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.
الهند · 2015-10-07