Co operative society definitions establish governance and regulatory terms for multi State co operative societies and administrative offices and procedural roles. Section 3 defines key terms governing multi State co operative societies: area of operation, board, bye laws, Central Registrar, Chief Executive, Co operative Ombudsman, Reserve Bank, Deposit Insurance Corporation, prescribed, notification and rules. It delineates membership and governance constructs-member, general body, general meeting, member co operative, federal co operative, multi State co operative society (including national and limited liability forms)-and specifies officer roles and the financial year rule for accounting, reflecting recent amendments that add and modify several definitions.
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Provisions expressly mentioned in the judgment/order text.
Co operative society definitions establish governance and regulatory terms for multi State co operative societies and administrative offices and procedural roles.
Section 3 defines key terms governing multi State co operative societies: area of operation, board, bye laws, Central Registrar, Chief Executive, Co operative Ombudsman, Reserve Bank, Deposit Insurance Corporation, prescribed, notification and rules. It delineates membership and governance constructs-member, general body, general meeting, member co operative, federal co operative, multi State co operative society (including national and limited liability forms)-and specifies officer roles and the financial year rule for accounting, reflecting recent amendments that add and modify several definitions.
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