Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Orissa Co-Operative Societies Act, 1962 (No. 2 of 1963).

Country/Territory
India
Territorial subdivision
Odisha
Document type
Legislation
Date
1963 (2005)
Source
FAO, FAOLEX
Subject
Agricultural & rural development
Keyword
Agricultural development Authorization/permit Registration Cooperative/producer organization Indigenous peoples
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 Orissa. 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 further provides for the establishment of a managing committee 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, insured co-operative banks, offences and penalties; etc. Additionally, the Act contains special provisions for land development banks registered as co-operative societies which offer short-term loans for the purposes of land improvement, productivity of land and agricultural development.

Full text
English
Website
www.lawsofindia.org