The Co-operative Societies

• 243ZHDefinitionsIn this Part, unless the context otherwise requires,—   (a) "authorised person" means a person referred to as such in article 243ZQ;   (b) "board" means the board of directors
• 243ZIIncorporation of co-operative societiesSubject to the provisions of this Part, the Legislature of a State may, by law, make provisions with respect to the incorporation, regulation and winding up of co-operative societi
• 243ZJNumber and term of members of board and its office bearers(1) The board shall consist of such number of directors as may be provided by the Legislature of a State, by law:   Provided that the maximum number of directors of a co-operativ
• 243ZKElection of members of board(1) Notwithstanding anything contained in any law made by the Legislature of a State, the election of a board shall be conducted before the expiry of the term of the board so as to
• 243ZLSupersession and suspension of board and interim management(1) Notwithstanding anything contained in any law for the time being in force, no board shall be superseded or kept under supersession for a period exceeding six months:   Provid
• 243ZMAudit of accounts of co-operative societies(1) The Legislature of a State may, by law, make provisions with respect to the maintenance of accounts by the co-operative societies and the auditing of such accounts at least onc
• 243ZNConvening of general body meetingsThe Legislature of a State may, by law, make provisions that the annual general body meeting of every co-operative society shall be convened within a period of six months of close
• 243ZORight of a member to get information(1) The Legislature of a State may, by law, provide for access to every member of a co-operative society to the books, information and accounts of the cooperative society kept in r
• 243ZPReturns(1) Every co-operative society shall file returns, within six months of the close of every financial year, to the authority designated by the State Government including the followi
• 243ZQOffences and Penalties(1) The Legislature of a State may, by law, make provisions for the offences relating to the co-operative societies and penalties for such offences.   (2) A law made by the Legis
• 243ZRApplication to multi-State co-operative societiesThe provisions of this Part shall apply to the multi-State co-operative societies subject to the modification that any reference to "Legislature of a State", "State Act" or State G
• 243ZSApplication to Union territoriesThe provisions of this Part shall apply to the Union territories and shall, in their application to a Union territory, having no Legislative Assembly as if the references to the Le
• 243ZTContinuance of existing lawsNotwithstanding anything in this Part, any provision of any law relating to co-operative societies in force in a State immediately before the commencement of the Constitution (Nine