Act 26 of 1962

The National Co-operative Development Corporation Act, 1962

An Act to provide for the incorporation and regulation of a corporation for the purpose of planning and promoting programmes for the production, processing, marketing, storage, export and import of agricultural produce, foodstuffs industrial goods, livestock, certain other commodities and services on co-operative principles and for matters connected therewith or incidental thereto.

  • Ministry of Agriculture and Farmers Welfare
  • Department of Agriculture, Cooperation and Farmers Welfare
  • Enacted 1962-08-31
  • 27 sections
SectionTitle
1 Short title, extent and commencement. Read
2 Definitions. Read
2A Construction of references to any law not in force or any functionary not existence in the State of Jammu and Kashmir. Read
3 Establishment of the National Co-operative Development Corporation. Read
4 Disqualifications for being a member of Corporation. Read
5 Term of office of members of Corporation. Read
6 Removal from office of member, etc. Read
7 Meetings, etc., of Corporation. Read
8 Officers and other employees of Corporation. Read
9 Functions of Corporation. Read
10 Board of Management of the Corporation. Read
11 Other committees. Read
12 Grants by the Central Government to Corporation. Read
12A Power of Corporation to borrow money. Read
12B Grants, donations, etc. Read
13 Corporation to maintain fund. Read
14 Returns and reports. Read
15 Directions by Central Government. Read
16 Submission of programme of activities and financial estimates. Read
17 Accounts of Board and audit. Read
18 Vacancies, etc., not to invalidate acts and proceedings of the Corporation. Read
19 Delegation. Read
20 Declaration of fidelity and secrecy. Read
21 Dissolution of Corporation. Read
22 Power to make rules. Read
23 Power of Corporation to make regulations. Read
24 Repeal and saving. Read
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