Vidhi Codex

THE MANIPUR CO-OPERATIVE SOCIETIES ACT, 1976

The Manipur Co-Operative Societies Act, 1976

Corporate197682 sections11 chapters

This law governs the formation, registration, and operation of cooperative societies in the state of Manipur. It applies to various types of groups, including agricultural marketing societies, consumer cooperatives, housing associations, and banking institutions. By consolidating existing laws, the Act provides a legal framework to ensure these organizations manage their affairs properly, resolve disputes fairly, and serve their members effectively. It aims to promote economic development and social welfare by regulating how these self-help groups function and interact with the state government.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 2In this Act, unless the context otherwise requires

Chapter II REGISTRATION →

  1. 7Notwithstanding anything contained in this Act the State Powers to
  2. 8(1) For the purpose of registration, an application shall be Application
  3. 14(1) If it appears to the Registrar that an amendment of Power to a
  4. 15(1) A society may, by resolution passed at a general meeting, Chango of
  5. 16(1) Subject to the provicion of this Act and the Rules, n [EES of
  6. 17(1) A society may, with the previous approval of the Amalgama-
  7. 18(1) Where the Registrar is satisfied that it is essential in Power ey
  8. 19Where a proposal for a compromise or arrangement :— Boconstruo:

Chapter III Chapter III →

  1. 23Provided that where no decision is communicated within the specified period, it shall be deemed that the admission has been refused.
  2. 24(i) Notwithstanding anything contained in section 22, a society Nominal,
  3. 25A person shall cease to be a member of a Society on his
  4. 29(1) Subject to the provision of the last preceding section as Restrictions
  5. 34Notwithstanding anything contained in any law for the time ~~ Igsolvency
  6. 35(1) A society may, by resolution passed by three-fourths Expulsion

Chapter IV INCORPORATION, DUTIES AND PRIVILEGES OF →

  1. 36The registration of society shall render it a body corporate ~~ Scoieties to
  2. 37Every society shall have an address, registered in accordance socistios.
  3. 38(1) Every society shall keep a register of its members, and Regier of
  4. 42The State Government, by notification in the Official Gazette osampt from
  5. 43A society shall receive deposits and loans from members rg or
  6. 44(1) A co-operative society shall not make a loan to any person Re ronons |
  7. 45Save as is provided in this Act, the transactions of a Society Rooter
  8. 46A society shall have a charge upon the share or interest in Charge and
  9. 47(1) Notwithstanding anything (contained) in any other law Prior claim

Chapter V STATE AID TO SOCIETIES →

  1. 51Flats Govt, may be agreed upon.
  2. 52Chapter referred to as an ‘Apex Society’).
  3. 53(1) A Central Society which is provided with money by an Bobsidiary
  4. 54Shares shall not be purchased in a society from the moneys Approval of
  5. 55Where any shares are purchased in a society by: a mise ain
  6. 61Subject to the foregoing provisions of this Chapter— pgrsgment
  7. 62Partnership Fund for the purpose specified in clause (b) of sub-section (2) of section 52.
  8. 63The provisions of sections 51 to 61 (both inclusive) in this Provisions of

Chapter VI PROPERTY AND FUNDS OF SOCIETIES →

  1. 64No part of the funds, other than the net profits of a society
  2. 66(1) Every society which does, or can, derive a profit from its
  3. 69After providing for the reserve fund as provided in Section 66, Contribution
  4. 70Charitable Endowments Act, 1890 or to any other public purpose.
  5. 71(1) Any society may establish for its employees a provident Employees*

Chapter VII MANAGEMENT OF SOCIETIES →

  1. 72Subject to the provisions in this Act and the Rules, the final Final au-
  2. 73The management of every society shall vest in a Board consti- The Pome
  3. 74The qualifications for the appointment of a Manager, Secretary, Appoint
  4. 77(1) No act of the society or committee or any officer done
  5. 78(1) If, in the opinion, of the Registrar, the Board of any) Supersession
  6. 79(1) The Registrar may direct any society or class of societies, Registrar's i
  7. 80(1) Where tho Registrar is satisfied that the books and Registrar's
  8. 83(1) The Registrar may, of his own motion, by himself, or by a Font
  9. 92(1) Notwithstanding anything contained in the Indian Limi.

Chapter IX DISPUTES AND ARBITRATION →

  1. 97Any party aggrieved by any decision of the Registrar or his Appeal vga
  2. 98Every order passed by the Registrar or a person authorised
  3. 99Auy private transfer or delivery of, or encumbrance or charge Lerche of
  4. 100(1) When in any execution of an order sought to be exe po

Chapter X LIQUIDATION →

  1. 102(1) If the Registrar,
  2. 103When an inferim order is passed under the last preceding Appoint-
  3. 105The Liquidator appointed under section 103 shall have power
  4. 106After expiry of the period for appeal against the order
  5. 109(1) The winding up proceedings of the sooiety shall be closed
  6. 111This Chapter shall apply to
  7. 112There shall be a State Land Development Bank for the State other Land
  8. 113(1) The Registar, or any other person appointed by the Appointment
  9. 119A written order by the Land Development Bank or psrsons Order gran-
  10. 120(1) A mortgage executed in favour of a Land Development .
  11. 121The mortgages executed in favour of, and all other assets favour of
  12. 127(1) Notwithstanding anything contained in the Transfer of
  13. 128Notwithstanding anything contained in section 121 all moneys Land Dove
  14. 129Where any property mortgaged toa Land Development Bank ~~ “grreror 42d
  15. 135The proceeds of every sale effected under seotion 133 and Disposal of
  16. 136(1) Where a sale of mortgaged property has become abso- ifcate 4
  17. 137(1) Notwithstanding anything contained in section 91 on an
  18. 138(1) Any amount due to a Land Development Bank (inclu. ~~ Colleotor to
  19. 139At any sale of movable or immovable property, held under ~~ phcer® of
  20. 140Nothing ovntained in any law for the tims being in force io apply to
  21. 141(1) It shall be competent for the State Government to
  22. 142It shall be competent for the Registrar to permit any co. powers tn
  23. 143The provisions of sections 102 and 103 of the Transfer of Bap"
  24. 150(1) The Tribunal may, either on the application of the Review sf
  25. 151(1) In exercising the functions conferred on it by or under have power

Chapter XIII APPEALS, REVIEW AND REVISION →

  1. 152Tribunal in this behalf may administer the cash to the deponent.
  2. 161No suit, prosecution or other legal proceedings shall lie Indemnity
  3. 162(1) Save as expressly provided in this Act, no Civil or Bar of juris.
  4. 163Court upon the merits, or upon any other ground whatsoever except for want of jurisdiotion.
  5. 164(1) The Stato Government may, for the whole or any part Rules,

Chapter XV INSURED CO-OPERATIVE BANKS →

  1. 167Notwithstanding anything contained in this Act, in the case

PDF: pending for this language.