Amending Act 2 of 2000

Keeping in view the recommendations made by the various Committees and the suggestions made by leading co-operators, it is considered necessary to amend the Karnataka Co-operative Societies Act, 1959, (i) to make co-operative institutions economically sound in the interest of society and its members; (ii) to bar Industrial Tribunals from entertaining disputes of the nature of industrial disputes arising under the Co-operative Societies Act, in order to avoid multiplicity of forums, and for certain other purposes. Hence the Bill. (Obtained from L.A. Bill No. 20 of 1997.)