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Karnataka Souharda Sahakari Act, 1997
Section
Section Title
INTRODUCTION
PREAMBLE
CHAPTER I : PRELIMINARY
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1
Short title and commencement
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2
Definitions
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CHAPTER II : REGISTRATION
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3
Registrar, Additional Registrars, Joint Registrars, Deputy Registrars and Assistant Registrars
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4
Co-operatives which may be registered
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5
Application for registration of Co-operative
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6
Certificate of registration
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7
Co-operative to be a body corporate
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8
Registration with limited or unlimited liability
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9
Display of names etc
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10
Bye-laws
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11
Amendment of bye-laws
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12
Change of Liability, transfer of Assets and Liabilities, Division and Amalgamation of Co-operatives
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13
Consequences of transfer of assets and liabilities, division and amalgamation
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14
Partnership of Co-operatives
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15
Promotion of subsidiary organisations
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16
Collaboration by Co-operatives
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CHAPTER III : FUNDS
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17
Mobilisation of Funds
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18
Investment of Funds
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19
Restrictions on contribution by a Co-operative
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CHAPTER IV : MANAGEMENT OF CO-OPERATIVE
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20
Persons who may be admitted or continued as members
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21
Removal of membership
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21A
Nominal and associate members
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22
Restriction on services to non-members
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23
General Body
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24
Board
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25
Disqualification for being elected or continued as director
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26
Election of Board
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27
Powers and functions of the board
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28
Election of office bearers
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29
Filling up of casual vacancies
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30
Meetings
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31
Employees
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CHAPTER V : ACCOUNTS, AUDIT AND INQUIRY
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32
Maintenance of records, Accounts, etc
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32A
Profits and losses of Co-operative
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33
Audit
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34
Furnishing Information
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35
Inquiry
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36
Power to summon and examine persons and documents
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37
Action on inquiry Report
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CHAPTER VI : SUPERSESSION
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38
Supersession
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CHAPTER VII : SETTLEMENT OF DISPUTE
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39
Disputes which may be referred to the Registrar for decision
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40
Period of limitation
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41
Disposal of disputes
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42
Bar of jurisdiction of courts
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43
Execution of orders, etc
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44
Attachment of property before award or order
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45
Procedure for settlement of disputes and power of the Registrar or any other person to whom a dispute is referred for decision
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46
Appeal
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CHAPTER VIII : WINDING UP OF CO-OPERATIVES
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47
Winding up of a Co-operative
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48
Winding up by the Registrar
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49
Duties of Liquidator
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50
Powers of Liquidator
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51
Final Accounts
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52
Disposal of assets of a Co-operative under liquidation
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CHAPTER IX : THE FEDERAL CO-OPERATIVE
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53
Constitution, functions and management of Federal Co-operative
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54
Board of the Federal Co-operative
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55
Disqualification for being elected or continued as director
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56
Powers and Functions of the Board
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57
Powers and functions of President or Chairperson Vice-President or Vice-Chairperson and other office bearers
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58
Elections
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59
Filling up of casual vacancies
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60
Meetings
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61
Employees of the Federal Co-operative
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62
Funds of the Federal Co-operative
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63
Accounts
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64
Inquiry
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66
Action on Inquiry Report
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CHAPTER X : CO-OPERATIVE PRINCIPLES
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67
Co-operative principles
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CHAPTER XA : SPECIAL PROVISIONS FOR INSURED BANKS
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67A
Certain orders to be passed by the Registrar if so required by the Reserve Bank
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67B
Reimbursement to the Deposit Insurance Corporation by the liquidators
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CHAPTER XI : OFFENCES AND PENALTIES
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68
Offences and penalties
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CHAPTER XII : MISCELLANEOUS
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69
Cognizance of offence
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70
Power to remove difficulties
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71
Power to make rules
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72
Savings
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