Section 35 of MCS ACT 1960 : Expulsion of Members
35.Expulsion of Members (1) A society may, by resolution passed 1[ by a majority of not less than three-fourths] of the members entitled to...
Showing posts with label MCS ACT 1960. Show all posts
Showing posts with label MCS ACT 1960. Show all posts
Friday 23 September 2022
Section 34 of MCS ACT 1960 : Insolvency of Members
34.Insolvency of Members Notwithstanding anything contained in the Presidency-towns Insolvency Act, 1909, the Provincial Insolvency Act, 192...
Section 33 of MCS ACT 1960 : Liability of past member and estate of deceased member
33.Liability of past member and estate of deceased member (1) Subject to the provisions of sub-section (2), the liability of a past member, ...
Section 32A of MCS ACT 1960 : Certain societies to give pass books to members and entries in such book evidence of amount due
32A.Certain societies to give pass books to members and entries in such book evidence of amount due (1) A society which gives loans to its m...
Section 32 of MCS ACT 1960 : Rights of members to see books, etc
32.Rights of members to see books, etc (1) Every member of a society shall be entitled to inspect, free of cost, at the society’s office ...
Section 31 of MCS ACT 1960 : Share or interest not liable to attachment
31. Share or interest not liable to attachment The share or interest of a member in the capital of a society, or in the loan-stock issued...
Section 30 of MCS ACT 1960 : Transfer of interest on death of member
30.Transfer of interest on death of member (1) On the death of a member of a society, the society shall transfer the share or interest of th...
Section 29 of MCS ACT 1960 : Restrictions on transfer or charge of share or interest
29.Restrictions on transfer or charge of share or interest (1) Subject to the provisions of the last preceding section as to the maximum hol...
Section 28 of MCS ACT 1960 : Restrictions on holding of shares
28.Restrictions on holding of shares In any society, 4[no member, other than the Government, or any other society, or with the previous sanc...
Section 27 of MCS ACT 1960 : Voting Powers of Members
27.Voting Powers of Members (1) Save as otherwise provided in sub-sections (2) to (7), both inclusive, no member of any society shall have m...
Section 26 of MCS ACT 1960 : Rights and Duties of Members
26.Rights and Duties of Members (1) A member shall be entitled to exercise such rights as provided in the Act, rules and by-laws : Provided ...
Section 25A of MCS ACT 1960 : Removal of names of members from membership register
25A.Removal of names of members from membership register The committee of a society shall remove from the register of its members the name o...
Section 25 of MCS ACT 1960 : Cessation of Membership
25.Cessation of Membership A person shall cease to be a member of a society on his resignation from the membership thereof being accepted, o...
Section 24A of MCS ACT 1960 : Co-operative education and training to members, etc
24A.Co-operative education and training to members, etc (1) Every society shall organise co-operative education and training, for its member...
Section 24 of MCS ACT 1960 : Nominal and Associate Member
24.Nominal and Associate Member (1) Notwithstanding anything contained in section 22, a society may admit any person as a 4[nominal or assoc...
Section 23 of MCS ACT 1960 : Open Membership
23.Open Membership (1) No society shall without sufficient cause, refuse admission to membership to any person duly qualified therefor under...
Section 22 of MCS ACT 1960 : Person who may become member
22.Person who may become member (1) Subject to the provisions of section 24, no person shall be admitted as a member of a society except ...
Wednesday 21 September 2022
Section 21A of MCS ACT 1960 : Deregistration of societies
21A. Deregistration of societies. (1) If the Registrar is satisfied that any society is registered on mis-representation made by applicants,...
Section 21 of MCS ACT 1960 : Cancellation of registration
21. Cancellation of registration The Registrar shall make an order cancelling the registration of a society if it transfers the whole of it...
Section 20A of MCS ACT 1960 : Collaboration by societies
20A. Collaboration by societies (1) Any society or societies may, with the prior approval of the State Government, 3[and subject to such ter...
