Use of 'co-operative' restricted: only registered societies may trade under that name without state sanction; prior users exempt. Trading or carrying on business using the word 'co-operative' is reserved to registered societies except with State Government sanction; persons already using such a name at the Act's commencement are exempt, and contravention attracts a monetary fine with an additional daily fine for continued offences after conviction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Use of "co-operative" restricted: only registered societies may trade under that name without state sanction; prior users exempt.
Trading or carrying on business using the word "co-operative" is reserved to registered societies except with State Government sanction; persons already using such a name at the Act's commencement are exempt, and contravention attracts a monetary fine with an additional daily fine for continued offences after conviction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.