Section 73-ID of MCS ACT 1960 : Motion of no confidence against officers of societies
73-ID. Motion of no confidence against officers of societies (1) An officer who holds office by virtue of his election to that office shall...
Friday, 14 October 2022
Section 73 of MCS ACT 1960 : Committee, its powers and functions
73.Committee, its powers and functions (1) The management of every society shall vest in a committee, constituted in accordance with this A...
Section 72A of MCS ACT 1960 : Freedom of affiliation or disaffiliation with a federal structure of choice
72A.Freedom of affiliation or disaffiliation with a federal structure of choice Notwithstanding anything contained in this Act or any other ...
Section 72 of MCS ACT 1960 : Final authority of society
72. Final authority of society Subject to the provisions in this Act and the rules, the final authority of every society shall vest in the g...
Tuesday, 11 October 2022
Section 71A of MCS ACT 1960 : Funds not to be utilized for certain proceedings filed or taken by or against officers in personal capacities
71A.Funds not to be utilized for certain proceedings filed or taken by or against officers in personal capacities (1) No expenditure from th...
Section 71 of MCS ACT 1960 : Employees’ Provident Fund
71.Employees’ Provident Fund (1) Any society may establish for its employees a provident fund, into which shall be paid the contributions m...
Section 70 of MCS ACT 1960 : Investment of funds
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...
Section 69B of MCS ACT 1960 : Constitution of District Level and State Level Committees
69B.Constitution of District Level and State Level Committees The State Government shall constitute District Level Committees and the State ...
Section 69 of MCS ACT 1960 : Contribution to public purposes
69. Contribution to public purposes After providing for the reserve fund as provided in section 66, and for the 3[funds towards co-operati...
Section 68 of MCS ACT 1960 : Contribution to education fund of the State federal society
68.Contribution to education fund of the State federal society (1) Every society not being co-operative credit structure entity shall contr...
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