XXXII of 1956 to apply to mortgages and other instruments to an Agriculture and Rural Development Bank, subject to certain modifications |
| 127. Restrictions on lease |
| 128. Agriculture and Rural Development Bank to receive money and give discharge |
| 129. Powers of Agriculture and Rural Development Bank where mortgaged or encumbered property is destroyed or security becomes insufficient |
| 130. Right of Agriculture and Rural Development Bank to buy mortgaged property |
| 131. Recovery of loans by Development Banks |
| 132. Powers to distrait |
| 133. Sale of mortgaged or encumbered property |
| 133A. mortgaged or encumbered property of tribal not to be sold to non-tribal at public auction under section 133 |
| 134. Confirmation of sale |
| 135. Disposal of sale-proceeds |
| 136. Certificate to purchase, delivery of property and title of purchaser |
| 137. Recovery of loans on certificate by Registrar |
| 138. Mode of recovery by Collector |
| 139. Officers or members of family not to bid at auction sale |
| 140. Section 40 of Bombay XXVIII of 1947 not to apply to alienation in favour of Agriculture and Rural Development Banks |
| 141. Provision for Guarantee Funds to meet certain losses |
| 142. Registrars power to permit any society or a class of Societies to function as an Agriculture and Rural Development Bank |
| 143. Service of notice |
| 143A. Transfer of rights and liabilities of Government in respect of schemes sanctioned under BOM. XXVIII of 1942 |
| 144. Power of Committee of State Agriculture and Rural Development Bank to supervise Agriculture and Rural Development Bank and make regulation |
| 144-1A. Reorganization, amalgamation or division of Agriculture and Rural Development Banks, in public interest, etc |
| |
| Elections of committees and officers of certain socities |
| 144-A. Application of this Chapter and definitions |
| 144-B.When elections to be held |
| 144-C. Conduct of elections |
| 144-D. Cost of conducting election |
| 144-E. Disqualifications for membership |
| 144-F. Account of election expenses, maximum thereof and lodging of account. |
| 144-G. Disqualification for failure of lodge account of election expenses |
| 144-H. Removal or reduction of period of disqualification |
| 144-I. Corrupt practices |
| 144-J. Maintenance of secrecy of voting |
| 144-K. Officers, etc., at elections not to act for candidates or to influence voting |
| 144-L. Prohibition of canvassing in or near polling station |
| 144-M. Penalty for disorderly conduct in or near polling stations |
| 144-N. Penalty for misconduct at the polling station. |
| 144-O. Penalty for illegal hiring or procuring of conveyances at elections |
| 144-P. Breaches of official duty in connection with election |
| 144-Q. Removal of ballot papers from polling station to be an offence |
| 144-R other offences and penalties therefore |
| 144-S. Application of section 148 to offences under this Chapter subject to certain modifications |
| 144-T. Disputes relating to elections to be submitted to the Commissioner or other specified officer |
| 144-U. Deposit towards costs for hearing and power to award costs |
| 144-V. Contents of petition |
| 144-W. Relief that may be claimed by the petitioner |
| 144-X Power to make rules for purposes of this chapter |
| 144-Y. Special provisions to election of officers of specified societies |
| |
| Offences and penalties |
| 145. Prohibition of use of the word Cooperative |
| 146. Offences |
| 147. Punishments for Offences under section 146 |
| 148. Cognizance of offences |
| 148A. Contempt of Co-operative Courts and of Co-operative Appellate Court |
| |
| Appeals Review and Revision |
| 149. Maharashtra State Co-operative Appellate Court |
| 150. Review of orders of Co-operative Appellate Court |
| 151. Co-operative Appellate Court to have power of Civil Court |
| 152. Appeals |
| 152-A. Appeal against rejection of nomination paper at election |
| 153. Extension of period of limitation by appellate authority in certain cases |
| 154. Reversionary powers of State Government and Registrar |
| |
| Maharashtra State Co-operative Council |
| 154A. Constitution of State Co-operative Council, its functions, etc |
| 155. Recovery of sums due to Government |
| 156. Registrars powers to recover certain sums by attachment and sale of property |
| 157. Power to exempt societies from provisions of Act |
| 158. Delegation of Power of Registrar to certain authorities and officers |
| 159. Branches, etc. of societies outside the State |
| 160. Handing over records and property to new Chairman on election |
| 160A. Members of State Legislature and certain local authorities not to be remunerated while holding certain offices in societies |
| 160B. Members of committees not entitled to traveling allowance, daily allowance, etc., at a rate higher than maximum prescribed |
| 161. Registrar and other officers to be public servants |
| 162. Indemnity for acts done, in good faith |
| 163. Bar of jurisdiction of Courts |
| 164. Notice necessary in suits |
| 165. Rules |
| 166. Repeal, saving and construction |
| 167. Companies Act not to apply |
