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The Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995

The Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995

Corporate199547 sections

The Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995 provides a legal framework for voluntary, member-funded cooperative societies in Andhra Pradesh to operate autonomously. It applies to groups of individuals or existing cooperatives wishing to establish self-reliant enterprises based on mutual assistance. The law regulates society registration, bye-law framing, fund mobilization, governance, liability, and organizational restructuring like mergers or divisions. By granting legal status as corporate bodies and ensuring minimal government interference, this legislation empowers ordinary citizens to democratically manage shared economic activities, pool resources, and build financially independent community organizations.

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  1. 0. Preamble
  2. 1. Short title, extent and commencement –(1) This Act may be called the
  3. 2. Definitions -In this Act unless the context otherwise requires:
  4. 3. Co-operative Principles and bye-laws -Individuals or Co-operatives
  5. 4. Registration -(1) Where not less than ten individuals of each being
  6. 5. Societies for the State and as many other Officers as the Government may think fit for the purposes of this Act.
  7. 6. Provided that where a Society was earlier registered under the Andhra Pradesh Co-operative Societies Act, 1964, such registration shall stand cancelled once a certificate of registration under this section is issued.
  8. 7. Registration with limited or unlimited liability -A Co-operative Society
  9. 8. Display of name -(1) Every Co-operative Society shall display its full name
  10. 9. Bye-laws -(1) Except on such specific matters for which this Act has
  11. 10. Amendment of Bye-Laws -(1) Amendment of bye-laws:- A Co-operative
  12. 11. Changeof liability, transfer of assets and liabilities, division
  13. 12. Promotion of subsidiary organisation
  14. 13. Creation of new organisation with others -Where the collaboration
  15. 14. Mobilisation of funds -(1) A Co-operative Society may mobilise funds in
  16. 15. Regulation Act, 1949.
  17. 16. Disposal of surplus –(1) In any year a Co-operative Society shall allocate
  18. 17. Management of deficit
  19. 18. Reserve Fund -A Co-operative Society may create a Reserve for such
  20. 19. Eligibility for member ship -(1) Subject to the bye-laws, any person who
  21. 20. Provided further that the other above proviso shall not apply to the promoter, member in the first year of registration of a Co-operative Society.
  22. 21. Board of Directors -(1) There shall be a Board of Directors for every Co-
  23. 22. Society as a result thereof, shall be personally liable to make good that loss, without prejudice to such criminal action to which he is liable under the law.
  24. 23. Elections -(1) The conduct of elections of Directors of a Co-operative
  25. 24. Meetings –(1) The bye-laws of a Co-operative Society shall specify the
  26. 25. Staff -All staff of the Co-operative Societies shall be the employees of the
  27. 26. Accounts and Records
  28. 27. Audit –(1) A Co-operative Society may get it accounts audited by a
  29. 28. Special Audit -(1) A Co-operative Society dealing with funds from the
  30. 29. Inquiry -(1) Every Co-operative Society shall furnish any relevant
  31. 30. Power to summon and examine persons and documents -(1) The
  32. 31. Action on special audit or inquiry report –On communication of a
  33. 32. Constitution of Tribunals -(1) The Government may for the purposes of
  34. 33. Societies Act, 1964 (Act 7 of 1964) shall, mutatis mutandis apply for the constitution of co-operative tribunals under this section.
  35. 34. Court shall be executed in the same manner as a, decree of a Civil Court under the Code of Civil Procedure, 1908(Central Act 5 of 1908).
  36. 35. Rights and privileges -A Co-operative Society shall have all the rights and
  37. 36. Act.
  38. 36A. Application of Chapter XIII-A of the Andhra Pradesh Co-operative
  39. 37. Banking as defined in clause (b) of sub-section (1) of Section 5 of the Banking Regulation Act, 1949 (Central Act 10 of 1949).
  40. 38. Offence and penalties
  41. 39. Dissolution by members -(1) A Co-operative Society may, by a special
  42. 40. Dissolution by Tribunal -(1) The Registrar or an interested person may,
  43. 41. Co-operative Society is situated.
  44. 42. Duties of Liquidator -On his appointment, a liquidator shall,-
  45. 43. Powers of liquidators -(1) The liquidator may,-
  46. 44. Final Accounts -(1) A liquidator shall pay the cost of liquidation out of the
  47. 45. Fee for services -The Registrar may charge a reasonable fee for any of the

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