Act Number: 39

Act Name: The Multi-State Co-operative Societies Act, 2002

Year: 2002

Enactment Date: 2002-07-03

Long Title: An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operative s as peoples institutions based on self-help and mutual aid and to enable them to promote their economic and social betterment and to provide functional autonomy and for matters connected therewith or incidental thereto.

Ministry: Ministry of Cooperation

Department:

Section 24: Functions of federal co-operative.
    (1) Subject to the provisions of this Act and any other law for the time being in force, a federal co-operative may discharge the functions to facilitate the voluntary formation and democratic functioning of co-operative societies as federal co-operative or multi-State cooperatives based on self-help and mutual aid.
     (2) Without prejudice to the generality of the provisions contained in sub-section (1), the federal cooperative may--
         (a) ensure compliance of the co-operative principles;
         (b) make model bye-laws and policies for consideration of its member co-operative;
         (c) provide specialised training, education and data-base information;
         (d) undertake research, evaluation and assist in preparation of perspective development plans for its member co-operative;
         (e) promote harmonious relations amongst member co-operative;
         (f) help member co-operative to settle disputes among themselves;
         (g) undertake business services on behalf of its member co-operative, if specifically required by or under the resolution of the general body or the board, or bye-laws of a member of co-operative;
         (h) provide management development services to a member co-operative;
         (i) evolve code of conduct for observance by a member co-operative;
         (j) evolve viability norms for a member co-operative;
         (k) provide legal aid and advice to a member co-operative;
         (l) assist member co-operative in organising self-help;
         (m) develop market information system logo brand promotion, quality control and technology upgradation.
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