J&k Coop Society Act 1989

Front 1

1. act brought in place of

2. received assent of governer on

3. published in gazette on

4. no. of chapters & sections

5. no of applicants in case of agri and non agri societies

6. provisional registration by register for max. period of

7. publications to qualify for permanent registration

Back 1

1. Coop society act 1960

2. 8 July 1989 3. 11 July 1989

4. chapter- 16, section- 117

5. agri- not less than 100, non agri- not less than 50

6. 6 months (max.) during which period society cell fulfill following obligations to qualify for permanent registration

7. (7.1) Capital building to the extent prescribed

(7.2) membership mobilization / education to be prescribed

(7.3) development of projects plan and schemes

Front 2

1. while changing liability by amendment of bye-laws notice to members/creditors of ...

2. amalgamation transfer of assets liabilities and division of coop society by ...

3. person refused admission as a member shall be communicated within ...days

4. nominal members not entitled to ...

5. (5.1) Share holding for members shall not exceed (in share capital terms)

(5.2) In interest terms

6. For a member Incase of Financing Bank in interest terms 7. Transfer of shares of interest

Back 2

1. a period of 1 month to withdraw shares/deposits

2. approval of Registrar & 2/3rd majority resolution (with 1 month to creditors to withdraw shares/deposits)

3. 15 days

4. No shares in any form (assests or profits)

--- No right to vote

5. (read from copy)

(5.1) 1/50th

(5.2) exceeding Rs 1000

6. not to exceed Rs 5000

7. Not before 1 year

Front 3

1. Transfer of assets/ interest to deceased member nominee within...

2. Liability of past member till

3. special general meeting within .... after receipt of requisition in writing

4. only shareholder can be a member of committee

5. term of committee member

6. before expire of committee, arrangements for new committee constitution within ....

7. where any committee has ceased, registrar my appoint an # .......

Back 3

1. 6 months

2. till 1 year from the day he ceased to be a member

3. 1 month

4. Yes

5. 3 years

6. 90 days

7. administrator, who shall arrange for constitution of a new committee before expiry of his term

Front 4

1. the government is a guaranter, it has the right to nominate members of committee not exceeding

2. removal of Committee by #.... with @... days notice to explain themselves, and thus appoint a £.... for a period not more than +..... to reconstitute new committee

3. PGPF 4. SGPF

5. shares shall be purchased from the money in PGPF, SGPF with prior approval of

Back 4

1. 3 or 1/3rd of total no. of members

2. #Registrar, @7 days notice, £Administrator +6 months

3. Principal Govt Partnership Fund - an apex society which is provided with money by govt

4. Subsidiary govt partnership fund - a central society provided with money by an apex society

5. govt by written approval

Front 5

1. procedure for calculation of profits

2. amt. transfer to reserve funds not less than

3. Donation should not exceed

4. contribution to education fund of J&K coop Union, when ?

5. Audit atleast .... no in a year

6. defects pointed out by Registrar shall be complied within ..

7. if Registrar felt, defects still not ratified then

Back 5

1. by deducting from the gross profit for the year, all accrued interest which is overdue for more than 6-months

2. not less than 25% of net profits

3. 10% of net profits

4. dividend paid to its members at a rate of 4% or more

5. atleast 1 in each year

6. 45 days & submit report to Registrar

7. additional 45 days for its compliance and report submission

Front 6

1. Inquiry can take place when

2. dispute referred to Registrar and with no court shall have jurisdiction includes

3. dispute not touching constitution, shall have final say of

4. If society unable to pay it's debts to a financing bank, then

5. Reference of dispute to Dy. Registrar for a sum not exceeding (for Joint or Additional Registrar as well)

6. Dispute Resolution within

7. If authority fails to resolve dispute within specified period, then

Back 6

1 (1.1) Registrar may feel so

(1.2) by application by not less than 1/3rd members

2 (2.1) among members, past members, deceased members

2.2 members, society & Committee

2.3 society, committee or past Committee

2.4 society n another society

3. Registrar & can't be called in any court

4. may direct committee to proceed against the member and if committee fails to do so in 60 days, bank may prosecute member itself

5. Rs 50,000

Hint 6

6. 6 months from date of receipt

7. he shall submit a report to registrar stating failure reasons atleast 15 days before expiry of that period & Registrar shall allow for the time not exceeding 6 months for disposal of case

Front 7

1. Inquiry for winding up society by Registrar when application by....

2. a liquidator shall finalise liquidation proceedings within a period of #..... for primary society, while @..... in case of others

3. Can liquidation process be extended, how?

4. appointment of trustee by

5. issue of debentures by # .... with previous sanction of @.... (in agri n rural develop bank)

6. debentures period should not exceed

7. debenture redemption with writing notice ...months

Back 7

1. not less than 3/4th members of coop

2. #6 months for primary, @1 year for other societies

3. if fails to complete proceedings, with report to registrar , thus can be extended for 1 year more

4. by Registrar or any other person govt may appoint

5. #by board, @trustee

6. not more than 20 years

7. not less than 3 months notice in writing

Front 8

1. issue of bonds by prior approval of (agri n rural)

2. guarantee by govt by notice not less than

3. discontinue of guarantee by ...from date of publication

4. any person making fase declaration (loan) shall be punishable by

5. if part of instalment remains unpaid for more than 1 month then

6. (housing societies) issue of debentures by #... with previous sanctions of @...

7. (housing societies) fixed period not exceeding

8. date or redemption not less than ..... notice

Back 8

1. govt, with direction issued by RBI or NABARD

2. 14 days

3. 6 months

4. prison upto 6 months or with fine upto Rs 2000 or more

5. apply to registrar for recovery of such instalment, provided no distraint to be made after expiry of 12 months from date on which instalment fell due.

6. #board, @ govt & trustee

7. 25 years

8. 3 months notice in writing (guarantee & discontinuity- same, distraint - similar so study)

Front 9

1. if one or more instalment unpaid for more than 1 month then

2. Then amt. stated by Registrar by inquiry shall be paid within

3. a deduction shall be made at a rate not exceeding ....

4. coop. appellate tribunal shall consist of atleast..

5. quorum is of

6. vacancy shall be filled by

Back 9

1. application to registrar for recovery from movable assets

2. 15 days, shall ne recoverable under section 126 of act

3. 5 paisa in a rupee (5%)

4. atleast 3 members with qualifications

5. any two members

6. Govt.

Front 10

1. appeal ....., when decision by

(1.1) Dy. Registrar (1.3) Additional Regis.

(1.2) Registrar (1.4) Joint Regis.

2. limitation of appeal

(2.1) in case of Joint Regis.

(2.2) incase of Regis. or Add. Regis or Tribunal

3. limitation period shall be twice in district of

4. Any application for review shall be made within .... days from order of communication

5. any person other than co-operative society carrying business under its name shall be punishable with...

Back 10

1. (1.1) to Joint Regis. (1.3) to Registrar

(1.2) to Coop. tribunal (1.4) to Add. Regis.

2. (2.1) 60 days (2.2) 90 days

3. district Kargil & Ladakh

4. 30 days from order of communication of Dy. Regis, Joint Regis., Add. Regis., Registrar

5. Fine may extend upto Rs 200

6. Rs 200 fine

Front 11

1. a coop society or officer wilfully making false return may extend to

2. any employer who sufficient cause fails to pay to a coop. society within a period of 14 days is punishable by fine of

3. Address change shall be notified to Registrar within ....

Back 11

1. may extend to Rs 200

2. may extend to Rs 500

3. 30 days of change

Front 12

chapters and abbreviation

Back 12

1. Preliminary

2. Registration of coop Societies

3. Members of coop societies, rights & liabilities

4. Management of coop Societies

5. Privileges of coop Societies

6. govt aid to coop society

7. property & funds of coop Societies

8. Audit enquiry, inspection & surcharge

9. Settlement of Disputes

PRM Mere PG PAS WAHE (wahi) Aj OM ki party

Hint 12

10. Winding up & dissolution of coop Societies

11. Agri & rural development bank

12. Housing societies

13. Execution of awards, decree, orders & decision

14. Appeals, Revision & review

15. Offences & penalties

16. Miscellaneous

PRM Mere PG PAS WAHE (wahi) Aj OM ki party