Vidhi Codex

The Telangana Mutually Aided Co-operative Societies Act, 1995

The Telangana Mutually Aided Co-operative Societies Act, 1995

Corporate199554 sections

This Act regulates the registration, management, and autonomous functioning of mutually aided cooperative societies in Telangana. It applies to voluntary associations of individuals and existing cooperatives that choose to operate independently without receiving government land, share capital, subsidies, or financial assistance. This law matters because it empowers citizens to build independent, democratically controlled cooperative businesses with their own legal identities. By prohibiting state financial involvement, the legislation ensures these cooperatives remain entirely funded and governed by members, which promotes authentic mutual aid, democratic member control, and autonomous economic cooperation among communities without any direct government interference or public funding support.

Start reading →Read full ActSections
  1. 1. Short title, extent and commencement.
  2. 2. Definitions.
  3. 2A. Competent Authority to make provisions.
  4. 3. Co-operative Principles and bye-laws.
  5. 4. Registration.
  6. 4A. Conversion of Society registered under this Act to the Telangana Cooperative Societies Act.
  7. 5. Registration Certificate.
  8. 5A. Renewal of Registration.
  9. 6. Society to be a body corporate.
  10. 7. Registration with limited or unlimited liability.
  11. 8. Display of name.
  12. 9. Rules and Bye-laws.
  13. 10. Amendment of Bye-Laws.
  14. 11. Change of liability, transfer of assets and liabilities, division, amalgamation.
  15. 12. Promotion of subsidiary organisation.
  16. 13. Creation of new organisation with others.
  17. 14. Mobilisation of funds.
  18. 15. Investment of funds outside the business.
  19. 16. Disposal of surplus.
  20. 17. Management of deficit.
  21. 18. Reserve Fund.
  22. 19. Eligibility for membership.
  23. 20. General Body.
  24. 21. Board of Directors.
  25. 22. Powers and functions of the Board of Directors.
  26. 22A. Application of the Telangana Co-operative Societies Act, 1964.
  27. 23. Elections.
  28. 23-A. Supersession of the Board.
  29. 23-B. Appointment of Administrator.
  30. 23-C. The conditions of service of the Administrator(s).
  31. 24. Meetings.
  32. 25. Staff.
  33. 26. Accounts and Records.
  34. 27. Audit and Accounts.
  35. 28. Special Audit.
  36. 29. Inquiry.
  37. 30. Power to summon and examine persons and documents.
  38. 30-A. Service of summons.
  39. 31. Action on Special Audit or Inquiry Report.
  40. 32. Constitution of Tribunals.
  41. 33. Power of the Tribunal to order recovery.
  42. 34. Filing of returns.
  43. 35. Rights and privileges.
  44. 36. Execution of decisions, decrees and orders.
  45. 36-A. Application of Chapter XIII A of the Telangana Cooperative Societies Act, 1964.
  46. 37. Settlement of disputes.
  47. 38. Offence and penalities.
  48. 39. Dissolution by members.
  49. 40. Dissolution by Registrar.
  50. 41. Appointment of Liquidator.
  51. 42. Duties of Liquidator.
  52. 43. Powers of Liquidators.
  53. 44. Final accounts.
  54. 45. Fee for services.

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