Bare Act

The Jharkhand Co-operative Societies Act, 2008

Corporate200812 sections

The Jharkhand Co-operative Societies Act, 2008, establishes the legal framework for the formation, management, and regulation of co-operative societies within the state of Jharkhand. Its primary objective is to promote thrift, self-help, and mutual aid among members, particularly in the agricultural and rural sectors. The Act governs the registration process, the election and functioning of managing committees, audit requirements, and dispute resolution mechanisms. It also provides specific regulations for co-operative banks and credit societies. For the ordinary citizen, this Act ensures that co-operative organizations operate democratically, maintain financial transparency, and protect the interests of members through state-supervised oversight and accountability.

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