Vidhi Codex

THE ARUNACHAL PRADESH CO-OPERATIVE SOCIETIES ACT, 1978

The Arunachal Pradesh Cooperative Societies Act, 1978

Corporate1978153 sections

The Arunachal Pradesh Cooperative Societies Act, 1978 provides a complete legal framework for establishing, registering, managing, and regulating cooperative societies across Arunachal Pradesh. It applies to diverse cooperative ventures including agricultural marketing, credit, housing, farming, consumer, and processing societies. The law mandates democratic governance through elected boards, restricts individual shareholding to ensure fair participation, and grants indigenous tribal communities a protected majority role in local cooperatives. By laying down transparent financial audit norms, internal dispute resolution machinery outside civil courts, and oversight mechanisms under the Registrar of Cooperative Societies, the Act protects member investments, prevents financial mismanagement, and enables ordinary citizens, farmers, and artisans to pool resources for mutual socio-economic advancement.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement
  2. 2. Definitions
  3. 3. Registrar
  4. 4. Societies which may be registered
  5. 5. Registration with limited or unlimited liability
  6. 6. Conditions of registration
  7. 7. Power to exempt societies from conditions as to registration
  8. 8. Application for registration
  9. 9. Registration
  10. 10. Evidence of registration
  11. 11. Power of Registrar to decide questions
  12. 12. Classification of societies
  13. 13. Amendment of bye-laws of society
  14. 14. Power to direct amendment of bye-laws
  15. 15. Change of name
  16. 16. Change of liability
  17. 17. Amalgamation, transfer, division or conversion of societies
  18. 18. Power to direct amalgamation, division and recoganization in public interest etc.
  19. 19. Reconstruction of societies
  20. 20. Partnership of societies
  21. 21. Cancellation of registration
  22. 22. Person who may become member
  23. 23. Open membership
  24. 24. Nominal, associate and sympathizer member
  25. 25. Cessation of membership
  26. 26. No rights of membership to be exercised till due payments are made
  27. 27. Voting powers of members
  28. 28. Restrictions on holding of shares
  29. 29. Restrictions on transfer of charge on share of interest.
  30. 30. Transfer of interest on death of member.
  31. 31. Share interest not liable to attachment.
  32. 32. Rights of member to see books etc.
  33. 33. Liability of past member and estate of deceased member.
  34. 34. Insolvency of members.
  35. 35. Expulsion of members.
  36. 36. Manner of exercising vote.
  37. 37. Societies bodies to be corporate.
  38. 38. Address of societies.
  39. 39. Register of members.
  40. 40. Copy of Act etc. to be open to inspection.
  41. 41. Admissibility of copy of entry as evidence.
  42. 42. Exemption from compulsory registration and instruments relating to shares and debentures of society.
  43. 43. Power to exempt from taxation.
  44. 44. Restrictions on borrowings.
  45. 45. Regulation of loan making policy.
  46. 46. Restrictions on transaction with persons other than members.
  47. 47. Charge and set-off in respect of share or interest of member.
  48. 48. Prior claim of society.
  49. 49. Charge on the immovable property of members borrowing from certain societies.
  50. 50. Deduction from salary to meet society’s claim in certain cases.
  51. 51. Direct partnership of Central Government in societies.
  52. 52. Indirect partnership of Central Government in society.
  53. 53. Principal State Partnership Fund.
  54. 54. Subsidiary State Partnership Fund.
  55. 55. Approval of Central Government for purchase of shares.
  56. 56. Liability to be limited in respect of certain share.
  57. 57. Restriction on amount of dividend.
  58. 58. Idennity of Apex and Central Societies.
  59. 59. Disposal of share capital and dividend, etc.
  60. 60. Disposal of Pricipal or Subsidiary State Partnership Fund on State winding up of Apex or Central Society.
  61. 61. Principal or Subsidiary State Partnership Fund not to form part of assets.
  62. 62. Agreement by Central Government and Apex Spociety.
  63. 63. Other form of State aid to societies.
  64. 64. Provisions of this Chapter to over-ride other laws.
  65. 65. Fund not to be divided.
  66. 66. Appropriation of profit
  67. 67. Reserve fund
  68. 68. Restriction on dividend
  69. 69. Contribution to educational fund of the State Federal society
  70. 70. Contribution to public purposes
  71. 71. Investment of funds
  72. 72. Employees provident fund
  73. 73. Final authority
  74. 74. Committee its powers and functions
  75. 74A. Number and terms of Board and its office bearer
  76. 74B. Election of Members of Board
  77. 75. Appointment of Manager, Secretary and other officers
  78. 76. Annual General Meting
  79. 77. Special general meeting
  80. 78. Act of societies, etc not to be invalidated by certain defects
  81. 79. Supersession and suspension of Board and interim management
  82. 80. Registrar’s power to enforce performance of obligations
  83. 81. Registrar’s power to seize records, etc.
  84. 82. Audit.
  85. 83. Rectification of defects in accounts.
  86. 84. Inquiry by Registrar.
  87. 85. Inspection of the societies.
  88. 86. Inspection of books of indebted society.
  89. 87. Cost of inquiry and inspection.
  90. 88. Recovery of costs.
  91. 89. Registrar to bring defects disclosed in inquiry or inspection of notice of society.
  92. 90. Power of Registrar to assess damages against delinquent promoters, etc.
  93. 91. Power to enforce the attendance etc.
  94. 92. Constitution on recognition of federal authority to supervise working of societies.
  95. 93. Power to seize record of society.
  96. 94. Dispute.
  97. 95. Power of the Apex Bank to proceed against members of the society for recovery of the money due to it.
  98. 96. Limitation
  99. 97. Settlement of disputes.
  100. 98. Procedure for settlement of disputes and power of Registrar, his nominee or board of nominees.
  101. 99. Attachment before ward.
  102. 100. Decision of Registrar or his nominee or board or nominees.
  103. 101. Appeal against decision of Registrar or his nominee or board of nominee.
  104. 102. Money how recovered.
  105. 103. Private transfer of property made after issue of certificate void against society.
  106. 104. Transfer or property which cannot be sold.
  107. 105. Scales of fees to be paid to the Registrar’s nominees.
  108. 106. Winding up.
  109. 107. Appointment of Liquidator.
  110. 108. Appeal against order of winding up.
  111. 109. Powers of the Liquidator.
  112. 110. Effect of order of winding up
  113. 111. Bar or suit in winding up and dissolution matters
  114. 112. Audit of Liquidator’s accounts
  115. 113. Termination of liquidation proceedings
  116. 114. Disposal of surplus assets
  117. 115. Order for winding up of insured Co-operative Bank etc, and not to be made without sanction of Reserve Bank of India
  118. 116. Prohibition of use of the word co-operative
  119. 117. Offences
  120. 118. Punishment for offences under section 117
  121. 119. Congnizance of offences
  122. 120. Appeals
  123. 121. Extension of period of limitation by appellate authority in certain cases
  124. 122. Power of Government and Registrar to call for proceedings of subordinate officers and to pass order
  125. 123. Recovery of sum due to Government
  126. 124. Registrar’s powers to recover certain sums by attachment and sale of property
  127. 125. Power to exempt societies from provisions of Act
  128. 126. Delegation of power of Registrar to federal authorities
  129. 127. Branches etc. of societies outside the State
  130. 128. Handing over records and property to new Chairman on election
  131. 129. Registrar and other officers to be public servants
  132. 130. Indemnity for act done in good faith
  133. 131. Bar of jurisdiction of Courts
  134. 132. Notice necessary in suits
  135. 133. Rules
  136. 134. Companies Act not to apply 1 of 1956
  137. 135. Repeal and savings
  138. 135A. Extension of deposit insurance Scheme to co-operative Bank
  139. 136. Over-riding effect
  140. 137. Definitions
  141. 138. Members to borrow or made deposits
  142. 139. Power of the Committee
  143. 140. Borrowing and Investment
  144. 141. Disqualification of members and other office bearers
  145. 142. Co-option of Professional in Committees
  146. 143. Supersession of Committee
  147. 144. Contribution of Fund
  148. 145. Abolition of Cadre System
  149. 146. Audit
  150. 147. Obligation of the Registrar
  151. 148. Equity in Co-operative
  152. 149. Role of the State Government
  153. 150. Promotion of Co-operative Societies

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