Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Andhra Pradesh Mutually Aided Co-operative Societies Act, 1995 (Act No. 30 of 1995).

Country/Territory
India
Territorial subdivision
Andhra Pradesh
Document type
Legislation
Date
1995 (2018)
Source
FAO, FAOLEX
Long title
An Act to provide for the voluntary formation of cooperative societies as accountable, competitive, self reliant business enterprises, based on thrift, self-help and mutual aid and owned, managed and controlled by members for their economic and social betterment and for the matters connected therewith or incidental thereto.
Subject
Agricultural & rural development, General
Keyword
Basic legislation Cooperative/producer organization Authorization/permit Registration
Geographical area
Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia
Entry into force notes
This Act enters into force on 1 June 1995.
Abstract

This Act, consisting of 45 sections, broke new ground in the history of the Indian cooperative movement. This is a cooperative law which respects the right of members to fully own and control their own cooperative enterprise. The enactment, an act of political courage and wisdom by the Andhra Pradesh Government, was the final step in a long effort to create a new legislative environment for cooperatives in Andhra Pradesh. It provides for the voluntary formation of cooperative societies as accountable, competitive, self reliant business enterprises, based on thrift, self-help and mutual aid and owned, managed and controlled by members for their economic and social betterment and for related matters.

Full text
English
Website
www.lawsofindia.org