Vidhi Codex

PURCHASE AND SUPPLY) ACT, 1953

The Haryana Co-operative Societies Act, 1984

Corporate1984122 sections20 chapters

This law governs the formation, registration, and operation of cooperative societies across the state of Haryana. It applies to various types of cooperatives including agricultural credit unions, banks, and service societies. The Act establishes rules for their management, elections, and financial auditing to ensure transparency and democratic control. By regulating these organizations, the law aims to promote economic development, support rural communities, and protect the interests of members who pool their resources for mutual benefit rather than profit.

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Chapter 1 PRELIMINARY →

  1. 1Short title and extent
  2. 2Definitions

Chapter II REGISTRATION OF CO-OPERATIVE SOCIETIES →

  1. 3Registrar
  2. 4Societies which may be registered
  3. 5Restrictions on registration
  4. 6Restriction on holding of shares
  5. 7Application for registration
  6. 8Registration
  7. 9Registration certificate
  8. 11Change of name
  9. 12Change of liability
  10. 13Amalgamation, transfer of assets and liabilities and division of co-operative societies
  11. 14Compulsory amalgamation
  12. 15Cancellation of registration certificate

Chapter III RIGHTS AND LIABILITIES OF MEMBERS →

  1. 16Persons who may become members
  2. 17Restrictions on individual membership
  3. 18Associate members
  4. 19Members not to exercise right till due payment made
  5. 20Vote of members
  6. 21Manner of exercising vote
  7. 22Restriction on transfer of shares or interest
  8. 23Transfer of interest on death of member
  9. 24Liability of past member and estate of deceased member

Chapter IV MANAGEMENT OF CO-OPERATIVE SOCIETIES →

  1. 25Final authority and its meetings
  2. 26Summoning of meetings
  3. 28Election and tenure of committees
  4. 30Election of office bearers
  5. 31Appointment, powers, functions of Managing Director
  6. 32Constitution of first committee
  7. 33Power of Registrar to appoint Administrators in certain cases
  8. 34Supersession and suspension of committee
  9. 35Removal of committee member
  10. 36Acts of co-operative societies not to be invalidated by certain defects

Chapter V CONSTITUTION OF COMMON CADRE →

  1. 37Constitution of common cadre
  2. 38Annual review of cadre society

Chapter VI PRIVILEGES OF CO-OPERATIVE SOCIETIES →

  1. 39Co-operative societies to be bodies corporate
  2. 40Register of members
  3. 41Register of mortgages and charges
  4. 42Admissibility of copy of entry as evidence
  5. 43Exemption from compulsory registration of instruments
  6. 44Exemptions from certain taxes, fees and duties
  7. 45Deduction from salary
  8. 46State aid to co-operative societies

Chapter VII ACCOUNTS AND RECORD →

  1. 47Accounts books
  2. 49Custody of record and other property
  3. 50Securing possession of record etc.
  4. 51Production of record

Chapter VIII CHARGES AND MORTGAGES →

  1. 52First charge on movable property
  2. 53Charge and mortgage on immovable property
  3. 54Registration of charge and mortgage
  4. 55Charge and set off
  5. 56Share contribution or interest not liable to attachment
  6. 57Transfer of mortgages, charges and assets
  7. 58Power to lease
  8. 59Insolvency of mortgagor and charger
  9. 61Grant of valid discharge
  10. 62Mortgages and charges created by Joint Hindu Family

Chapter IX LOANS AND BORROWINGS →

  1. 64Restriction on loan
  2. 65Limitation of interest
  3. 66Issue of debentures and bonds
  4. 67Appointment of trustee
  5. 68Guarantee
  6. 69Power to make regulations
  7. 70Insufficient security
  8. 71Recovery of unutilised loans

Chapter X DISTRAINT AND SALE OF PRODUCE →

  1. 72Distraint when to be made
  2. 73Distraint how to be effected
  3. 74Sale of property distrained
  4. 75Power of sale when to be exercised
  5. 76Application for sale and manner of sale
  6. 77Application to set aside sale
  7. 78Distribution of the proceeds of sale
  8. 79Certificate to purchaser
  9. 80Delivery of property to purchaser
  10. 81Right of society to purchase the mortgaged property
  11. 82Appointment of receiver
  12. 83Title of purchaser not to be impeached
  13. 84Appointment of sale officer

Chapter XI PROPERTIES AND FUNDS →

  1. 85Investment of funds
  2. 86Funds not to be divided
  3. 87Distribution of profits
  4. 88Provisions for guarantee funds to meet certain losses
  5. 90Writing off bad debts

Chapter XII REHABILITATION OF WEAK SOCIETIES →

  1. 91Creation of rehabilitation fund
  2. 92Credit to fund
  3. 93Utilisation of fund

Chapter XIII SPECIAL PROVISION FOR INSURED CO-OPERATIVE BANKS →

  1. 94Special provision for insured co-operative banks

Chapter XIV AUDIT, INQUIRY, INSPECTION AND SURCHARGE →

  1. 96Rectification of defects
  2. 97Inspection of societies
  3. 98Inquiry by Registrar
  4. 99Inspection of books of indebted societies
  5. 100Cost of inquiry
  6. 101Surcharge

Chapter XV SETTLEMENT OF DISPUTES →

  1. 102Disputes for arbitration
  2. 103Reference of dispute to arbitration
  3. 104Certificate for sums due

Chapter XVI WINDING UP OF CO-OPERATIVE SOCIETIES →

  1. 105Winding up orders
  2. 106Liquidator
  3. 107Powers of liquidator
  4. 108Priority of contribution
  5. 109Cancellation of registration

Chapter XVII EXECUTION OF AWARDS, DECREES, ORDERS AND DECISIONS →

  1. 110Execution of orders etc.
  2. 111Attachment before order etc.
  3. 112Registrar or person empowered by him to be civil court
  4. 113Recovery of sums due to Government

Chapter XVIII APPEALS AND REVISION →

  1. 114Appeals
  2. 115Revision
  3. 116Interlocutory orders

Chapter XIX OFFENCES AND PENALTIES →

  1. 117Offences
  2. 118Cognizance of Offence

Chapter XX GENERAL →

  1. 121Prohibition against the use of the word “Co-operative”
  2. 122Power to exempt
  3. 124Notice necessary in suits
  4. 125Service of notice under this Act
  5. 126Companies Act not to apply
  6. 127Saving of existing societies
  7. 128Bar of jurisdiction of courts
  8. 129Exercise of powers of civil court
  9. 130Indemnity
  10. 131Power to make rules
  11. 132Repeal

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