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 29: Disqualification for member of a multi-State co-operative society.
    No person shall be eligible for being a member of a multi-State co-operative society if--
         (a) his business is in conflict or competitive with the business of such multi-State co-operative society; or
         (b) he used for two consecutive years the services below the minimum level specified in the byelaws; or
         (c) he has not attended three consecutive general meetings of the multi-State co-operative society and such absence has not been condoned by the members in the general meeting; or
         (d) he has made any default in payment of any amount to be paid to the multi-State co-operative society under the bye-laws of such society.
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