https://www.taxtmi.com/acts?id=43382 Sections 63A-63C establish a Co-operative Rehabilitation, Reconstruction and Development Fund funded by mandatory annual contributions from profitable multi State co operative societies; require a Committee appointed by the Central Government to administer the Fund and maintain accounts; authorize the Central Registrar to declare sick societies meeting specified loss and cash loss criteria; enable preparation and implementation of rehabilitation and reconstruction schemes including board reorganisation (with Reserve Bank approval where banks are involved); and permit conditional financial assistance from the Fund for infrastructural needs subject to contribution and limit conditions and Committee recommendation. en-us Thu, 04 Jul 2024 16:34:23 +0530 Thu, 04 Jul 2024 16:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43382 Sections 63A-63C establish a Co-operative Rehabilitation, Reconstruction and Development Fund funded by mandatory annual contributions from profitable multi State co operative societies; require a Committee appointed by the Central Government to administer the Fund and maintain accounts; authorize the Central Registrar to declare sick societies meeting specified loss and cash loss criteria; enable preparation and implementation of rehabilitation and reconstruction schemes including board reorganisation (with Reserve Bank approval where banks are involved); and permit conditional financial assistance from the Fund for infrastructural needs subject to contribution and limit conditions and Committee recommendation. Act-Rules F. Acts / Amendment Acts Thu, 04 Jul 2024 16:34:23 +0530 https://www.taxtmi.com/acts?id=43382