Maharashtra cooperative societies rules, 1961 indian. Maharashtra cooperative societies rules, 1961 indian bare act law statute kanoon lawyerservices. Maharashtra cooperative societies acts section 219b clearly defines that the associate member, as a member who holds jointly a share of a society with others, but whose name does not stand first in the share certificate. Whereas, with a view to providing for the orderly development of the cooperative movement in the. The maharashtra cooperative societies act i960 maharashtra act no. Definitions in these rules, unless the context requires otherwise, 1 act means the maharashtra cooperative societies act, 1960 mah. Also, the rules covering the products in which housing societies can invest their surplus funds, have been amended. Matters in respect of which registrar may direct a society to make byelaws or society may. Act 1960 and bye law no 3 xxiv a an individual competent to enter in to contract under the indian contract act, 1872 can.
Selected sections of amended maharashtra cooperative. Powers of the register to take action at the expense of the society when the society fails to take action section 792 as per section 792 of the maharashtra cooperative societies act, 1960, where any society is required to take any action under this act, the rules or the byelaws, or to comply with an order made under the foregoing sub. Constitution of india, it is expedient to consolidate and amend the law relating to cooperative societies in that state. The cooperation section was further divided into 1 cooperative credit societies, sugar and cooperation 2 marketing cotton monopoly scheme and cooperative housing societies in december, 1992. We have deleted sections, subsections, provisos, and explanations that are not applicable to housing societies, and are applicable to only agricultural societies, cooperative banks etc. The condition for membership applicant to take 10 shares of rs. Governments power to give directions in the public interest, etc. Whereas both houses of the state legislature are not in session. We have converted the cooperative housing society byelaws, maharashtra cooperative societies act and maharashtra cooperative societies rules in web format so that the readers can quickly search the relevant section byelaw rule no. Maharashtra cooperative societies act, 1960, which are directly relevant to housing societies. Maharashtra cooperative society rules 1961 table of content.
The maharashtra cooperative societies act i960 maharashtra. The maharashtra cooperative societies act, 1960 relating to cooperative societies in the state of maharashtra. Rules 1 the state government may, for the whole or any part of the state and for any society or class of societies, make rules for the conduct and regulation of the business of such society or class of societies, and for carrying out the purposes of this act. Ordinance passed by maharashtra government to empower. The maharashtra cooperative societies act, 1960 mah. Maharashtra cooperative societies act, 1960 bare acts live. Associate member means a member who holds jointly a share of a society with others, but whose name does not stand first in the share certificate section 2 19 b of the m. In this act interpre bonus means a share of the profits of a registered society tation. It is obligatory to apply for cooperative society or association of apartment within four months from the taking possession of galas by holders, necessary for forming the cooperative society or association of apartment according to provisions mentioned under section 10 of the maharashtra ownership flat act 1963 and rule 8 of rules 1964 there. 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. Later the amendment act to amend the maharashtra cooperative societies act, 1960 was introduced and the same was passed in the maharashtra legislature. Unless otherwise separately provided in these byelaws, the following and terms shall have the meaning assigned to them herein. Xxiv of 1961 received the assent of the president on the 4 th may, 1961. India law legal database india and law, online legal.
Assent first published in the maharashtra government gazette, part iv, on the 9th day of may 1961. And whereas the governor of maharashtra is satisfied that circumstances exist which render it necessary for him to take immediate action further to amend the maharashtra cooperative societies act, 1960. Annual report of names of societies in which elections are to be held. These rules may be called the maharashtra cooperative societies election to committee rules, 2014. The government of maharashtra issued an ordinance on th of february, 20 to amend the maharashtra cooperative societies act, 1960. The maharashtra cooperative societies act, 1960 maharashtra act no. Xxiv maharashtra cooperative societies act, 1960 v 79a.
Therefore, the government is pleased to give directions under section 79 a of the maharashtra cooperative housing societies act 1960 as follows. Though seemingly wellintentioned, some new provisions have dangerous sideeffects. I preliminary section 1 short title, extent and commencement 1 this act may be called the maharashtra cooperative societies act, 1960. Xxiv of 1961 the maharashtra cooperative societies act i960. Maharashtra cooperative societies rules, 1961 latest laws. These rules may be cited as the cooperative societies rules.
Maharashtra cooperative societies act 1960 ramesh prabhu. 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. For statement and reasons, see maharashtra government gazette, 1960, part v, pages 270273. 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, the government of maharashtra hereby, after previous publication as required by subsection 3 of that section read with section 22 of the bombay general clauses act, 1904 bombay i of 1904, makes the following rules, namely. 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. In section 73cb of the maharashtra cooperative societies act, 1960 hereinafter referred to as the principal act, to subsection 11, after the existing. As per the rule 56m of mcs rules, 1961 and section 219 b of mcs act, 1960, an associate. 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. Housing societies in maharashtra a new chapter manupatra. This act may be cited as the cooperative societies shorttitle. In these rules, unless the context otherwise, requires.
For statement and reasons, see maharashtra government gazette, 1960, part 5, pages 270273. The draft rules to give effect to the amendments in msc act, 1960 were notified on 22nd nov. This act may be called the maharashtra cooperative societies act, 1960. Maharashtra cooperative societies rules, 1961 societyhive. Our society has been audited under the provisions of maharashtra cooperative societies act, 1950 and the rules made thereunder and the present auditor has completed 3 years of his audit. Regarding redevelopment of the buildings of cooperative housing societies. Maharashtra cooperative societies rules, 1961 indian bare. Directions to be given to all cooperative housing societies in maharashtra state us. The maharashtra cooperative societies rules, 1961 extend to the whole of the state of maharashtra. Investment avenues available under the maharashtra. Some changes have been arbitrarily made by the cooperation department. Removal of names of members from membership register. Section 101 of mcs act 1960 defaulters in housing societies. Xxiv maharashtra cooperative societies act, 1960 i the maharashtra cooperative societies act, 1960 contents preamble.
These rules may be called the maharashtra cooperative societies rules. It is hereby enacted in the eleventh year of the republic of india as follows. Societies election rules 2014 in short effective 11 9 2014 mumbai district cooperative housing federation limited fort mumbai has started distribution of this model byelaws at rupees 80 per set along with an optional priced rupees 20 for 7 pages circular printed. Request to convey your availability for statutory audit of our society for f. 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. Cooperative housing societies with less than 200 members are now exempt from the requirement. As per the provisions of the maharashtra cooperative societies act, 1960 and the rules framed thereunder, the societies are required to undertake their election, annual general meeting and audit within the stipulated period. Not all the changes in the new model byelaws are based on recent amendments in maharashtra cooperative societies mcs act 1960.
Xxiv of 1961, governs all the cooperative societies having different objects, classifications and subclassifications. Maharashtra specified cooperative societies elections to committees rules, 1971. Rules the maharashtra cooperative societies act 1960. In furtherance thereof, the government in supersession of the government resolution dt. Draft rules maharashtra housing regulation and development act, 2012. How much can housing societies charge as transfer charges. A new chapter in a move to reduce litigation relating to cooperative housing societies arising from the provisions of the maharashtra cooperative societies act, 1960 act, a recent amendment to the act has been effected on 31 october 2018 through maharashtra ordinance no. A new chapter in a move to reduce litigation relating to cooperative housing societies arising from the provisions of the maharashtra cooperative societies act, 1960 act, a recent amendment to the act has been effected on 31 october 2018 through maharashtra.
Associate members have been getting a raw deal all along the inception of the m. Associate member cannot be part of managing committee. Maharashtra cooperative societies act, 1960 maharashtra act no xxiv of 1961 received the assent of the president on the 4th day of may 1961. Jul 27, 2010 they further alleged that some of them were not served with notices nor any opportunity was given to explain the stance. Their contention is that the recovery certificates have been issued without following provisions of rules 86a to 86f of the maharashtra cooperative societies rules, 1961 for short, the mcs rules. Maharashtra government, part iv, on the 9th day of may 1961. Maharashtra cooperative housing society bye laws ii. Oct 28, 2020 due to lockdown, functioning of the cooperative societies in the state have also been adversely affected. No rights of membership to be exercised till due payments are made. Aug 14, 2018 as per the provisions of the maharashtra cooperative societies act 1960, cooperative housing societies in the state have to invest their surplus funds that are not required. Maharashtra cooperative societies act 1960 in marathi font pdf. The maharashtra cooperative societies act, 19601 maharashtra act, no. Amended by mah as amended by mah as amended by mah 5 of 1962. The mcs rules 1961 cooperative housing society in mumbai.
585 989 904 511 983 728 1197 1173 297 1703 973 1310 883 847 846 936 1579 312 1362 1753 248 303 252 657 1495 285 1408