section 4A
Conversion of Society registered under this Act to the Telangana Cooperative Societies Act.
The Telangana Mutually Aided Co-operative Societies Act, 1995Corporate199554 sections
Statutory text
1[4A. Conversion of society registered under this Act to the Telangana Co-operative Societies Act.-- (1) The Registrar on his own motion or at the request of the society passed by a resolution of majority of its members may permit the society registered under section 4 of this Act to be converted into a society registered under the Telangana Cooperative Societies Act.
- (2) The Registrar may issue orders on his own motion for conversion of a society registered under this Act into a society registered under the Telangana Co-operative Societies Act, if it is found that,-
- (a) the society is in possession of land provided by the Government (either free of cost or at concession rate or at Market rate);
- (b) the society is in possession of share capital or grants or concessions provided by the Government.
- (3) The Registrar may issue orders for conversion of a society registered under this Act into a society registered under the Telangana Co-operative Societies Act, if the general body passes a resolution for conversion to the Telangana Co-operative Societies Act, by majority of its members: Provided that the request for conversion shall be submitted to the Registrar within 30 days of passing of the resolution by the General Body.
- (4) The society continues to be functioning under this Act till certificate of registration issued by the Registrar to the society under the Telangana Co-operative Societies Act.]
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