Co Operative Housing Society Accounting Services in Navi

Tuesday, 11 October 2022

71A.Funds not to be utilized for certain proceedings filed or taken by or against officers in personal capacities (1) No expenditure from th...

71.Employees’ Provident Fund (1) Any society may establish for its employees a provident fund, into which shall be paid the contributions m...

70.Investment of funds A society shall invest or deposit its funds in one or more of the following :— (a) in a District Central Co-operativ...

69B.Constitution of District Level and State Level Committees The State Government shall constitute District Level Committees and the State ...

69. Contribution to public purposes After providing for the reserve fund as provided in section 66, and for the 3[funds towards co-operati...

68.Contribution to education fund of the State federal society (1) Every society not being co-operative credit structure entity shall contr...

67.Restrictions on dividend No society shall pay dividend to its members at a rate exceeding per cent. except with the prior sanction of the...

66.Reserve Fund (1) Every society which does, or can, derive a profit from its transactions, shall maintain a reserve fund. (2) Every societ...

65.Ascertainment and appropriation of profits (1)A society shall construct its relevant annual financial statements and arrive at its conse...

64.Funds not to be divided No part of the funds, other than 2[the dividend equalisation or bonus equalisation funds as may be prescribed or...

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