Category

Co Operative Society

Articles focusing on Co Operative Society.

  • Types of Members in Cooperative Societies

    Definition As per Gujarat Cooperative Societies Act, 1961 and Amendments “Member” means a person joining in an application for the registration of a cooperative society which is subsequently registered, or a person, duly admitted to membership of a society after registration, and…

  • Class and Sub-Class of Co-operative Societies

    Sec 12 of Gujarat Cooperative Society Act, 1961 The Registrar may classify all societies in such manners, and into such classes, as he think fit; and the classification of a society under any head of classification by the Registrar shall be final. Rule 4.3 of The Gujarat Cooperat…

  • Types of Registers to be Maintained by Cooperative Society

    As per Sec 37 of The Gujarat Co-operative Societies Rules-1965, every Housing / Service / Commercial society has to maintain registers and documents in society records. These documents can mainly broken down to Member Related Documents: Depending on Documents Financial Documents:…

  • Do Cooperative Societies Come Under RTI Act?

    Above question came up in Kerala where the Registrar of Cooperative Societies in 2006 issued a circular and brought all cooperative societies in Kerala under RTI. This was challenged in High Court. High Court’s judgment was further challenged in Supreme Court. Looking at the impl…

  • Share Transfer on Death of Member Without Nomination

    It is advisable that members fill in nomination for their property with society. Incase of unforeseen circumstance, transfer of share can be easier because of above form. This article discusses about case where nomination is not filled. Query : On death of the owner of property,…

  • Special General Meeting of Cooperative Society

    Sec 78 of Gujarat Cooperative Society Act , talks about Special General meeting (SGM). A Special General Body Meeting is called for undertaking a particular agenda. Some reasons for calling special general body meetings are redevelopment or repair plans, grave misconduct issues,…

  • Annual General Meeting of Cooperative Society

    What is an Annual General Meeting (AGM)? An Annual General Meeting (AGM) is a yearly event which is compulsory as per the society bye laws and Gujarat Cooperative Society Act 1961, for every cooperative society (housing society/apartment complex/commercial complex/plot etc). Thes…

  • How to Amend Bye-laws of Cooperative Society

    In the earlier article “ Bye-Laws of Cooperative Societies “, we discussed about bye-laws of society. From the date of society formation, there can be many reasons why managing committee would want to change the bye laws. Act has a provision, where managing committee can call for…