Vidhi Codex

Jammu and Kashmir Self-Reliant Cooperatives Act, 1999

Jammu and Kashmir Self-Reliant Cooperatives Act, 1999

General199959 sections

This Act establishes the legal framework for Self-Reliant Cooperatives in Jammu and Kashmir, allowing groups of people to form democratically controlled enterprises to meet their shared economic needs. It applies to any cooperative registered under this law, ensuring they operate with autonomy and specific principles. The legislation is important because it provides a structured way for communities to organize for mutual benefit, offering clear rules for governance, dispute resolution through arbitration, and defining the responsibilities of members and leaders. By regulating these organizations, the state supports economic and social betterment for its citizens through collective action.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement
  2. 2. Definitions
  3. 3. Registration of a new cooperative
  4. 4. Conversion of a cooperative society into a cooperative under this Act
  5. 5. Cooperative to be body corporate
  6. 6. Articles of association
  7. 7. Amendment of articles of association
  8. 8. Name and change of name
  9. 9. Location of head office
  10. 10. Transfer of assets and liabilities
  11. 11. Division
  12. 12. Amalgamation
  13. 13. Merger
  14. 14. Registration offices
  15. 15. Fee for service
  16. 16. Eligibility for membership in a cooperative
  17. 17. Member admission
  18. 18. Member withdrawal
  19. 19. Definitions
  20. 20. Definitions
  21. 21. Definitions
  22. 22. Definitions
  23. 23. Definitions
  24. 24. Definitions
  25. 25. Definitions
  26. 26. Definitions
  27. 27. Definitions
  28. 28. Definitions
  29. 29. Definitions
  30. 30. Definitions
  31. 31. Definitions
  32. 32. Definitions
  33. 33. Definitions
  34. 34. Elections
  35. 35. Definitions
  36. 36. Definitions
  37. 37. Definitions
  38. 38. Definitions
  39. 39. Definitions
  40. 40. Definitions
  41. 41. Definitions
  42. 42. Definitions
  43. 43. Operation of special funds
  44. 44. Accounts, records and documents to be maintained
  45. 45. Audit
  46. 46. Returns to be filed with the Registrar
  47. 47. Inquiry
  48. 48. Offences
  49. 49. Disputes
  50. 50. Arbitral tribunal
  51. 51. Dissolution by members
  52. 52. Dissolution by Registrar
  53. 53. Omitted
  54. 54. Appointment of liquidator
  55. 55. Duties of liquidator
  56. 56. Powers of liquidator
  57. 57. Final accounts
  58. 58. Exemption from certain taxes, duties and fees
  59. 59. Exemption from compulsory registration of Instruments

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