4Societies which may be registered
(1) Subject to the provisions hereinafter contained, a society which has as its object the promotion of the economic interests of its members in accordance with co-operative principles, or a society established with the object of facilitating the operations of such a society, may be registered under this Act with or without limited liability:
Provided that no society shall be registered if it is likely to be economically unsound or the registration of which may have an adverse effect on development of co-operative movement:
Provided further that, unless the Lieutenant-Governor by general or special order otherwise directs, the liability of the society of which a member is a co-operative society shall be limited.
(2) The word "limited" or its equivalent in any Indian language shall be the last word in the name of every society registered under this Act with limited liability.
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- 3 Registrar
- 4 Societies which may be registered
- 5 Restrictions on registration
- 6 Restrictions on holding of shares
- 7 Application for registration
- 8 Power of the Registrar to decide certain questions
- 9 Registration
- 10 Registration certificate
- 11 Amendment of bye-laws of a co-operative society
- 12 When amendments of bye-laws come into force
- 13 Change of name
- 14 Change of liability
- 15 Amalgamation, transfer of assets and liabilities and division of co-operative societies
- 16 Power to direct amalgamation, division and reorganisation in public interest etc
- 17 Registrar to prepare scheme of amalgamation of co-operative bank in certain cases
- 18 Liability of a co-operative bank to the Deposit Insurance Corporation
- 19 Cancellation of registration certificates of co-operative societies in certain cases