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of <h1>Using 'Co-operative' in Business Name Restricted by Section 47 of Co-operative Societies Act, 1912; Fines for Violations Apply.</h1> Section 47 of the Co-operative Societies Act, 1912, prohibits any person from using the word 'co-operative' in their business name or title unless they are a registered society or have State Government approval. This restriction does not apply to those already using the term before the Act's implementation. Violations of this provision can result in a fine of up to fifty rupees, with an additional fine of five rupees per day for ongoing offenses after conviction.
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