section 2
In the principalAct in Section 13,after Sub- Section
The Nagaland Co-operative societies (3rd Amendment) Act, 2011- (3) the following Sub-section shall be inserted, namely:- (4):- Provided that the application forthe registration of the Amendment of bye-Laws of a Short Term
Cooperative Credit Structure Society shall be
disposed off so far as pmcticable within30 days fiom the date of the receipt ofthe application. To be inserted in 3. In thePrincipalAct 14, after Section 14, the Section following section shall be inserted as 14-A:- As Sub-section "14-A" " 14-A (i):- A short Term Cooperative Credit Structure Society shall be at liberty to affiliate or disaffiliate with any federal Societv of its choice. provided s resolution approving such affiliation or disaftiliation with the federal societv aassed in the . A annual general meeting with three fourth majority
of total members, subject to the approval of the
R.C.Sn (ii):- A Short Term Cooperative Credit Structure Society shall have the freedom of entry and exist
To be inserted in Section 17 (1) Sub- Clause (a) at any tier of CCS and there shall be no mandatory
restrictions of geographical boundaries for its
operations.
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