Maharashtra cooperative societies act 1960 pdf

Raising dispute in that behalf is a dispute referable to the cooperative court under section 91 of the m c s act 1960 to the exclusion of any other court. Do check section 72final authority of society and section 73committee, its powers and. Whereas, with a view to providing for the orderly development of the cooperative movement in the state of maharashtra in accordance with the relevant directive principles of state policy enunciated in the constitution of india, it is expedient to. Selected sections of amended maharashtra cooperative. Form of nomination to be furnished in triplicate to, the secretary. Maharashtra cooperative societies act 1960 complete act. These rules may be called the maharashtra cooperative societies rules. With a view to make it easy for cooperative societies to recover amounts due by members exceptionally special provision. In exercise of the powers conferred by subsections 1 and 2 of section 165 of the maharashtra cooperative societies act, 1960 maharashtra xxiv of 1961. An act to consolidate and amend the law relating to cooperative societies in the state of maharashtra. Appendix14 form of nomination to be furnished in triplicate.

Section 22 to 35 maharashtra cooperative societies act 1960. Section 149 to 154 maharashtra cooperative societies act 1960. Maharashtra cooperative societies act, 1960 bare acts live. Section 74 to 80 of maharashtra cooperative societies act 1960. The government of maharashtra issued an ordinance on th of february, 20 to amend the maharashtra cooperative societies act, 1960. Mcs act is now easy to read with the help of footnotes and section reference. Maharashtra cooperative societies act 1960 ramesh prabhu. Unless otherwise separately provided in these byelaws, the following and terms shall have the meaning assigned to them herein. Earlier, the cooperative housing societies used to proceed against the defaulting member for recovery of dues under section 101 of the mcs act, 1960 with full fledged trial in the cooperative court with all the ingredients e. Maharashtra cooperative housing society bye laws ii.

The maharashtra cooperative housing society byelaws. The condition for membership applicant to take 10 shares of rs. Maharashtra cooperative society act 1960 recent changes. Cooperation and registrar of cooperative societies maharashtra state, pune has appointed a study group under the chairmanship of joint registrar coop, society. He was a member of deemed conveyance committee of govt. Recovery under section 101 of the m c s act 1960 indian. It is now easy to read with the help of footnotes and section reference. Brief notes on cooperative societies 1st amendment rules, 2014. Ordinance to amend maharashtra cooperative societies act. The provisions of the act cover all types of cooperative societies and the. Limitation the maharashtra cooperative societies act 1960. Do check section 91disputes, section 101recovery of arrears due to certain societies as arrears of land revenue of the mcs act. And whereas the governor of maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing.

Xxiv of 1961 the maharashtra cooperative societies act, 1960 as modified upto the 5th september 2012 printed in india by the manager,government central press,mumbai and published by the director,government printing,stationery and publications, maharashtra state,mumbai. Hence little governmental interference is desirable. Selected sections of amended maharashtra cooperative societies act, 1960 for housing societies with latest changes from mcs amendment bill, 20 dated august, 20 dear reader, this book contains only those sections of the amended maharashtra cooperative societies act, 1960, which are directly relevant to housing societies. The maharashtra cooperative societies act 1960 has been amended extensively by the maharashtra cooperative societies amendment act 20 on dt. Dec 25, 2016 following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies. Xxiv of 1961 the maharashtra cooperative societies act, 1960 as modified upto the 5th september 2012 printed in india by the manager,government central press,mumbai and published by the director,government printing,stationery and publications,maharashtra. Later the amendment act to amend the maharashtra cooperative societies act, 1960 was introduced and the same was passed in the maharashtra legislature. Maharashtra cooperative societies act 1960 complete act citation. An act further to amend the maharashtra cooperative societies act, 1960. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required. An ordinance to amend the maharashtra cooperative societies act of 1960, dated 30th october 2018 with immediate effect salient features of new housing chapter in mcs act 1960.

The governor of maharashtra was satisfied that circumstances existed which rendered it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960, for the purposes hereinafter appearing. Though seemingly wellintentioned, some new provisions have dangerous sideeffects. This act may be called the maharashtra cooperative societies act, 1960. Jan 11, 2018 a member shall have right to inspect free of cost books, registers documents etc. Information related to annual general meeting, special general meeting and section 79a of. It has been appreciated that the affairs of cooperative housing societies, being distinct and peculiar from societies engaged in other activities. Maharashtra cooperative societies act, 1960 indian bare act law statute kanoon lawyerservices. Elections to the housing societies fir less than 200 members to be conducted internally by the society. It is hereby enacted in the eleventh year of the republic of india as follows. Now, therefore, in exercise of the powers conferred by clause 1 of article 2 of the constitution of india, the governor of maharashtra is hereby pleased to promulgate the following ordinance, namely. Section 149 to 154 of maharashtra cooperative societies act 1960. The maharashtra cooperative societies act, 1960 maharashtra act no.

Societies rules, 1961, i hereby nominate the persons whose. Full text containing the act, maharashtra, with all the sections, schedules, short title, enactment date, and footnotes. Model bye laws of cooperative housing society blogs. Do check the section 164 notice necessary in suits of mcs act. Act xvi of 20 received assent of governor of maharashtra on 820. Assent first published in the maharashtra government gazette, part iv, on the 9th day of may 1961. Government pushes for bill that gives more teeth to co.

This act was passed as a law by the maharashtra legislative assembly in 1960 enacted in the eleventh year of the indian republic. English version of directive under section 79a of the mcs. Annual general meeting the maharashtra cooperative. Section 74 to 80 maharashtra cooperative societies act 1960. Niyaman laws of the cooperatives cooperation is an activity of the people. In these rules, unless the context otherwise, requires. As provided under section 30 of the maharashtra cooperative societies act, 1960, and the byelaw no 36 of the society i state that on my death the shares mentioned above and my interest in the flat, the details of which are given above, should. A member shall have right to inspect free of cost books, registers documents etc. Vii housing federation means the federation of cooperative housing societies, registered and notified under the act.

Maharashtra cooperative societies act 1960 judgments. The maharashtra cooperative societies act, 1960 maharashtra act no xxiv of 1961 received the assent of the president on the 4th day of may 1961. Maharashtra cooperative societies act, 1960 lawyerservices. Of maharashtra represented before the joint committee for making changes in the maharashtra housing act 2012. Maharashtra cooperative societies act, 1960 provides order and laws for development of cooperative societies in the state of maharashtra. Constitution of india, it is expedient to consolidate and amend the law relating to cooperative societies in that state. It extends to the whole of the state of maharashtra. Section 91 to 101 of maharashtra cooperative societies act 1960. Section 101 of mcs act 1960 recovery of dues of cooperative housing societies. Government of maharashtra law and judiciary department maharashtra act no. In this act, unless the context otherwise requires.

Byelaws means bylaws consistent with act and registered under this act for the time being in force and includes registered amendments of such byelaws. Do check section 30transfer of interest on death of member, section 35expulsion of. Section 72 to 73h of maharashtra cooperative societies act 1960. Section 91 to 101 maharashtra cooperative societies act 1960.

Notwithstanding anything contained in, the limitation act, 1963 but subject to the specific provisions made in this act, the period of limitation in the case of a dispute referred to the cooperative court under the last preceding section shall a when the dispute relates to the recovery of any sum, including interest thereon, due to as society by a member thereof be, computed from the. Section 155 to 167 of maharashtra cooperative societies act 1960. Nov 12, 2018 maharashtra cooperative societies act, as it stood, is designed to regulate the affairs of cooperative societies, in general, treating all societies, including housing societies in the same manner. Oct 16, 2012 the maharashtra cooperative societies act, 1960.

Order us 79a of the maharashtra cooperative societies act 1960. For statement and reasons, see maharashtra government gazette, 1960, part 5, pages 270273. Mar, 2018 vii housing federation means the federation of cooperative housing societies, registered and notified under the act. Following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies. The maharashtra cooperative societies act, 1960 ebook. It is a selfgenerated, voluntary and selfsufficient activity. The government is keen to tighten the noose around the corrupt elements operating within and around states cooperative societies from credit and sugar to housing societies. Xxiv of 19612 preamble an act to consolidate and amend the law relating to cooperative societies in the state of maharashtra whereas with a view to providing for the orderly development of the cooperative movement in the state of maharashtra in accordance with the. Keywords auditor, bonus, central bank, committee, consumers, cooperative bank. The maharashtra government has issued a government resolution gr to amend maharashtra cooperative societies act of 1960. Maharashtra act no xvi of 20 maharashtra cooperative society act 1960 english. The elections for cooperative housing societies in maharashtra with less than 250 members will not be held before april as amended rules are.

Maharashtra cooperative society act 1960 recent changes adda. Maharashtra cooperative societies rules, 1961 latest laws. Is an order issued by the deputy district registrar under section 79a and 25a of the maharashtra cooperative societies act 1960, to remove a persons name from the register of members appealable before the divisional joint registrar under section 152 154. One of the main amendments in the gr allows small cooperative housing societies chs to conduct internal election for managing committee. Whereas both houses of the state legislature were not in session. Download full text of the amended maharashtra cooperative. Therefore as per the section 79 a of the mcs act, 1960, the government has passed the following order in respect of redevelopment of buildings of cooperative societies. Following are some of the important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative housing societies the condition for membership. The elections for cooperative housing societies in maharashtra with less than 250 members will not be held before april as amended rules are yet to be ratified by the state government. With a view to make it easy for cooperative societies to recover amounts due by members exceptionally special provisionprocedure has been introduced in the legal system of the state by inserting section 101 in the m c s act 1960. Not many societies are aware that in exercise of power conferred upon the state government under section 157 of the maharashtra cooperative societies act 1960, the government has excluded cooperative housing societies from the provision in section 27 3 of the maharashtra cooperative societies act, 1960.

As provided under section 30 of the maharashtra cooperative societies act, 1960, and the byelaw no 36 of the society i. Amended by mah as amended by mah as amended by mah 5 of 1962. Section 101 of mcs act 1960 defaulters in housing societies. Section 72 to 73h maharashtra cooperative societies act 1960. Section 15 of the act and rule 14 of the rules for the change of its name. Read about important changes done in the maharashtra cooperative society act, 1960 and also in the model byelaws of cooperative. Section 101 of mcs act 1960 recovery of dues of co. Section 22 to 25 of maharashtra cooperative societies act 1960. Maharashtra cooperative societies act, as it stood, is designed to regulate the affairs of cooperative societies, in general, treating all societies, including housing societies in the same manner. The mcs act 1960 cooperative housing society in mumbai. The maharashtra cooperative societies act, 19601 maharashtra act, no. It shall come into force on such date as the state government may, by notification in the official gazette, appoint.

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