The Andaman and Nicobar Islands Cooperative Socities Regulation 1973 — India law | Esheria

The Andaman and Nicobar Islands Cooperative Socities Regulation 1973

This provision sets out how co-operative societies are registered, governed, and managed, including membership rules, voting, meetings, charges on property, and salary deductions for society debts.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
India
Instrument
Regulation
Version
Undated source snapshot
Language
en
Official source
View official record ↗
appeals audit and inspection audits bad debt write-off dispute resolution dividends election administration election procedure enforcement exemptions fees fees and charges funds funds and investments governance liability loan restrictions meeting procedure membership polling procedures public inspection recovery proceedings registration regulatory approval +5 more

Statute overview

About this statute

This provision sets out how co-operative societies are registered, governed, and managed, including membership rules, voting, meetings, charges on property, and salary deductions for society debts. Co-operative societies may receive some state assistance, but their funds, loans, deposits, audits, winding up, notices, and use of the word “co-operative” are tightly controlled. These rules set procedures for co-operative societies on registration, bye-laws, membership, meetings, funds, dividends, audits, appeals, and Registrar powers. Co-operative societies need approvals before writing off bad debts or losses, cannot lend against their own shares, and must follow Registrar-controlled audit, fee, and reporting rules. The rules require specified steps for attachment, sale, payment, objections, and appeals in co-operative recovery proceedings.