Meghalaya Co-operative Societies Act, 2015 Country/Territory India Territorial subdivision Meghalaya Document type Legislation Date 2015 Source FAO, FAOLEX Long titleAn Act to facilitate the formation and working of Co-operative 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 in accordance with the relevant Directive Principles of State Policy of the Constitution of India and for matters connected therewith and incidental thereto. Subject Agricultural & rural development Keyword Agricultural development Cooperative/producer organization Registration Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Abstract This Act provides for the registration, operation and management of co-operative societies in Meghalaya. The Act empowers the State government to appoint a person to be the Registrar of Co-operative Societies and details out the process of the registration. The Act details out the incorporation procedure, duties and privileges of registered societies. The Act further provides for the establishment of a managing body in each society and details out the funding of co-operative societies, rights and liabilities of members audit, inquiry, winding up and dissolution of co-operative societies. Additionally, the Act provides for penalties for violating the provisions of the Act and details out the jurisdiction for suit brought under the Act. Full text English