Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Annexure
Provisions of Cooperative Societies Rules Prior to Amendments

Rule 2 (ii) : “Cooperative Year” means the year ending on the 30th day of June, or in the case of any co-operative society or class of co-operative society the accounts of which are, with the previous sanction of the registrar, balanced on any other day, the year ending on such day.

Rule 2 (xv) : “M.C.L.” means the extent to which a co-operative society may receive deposits, loans and advances from members and non-members:

Rule 2 (xxii) : “Person” includes the Government and a co-operative society.

Rule 3 (4) : A government servant may become a member of a consumer’s co-operative Society or operative Society. He may becomes member of any co-operative society organised exclusively for the employees of the department concerned and take part in its management deposit, invest or land money to it or borrow from it and stand surety for a borrower. He may also invest or deposit money in any co-operative society or a co-operative bank.

Rule 3(5) : Notwithstanding anything contained in the conduct rules of the services for the time being in force by which the Government servants are governed and except as provided in sub-rule (4), no Government servant shall take a loan or an overdraft from more than one co-operative society on behalf either of himself or any other member of his family or stand surety for any person borrowing from such society without the previous permission of the Head of the Department in writing. If any such loan is given in violation of this rule it shall be recovered personally from the members of the committee with Interest and damages.

Rule 3 (6) : A co-operative society and its committee or any of its officers shall not act contrary to this provisions of sub rules (3) to (5), If any Government servant is made a member of a co-operative society in violation of sub-rule (5) his membership will be void.

Rule 4 (d) (ii) : “Housing Finance Co-operative Society” which has its principal object of raising funds, providing finance to its members for construction of houses and or purchase of residential plots according to Scheme and plan approved by preserved authority after mortgage of immovable property in favour of co-operative society.

Rule 7 (2) : The Registrar may give, wherever necessary, opportunity to promoters to modify the proposed byelaws before finally registering the co-operative society or rejecting the application for registration of the co-operative society.

Rule 11(1) : No co-operative society shall be registered by the name which in the opinion of the Registrar is undesirable.

 Explanation - A name which is identical with or too nearly resembles the names by which a cooperative society in existence has been previously registered, may be deemed to be undesirable by the Registrar.

Rule 15(5) : On receipt of a copy of the resolution and other particulars referred to in sub-rule (4), the Registrar shall examine the amendment proposed by the society and if he is satisfied that the amendment is not contrary to the Act or the Rules and is in the interest of co-operative society and co-operative movement, he may register the amendment and issue to the co-operative society a copy of the amendment certified by him under subsection (2) of section 13. Where the Registrar is of the opinion that the proposed amendment may be accepted subject to any modification, he may indicate to the co-operative society such modification after explaining in writing his reason therefore.

Rule 18(1) : The name of a co-operative society may be changed under section 14 so however that it does not refer to any caste or religious denomination and is not inconsistent with the objects of the co-operative society.

Rule 24(i) : He has applied in writing in the form laid down by the co-operative society or in the form specified by the Registrar if any, for membership.

Rule 24(ii) : His application is approved by the committee of the co-operative society in pursuance of the powers conferred on it on that behalf and subject to such resolution as the general body may in pursuance of the powers conferred on it on that behalf from time to time' pass. and in the case of nominal associate or sympathiser member, by an officer of the society authorised in the behalf by the committee.

Rule 25(c) (i) : He owns a residential house or a plot of land for construction of a residential house in any of the approved or un-approved colonies or other localities in the Union Territory of Delhi, in his own name or in the name of his spouse or any of his dependent children, on lease hold or free hold basis:

Rule 30(2) : A co-operative society, shall dispose of an application received for admission as a member as early as possible and in no case later than the expiration of a period of one month from the date of receipt of the application by the society. Incase of refusal to admit, such society shall communicate its decision together with reasons, therefore to the applicant which shall be dispatched to the applicant.

Rule 30(4) : The person whose application for membership has been approved by the Managing Committee of a co-op. society shall deposit the membership fee and the amount of the qualifying shares necessary to become a member, within 14 days of the passing of the resolution by the managing committee approving his membership. If no such amount is deposited within the period, the resolution of the managing committee approving the membership of the person concerned shall become void and in-operative.

Rule 36(3) : When are solution passed in accordance with sub-rule (1) or (2) is sent to the Registrar or otherwise brought to his notice, the Registrar may consider the resolution and after making such inquiries as he may deem fit, give his approval and communicate the same to the society and the member concerned the resolution shall be effective from the date of such approval.

Rule 36 : Provided that the Registrar may, on a application either by the society or the member expelled and in special circumstances, sanction the re-admission of admission within the said period, of any such member as a member of the said society or of any other society of the same class, as the case may be.

Rule 11(1) : A list drawn in accordance with sub-rule (1) shall be supplied by the society to a member on payment of Rs.5/- per copy.

Rule 42 : Every co-operative society shall maintain accounts and books for purpose of recording business transactions by it and close then every year on the 30th June, by the 15th July. Each closing entry in the cash book in each ledger account shall be signed by the President, the Secretary and the Treasurer or any other approved members of the society authorised by the, managing committee. The closing balances which are thus authenticated shall be carried forward to the following year commencing on the 1st July. For the purposes of calling the annual general body meeting as provided under section 29, the date fixed for making up the accounts for the year shall be 15th July of each year.

Rule 42

as on 24.5.82 : Every co-operative society shall maintain accounts and books for the purpose of recording business transactions by it and close them every year on the 30th June, by the 31st July. Each closing entry in the cash book in each ledger account shall be signed by the President, the Secretary and the Treasurer or any other approved members of the society authorised by the Managing Committee. The closing balances which are thus authenticated shall be carried forward to the following year commencing on the 1st authenticated shall be carried forward to the following year commencing on the 1st July for the purposes of calling the annual general body meeting as provided in section 29, the date fixed for making up the accounts for the year shall be 31st July of each year.

Rule 46(2) : Every balance sheet of a co-operative society shall give a true and fair view of the state of affairs of the society as at the end of the co-operative year. Every profit and loss account of the society shall give a true and fair view of the profit and loss of the society for the co-operative year. Every co-operative society shall submit to the Registrar, annually within July each year a copy of each of the statements specified in sub-rule (1).

Rule 48(8) : Cash.

 Cash Balance in hand shall always remain the hands of the President.

RULE 50

After sub rule (3) Explanation : Relative includes any one related to the person concerned or to hi« wife through a common ancestor not more than a grand father or any one married to a person so related.

Rule 51 (3) (b) The next annual general meeting shall be held by the society within six months of 15th July following the expiry of the co-operative year in which the first, annual general meeting was held and thereafter an annual general meeting shall be held within six months after 15th July following the expiry of each co-operative year.

Rule 53(3) : If within a hour from the time appointed for the meeting a quorum is not present, the meeting shall stand adjourned ordinarily to the same day in the next week at the same time and place but if the meeting is called upon. the requisition of the members (Not the Registrar) it shall stand dissolved.

 Provided that at the adjourned meeting, no quorum shall be necessary.

Rule 56 (6) : The notice of an annual general meeting shall be accompanied by a copy of each of audited balance .sheet, profit & loss account together with the audit certificate thereon relating to the preceding year and the report of the committee and budget estimates for the ensuing year.

Rule 57 (2) : Unless the minutes are drawn up and are duly signed by the Chairman immediately on the termination of the meeting, the minutes free from all alteration or corrections, shall be drawn up and shall be signed by the Chairman of the meeting within seventy two hours from the time when the meeting terminated. The minutes so signed shall be evidence of the proceedings of the meeting.

Rule 58 (1) (e): Any other society whose membership exceeds five hundred.

Rule 58 (3) : Every co-operative society shall hold elections of its committee in the manner as prescribed in Sub-Rule (1) or (2) above, as the case may be, within 30 days from the expiry of one year from the date of last election of its committee.

 Provided that in case a co-operative society fails to conduct Election of its committee within the period specified above, the Registrar may after issuing the requisition under section 30(1) of the Act, appoint an election officer to call a Special General Body Meeting of the co-operative society and hold election of its committee provisionally within 60 days from his appointment.

 Provided for the reason beyond the control of the election officer he may conduct the election of the committee, after the expiry of 60 (sixty) days by taking extension of time from the Registrar. The Registrar may grant extensions of time for conducing election specifying the reasons for such extension. (Added on 9.9.88).

Rule 59(a) : He is in default to any co-operative society in respect of any sum due from him to the society or owes to any co-operative society an amount exceeding his maximum credit limit;

Rule 59(a) : He has committed any offence involving dishonesty or moral turpitude prior to the date of scrutiny of nomination paper he has, during a period of 12 months preceding the date of filing of nomination papers remained inactive as member or has been carrying on, through agencies other than the co-operative society of which he is a member the same business as is being carried on by the co-operative society.

Rule 60 : He is a near relative of a paid employee of the society provided that if any question rises whether or not a member is near relative of the paid employee, it shall be referred to the Registrar whose decision thereon shall be final.

Rule 60 : Explanation-For purpose of clause (d) of rule 59 and clause (e) of rule 60, a person convicted of an offence involving dishonesty or moral turpitude shall remain disqualified for being a member of the committee of a co-operative society for a total period of five years from the date of the commission of the offence and not from the date of conviction.

Rule 62 : Terms of Office of Members of Committee.

(1) Without prejudice to the provisions of sub-section (3) of section 31, the bye-laws of every co-operative society shall provide that the term of office of all the members of its committee shall expire on the same date or that a certain proportion of the members of its committee shall retire in each year. In the former case all the members of the committee including those selected against casual vacancies whether representing society or individuals, shall vacate the respective offices on the same date their successors are elected as members of the committee. In the latter case, the members of the committee due for retirement in each year. including those elected in their places in casual vacancies, shall vacate their office on the date specified in that year but will continue to hold office till their successors are elected.

Rule 62

As on 24.5.82 : Without prejudice to the provisions of sub-section (3) of Section 31 and notwithstanding anything contained in the bye-laws, certain proportion of members of its committee, not less than 1/3, shall retire in each year. The members of the committee due for retirement shall vacate their offices on the date specified in that year but will continue to hold office till their successors are elected. Provided that the retirement of 1/3 members during the first two years would be by draw of lots by Managing Committee.”

Rule 62(2) : A committee shall meet as often as required but a meeting shall be held at least once in every months

Rule 65(3) : Notice of every meeting of the committee shall be given to every members of the committee in writing.

Rule 65(3) : Notwithstanding anything contained in the bye-laws, the committee of a co-operative society shall cause minutes of all proceedings of its meetings to be entered in the book for the purpose in hand written at the spot in the presence of members present and voting. The minutes of each meeting shall contain the names of the members present, names of the members, if any, dissenting from or not concurring in any resolution. At the end of the minutes, each member present and voting shall sign them. If the minutes are not made and recorded in this manner, they shall not be considered valid and it shall be deemed that no such meeting was duly called and held.

Rule 68 (1) : Without prejudice to the generality of the powers given in Explanation below section 37, all agricultural credit and non-credit co-operative societies shall come within the purview of section 37 from the commencement of the rules.

Rule 68(1) : No co-operative society shall receive deposits, loans secured or unsecured, advances or over drafts against hypothecation or pledge of goods from members or non-members which exceed the M.C.L. fixed from time to time in general meeting subject to the approval of the Registrar who may at any time reduce it.

Rule 70 (1) : Maintain such liquid resources and in such form as may be specified from time to time by the Registrar, and No dividend shall be declared or paid except out of net profits left after making the contribution towards reserve fund required to be made under the provisions of section 46 and sub-rule (3). In no co-operative society, the dividend shall exceed 10 per cent per annum on paid-up share capital. Dividend shall be payable at such rate not exceeding this limit to the registered share holder, as may be approved by the general body and not otherwise. Shareholders/members will have no right to the dividend unless declared and approved by general body. The dividend shall be paid to all members within three months of the approval by the general body. No dividend shall be paid by the co-operative society while any claim due from the co-operative society to a depositor or lender remains unsatisfied.

Rule 80 : Every co-operative society shall credit a sum calculated at two percent of its net profits subject to a maximum of Rs.;2,500 every year for contribution to the co-operative Education Fund to be administered by the Registrar. The Registrar may frame regulations for the utilization and the administration of the Fund. This fund shall be kept with the Financing Bank. Anysu6h amount payable by the society shall be a charge on the fund of the society.

Rule 85(1) A Co-operative society shall pay on or before the 31st March of each year, an audit fee at such rates as may be fixed by the Registrar with the prior approval of the Lt. Governor.

Rule 86(1) An order authorising enquiry under section 55 or inspection under section 56 shall, among other things contain the follows:-

Rule 86(2) A copy of every order authorising enquiry under section 55 or inspection under section 56 shall be supplied to the Financing Bank.

Rule 87(1) On receipt of the report made by the auditor, or person authorised to make enquiry under section 55 or inspection under section 56, or by the liquidator or otherwise, the Registrar or any other person authorised by him may make such further enquiries as he may deem necessary regarding the extent to which the person who has taken any part in the organisation or management of a society or any deceased past or present, officer of the society has misapplied or retained or become liable to accountable for any money, property of the society or has committed misfeasance or breach of trust in relation to the society.

Rule 88(2) : A party, referring the dispute under sub section (1) of section 60 to the Registrar shall pay a fee of Rs.2 which shall be deposited in advance in the Financing Bank in the name of the Registrar in “Settle and Executive Service Expenses Fund”: the original of pay-in-slip for the deposit of this account shall be attached with the application for the reference of a dispute. The application for reference of a dispute shall be delivered in the office of the Registrar personally and receipt obtained or by registered post alongwith as many spare copies of the application as there are parties on the opposite side.

Rule 89(1) : The arbitrator shall make a memorandum of the statements of the parties who attend and of such witnesses as are examined, and upon the evidence so recorded and after consideration of any documentary evidence produced by either party shall make an award in accordance with justice, equity and good conscience; he shall record his award in writing, sign and date it and shall communicate it to the parties.

Rule 91 (2) (a) Gazetted Officers of any department of Government; or

 (b) Officers, paid staff or member of any co-operative societies:

Rule 92 : TABLE (A) (i) (b): In case in claims for Rs. l00 or above 2-1/2 percent of the claim subject to minimum of Rs.25 and Maximum of Rs. 500.

Rule 92 (ii) : In case of dispute of non-monetary nature a fee of not less than Rs. L00 and not more than Rs.500 in each case, as may be considered reasonable by the Registrar.

Rule 92 : TABLE A: (i) (b).as on 24.5.82

 In case of claims for Rs. 100 or above. 3% of the claim subject to minimum of Rs.25and maximum of Rs. 500

Rule 92 : TABLE A (ii) as on 24.5.82: In case of dispute of non monetary nature......a fee of not less than Rs. 100 and nor more than Rs.500 in each case, as may be considered reasonable by the Registrar

Rule 111(3) : As on 2.4.73 soon after receipt of the above application, the Registrar shall call for the original record of arbitration and shall check up the contents of the application with reference to original recorded. If he is satisfied about the correctness and geniuses of the application, he or any officer authorised by him shall issue the certificate in Form 22 to the decree holder.

Rule 111(3) : As on 24.5.82 Soon after the receipt of the above application, the Registrar shall call for the original record of arbitration and shall check up the contents of the application with reference to original record. If he is satisfied about the correctness and genuineness of the application, he or any officer authorised by him shall issue he certificate in Form 22 to the decree-holder. After issue of the recovery certificate. the decree holder shall not accept any payments directly against which the recovery certificate has been issued.

Rule 111(4) : Soon after the issue of the certificate referred to in sub-rule (3) the decree holder shall apply in form 23 to the Recovery Officer delivered in person and a receipt obtained or sent by registered post. The application shall be accompanied by:

a) a certified copy of the award; and

b) original certificate issued by the registrar under sub-rule (3)

c) receipted pay-in-slip for deposit of execution fee in the Financing Bank.

Rule 112(1) : All amounts recovered from the judgement debtors by the Recovery Officer shall first be deposited in the current account to be kept in his official designation in the Financing Bank which shall be operated by him. The payment to decree-holder of all amounts recovered on his behalf during the course of execution proceedings shall be made by the Recovery Officer by crossed cheque drawn on 1h« above current account against the deposits relating to the decree holder after deducting the recovery fee of 5 per cent on the gross amount recovered.

Schedule (II) : Under Rule 58: The Committee shall prepare a list of members as it stood on the date thirty days prior to the date fixed for the poll. and publish copies of the said list by affixing them upon the Notice Board at the Head Office of the Society and in its branches, if any, not less than ten days prior to the date fixed for nomination.

 The list shall specify the admission number and the name of the member, the name of the father or husband as the case may be. and the address of such member. A copy of the H«t shall be supplied by the society to any member on payment of such fee as may be specified by the Committee. Where no fee as may be specified the secretary or any other person authorised by the bye-laws, shall supply such list on payment of any amount of Rupees five only.

Schedule (IV) : Regulation 7(4) Under Rule 85: On receipt Of the above statement, Asst. Registrar (Audit) shall record the payments in relevant accounts of the society and draw a cheque for the amount representing the total of all the amounts shown in the above monthly statement in favour of the Registrar, Co-op. Societies and send it to the Cashier of his office for deposit into Government Account.

Rule25 (c) (i) He owns a residential house or a plot of land for the construction of Residential house in any of the approved or un-approved colonies or other localities in the Union Territory of Delhi, in his own name or in the name of his spouse or any of his dependent children, on leaseholder free hold basis provided that disqualification as laid down in sub-rule (1) (c) (1) shall not be applicable in case of persons who are only co-shares of joint ancestral properties in congested localities (slum areas) whose share’s less than 66.72 sq. meters (80 Sq: yards) of land

PROVISIONS OF THE COOPERATIVE SOCIETIES RULES PRIOR

TO AMENDMENTS BEFORE 6TH AUGUST, 1997

Rules 6 (d) : The scheme showing the deals explaining how the working of the Coop. Society will be economically sound and where the scheme envisages the holding of immovable property by the Cooperative Society, the description of immovable property proposed to be purchased, acquired or transferred to the cooperative society.

Rule 15 (5) : “Period of Amendment fixed under the Rule was 6 months and extended period was 2 months.”

Rule 16 (2) : The Registrar may by serving a Notice in Form No. 7 call upon a Society to make an amendment within a period not exceeding 60 days.

Rule 23 : Where an application for registration of an amendment in the Byelaws of a coop. society is rejected by the Registrar under Sub-sec. (4) of Sec. 11 of the appeal, if any, shall be made only after a meeting of the General Body has reconsidered the matter and has decided to prefer the appeal which shall be signed by the officer of the society authorised in this behalf by the General Meeting. A copy of the resolution of the general body shall be attached with the memorandum of appeal.-

Rule 24 (iii) : His application is approved by the Committee of the Coop. Society in pursuance of the powers conferred on it in that behalf and subject to such resolution as the general body may in pursuance of the powers conferred on it in that behalf from time to time pass, and in the case of nominal, associate, or sympathiser member by an officer of the society authorised in that behalf by the Committee.

Rule 28 : No individual, being a member of a primary cooperative society of any class shall be a member of any other cooperative society of the same class without the general or special permission of the Register, and where an individual has become a member of two coop. societies of the same class either or both of the coop. societies shall be bound to remove him from membership upon written requisition from the Registrar to that effect.

Rule 34 A : Subject to the provisions of the Act and these Rules, the membership of a member of a cooperative housing society may be transferred to a person who has acquired free hold rights in respect of a property related to such membership in that society.

Rule 36(1) : Notwithstanding anything contained in the byelaws, any member who has been persistently defaulting in payment of his dues or the payment of claims made by a housing' society for raising-funds to fulfill its object has been failing to comply with the provisions of the byelaws regarding sales of his produce through the society or, other matter in connection with dealing with the society or who, in the opinion of the committee, has brought disrepute to the society 6rhe has done other acts detrimental to the interest or proper working of the society, the society may, by a resolution (}assed by a majority of not less than three fourth of the .members entitled to vote who are present at a general meeting, held for the purpose, expel a member from the society.

 Provided that no resolution shall be valid, unless the member concerned has been given an opportunity of representing his case to the general body an no resolution shall be effective, unless it is approved by the Registrar.

Rule 36(2) : Where any member of a cooperative society proposes to bring a resolution for expulsion of any other member, he shall give a written notice thereof to the President of the society. On receipt of such notice or when the committee itself decides to bring in such resolution, the consideration of such resolution shall be included in the Agenda for the next general meeting and a notice thereof shall be given to the member against whom such resolution is proposed to be brought, calling upon him to be present at the general meeting, to be held not earlier than a period of one month from the date of such notice and to show cause against expulsion to the general body of members. After hearing the member, if present or after taking into consideration any written representation which he might have sent, the general body shall proceed to consider the resolution.

Rule 37(2) : A list drawn in accordance with sub-rule (1) shall be supplied by the society to a member on payment of Rs. 1/- per 100 members or part thereof.

Rule 38 : No member shall be eligible to vote at the meeting fixed for any election. If on the date thirty days prior to the date of such meeting. He is a defaulter against whom degree has been issued under section 61.

Rule 41-A : Notwithstanding anything contained in these rules or the bye-laws of the cooperative Group Housing Societies, vacancy or vacancies arising as a result of resignation, expulsion or cessation of membership in such societies shall until the allotment of land is made to them by Delhi Development Authority, not be filled-up. Vacancy or vacancies arising after the allotment of land to such societies shall be filled-up from amongst the willing registrants for flats with the Delhi Development Authority under its Self Financing Schemes or amongst the members of other cooperative Group Housing Societies which are yet to be allotted land by the Delhi Development Authority or from amongst the members of such societies, as have not reached the stage .of construction of flats. (Amended on 19.8.91) Declared invalid by D.H.C. in C.W. No. 4184/92 of 1993).

Rule 50(iii) : Except with the previous approval of the Registrar, no relative of any member of the committee or the Secretary or the Treasurer of a Cooperative Society or a member of the committee of Financing Bank to which the society is indebted shall be appointed as its paid staff.

 Explanation : “Near Relative" included .any one related to the person concerned or to My wife through a common ancestor not more than a grand father or any one married to a person so related. (Amended on 13.8.84)

Rule 53(3) : If within one hour from the time appointed for the meeting a quorum is not present the meeting shall stand adjourned for one hour on the same day which should be specified in the notice calling the meeting, but if the meeting is called upto the requisition of the members of the society (not the Registrar) it shall stand dissolved. (Amended on S.8.88)

 Provided that at the adjourned meeting, no quorum shall be necessary.

Rule 58(5) : In all Cooperative societies, including the class of Cooperative Societies, prescribed for the purpose of sub-section (1) of Section 31, one post shall be reserved for women in the Managing Committee (Added on 8.11.93)

Rule 59 (a) : He is in default to the society in respect of any sum due from him to the society or owes the society an amount exceeding his maximum credit limit.

Rule 59(d) : He has committed any-offence involving dishonesty or moral turpitude during a a period of 5 years prior to the date of scrutiny of nomination paper. (Amended on 24.5.82 1 13.1.83)

Rule 59 (k) : He has not completed minimum period of six months from the date of acquiring membership of society incase of an urban cooperative Bank. (Added on 9.9.88)

Rule 62 : Without prejudice to the provisions of sub-section (3) of Section 31 of the Act and notwithstanding anything contained in the byelaws of the society, 1/3rd of the members of the committee shall retire in each year. The members of the committee due for retirement shall vacate their office on the date specified in that year but will continue to hold their office till their successors are elected.

 Provided that retirement of 1/3rd members during the first two year should be decided by draw of lost by the managing committee. (Amended on 9.9.88)

Rule 64 : Notwithstanding anything contained in the byelaws of the Financing Bank, the maximum strength of the committee of the Financing Bank shall be fixed by the Registrar, he will also be competent to fix the proportion of the representation of various classes of the societies in the committee of the Finance Bank and proportion of individual members to society members on the committee and also prescribe conditions as to the holding of shares and deposits in the Financing bank to make an individual eligible for being elected on its committee. No defaulter society shall be eligible for representation on the committee of the Financing Bank.

Rule 65 (a) : If a member of the Committee of a Cooperative Society fails to attend its three consecutive meetings; he shall be deemed to have vacated his office and from that date shall cease to be a member of the committee. The vacancy can be filled by co-option by other members of the Committee.

Rule 65 (5) : Notwithstanding anything contained in the byelaws of any cooperative society, the committee of a cooperative society shall cause minutes of all proceedings of its meeting to be entered in the book for the purpose of handwritten at the spot in the presence of members present and voting, the minutes of each meeting shall contain the names of the members present, names of members, if any, dissenting from or not concurring in any of its resolution. At the end of the minutes each member present and voting shall sign them. If the minutes are not made and recorded In this manner they shall not be considered valid and under such circumstances, it shall be presumed that no meeting was held.

 Provided on the request from a cooperative society, the Registrar may relax any of the conditions mentioned above subject to such conditions, as he may deem fit, under the circumstances of each case. One of the conditions will be that minutes will be circulated before the next meeting.

Rule 68 (1) : No cooperative society shall receive deposits, loans secured or unsecured, advances or over drafts against hypothecation or pledge of goods from non-members which exceed the M.C.L. fixed from time to time in general meeting subject to the approval of the Registrar who may at any time reduce it.

Rule 68(1) : Without prejudice to generality of the powers of the Registrar under sub*rule (1) the M.C.L. of the cooperative society may be fixed by the genera] body at any limit but not exceeding the limits given below:-

Rule 79 (1) : No dividend shall be declared or paid except out of net profits left after making the contribution towards reserve fund required to be made under the provisions of section 46 and sub rule (3). In no cooperative society, the dividend shall exceed 12 percent per annum on paid-up Share capital.

Rule 81 A : A Cooperative society may with the sanction of the Registrar, invest its fund, out of its net profits in the National Defence Fund or other funds of national importance.

Rule 82 (b) : In the shares of the Reserve Bank.

Rule 82 : A cooperative society may, subject to the approval of the Registrar and to such conditions as he may impose, use its business:-,

(i) upto one fourth of its reserve fund when the owned capital is less than the borrowed capital:

(ii) upto one half of its reserve fund when the owned capital is equal to or exceeds the borrowed capital; and

(iii) the entire reserve fund when there is no borrowed capital.

Rule 84(1) : The audit of the accounts of societies shall be conducted by Departmental Auditors appointed by the Registrar or by certified auditors appointed by the Registrar from time to time on such terms and conditions as he deems fit.

Rule 88(2) : A party, referring the dispute under sub-section (1) of section 60 to the Registrar shall pay a fee to Rs. 10/- plus process fee at the rate of 2.50 for each party which shall be deposited in advance in the Financing Bank in the name of the Registrar in “Settlement and Executive Service Expenses Fund”: the original pay-in-slip for the deposit of this account shall be attached with the application for reference of a dispute. The application for reference of a dispute shall be delivered in the office of the Registrar personally and receipt obtained or by registered post alongwith as many spare copies of the application as there are parties on the opposite side.

Rule 88 (4) : If the Registrar is satisfied that the application is maintainable under Sec. 60, he shall by an order, admit the application for decision of the dispute in accordance with the Act and Rules and record his findings on the following points:-

Rule 89 (5) : The arbitrator shall have power to order the expenses of determining a dispute or the cost of either party to be paid by such party or parties to the disputes as he may think fit.

 Provided that the expenses or the cost so awarded shall not exceed 2½ per cent of the awarded amount over the arbitration fee deposited by the claimant with the Registrar.

Rule 92 (i) (b) : In case of claims for Rs.100/-or above......3% of the claims subject to min minimum of Rs.25 and maximum of Rs-750. (Amended on 9.9.88)

Rule 93 : In the proceedings under rule 89 & 92, any party to the dispute may take the assistance of any other person to represent the case on his behalf but may not engage a legal practitioner for the purposes. If a legal practitioner is a member of a cooperative society and represents the society in these proceedings the other party to the dispute staff have aright to be representated by a legal practitioner. (Declared invalid by Delhi High Court in Civil Writ No. 196 of 1981)

Rule No. 7 : I am to request to consider this / these amendment/ amendments In the Interest of your society and to call upon you this notice under rule 16 (2) of the Delhi Cooperative Societies Rule, 1973 10 take necessary steps to make the amendments to the byelaws of your society within ________ days from the date of receipt of this notice, failing which action will be taken as provided under .section 11 (2) of the Delhi Coop. Societies-Act, 1972.

Schedule-II : The Committee in office shall meet sixty clear days in advance of date of expiration of its terms and by resolution determine, the date, time and place for convening a general body meeting for the conduct of election of its successor committee.

Schedule-II

(pare 3) : A copy of the list shall be supplied by the Society to any member on payment of such fees as may be specified by the Committee. Where no fee has been specified, the Secretary or any other person authorised by the Bye-laws, shall supply such list on payment of aoy amount of Rupees Five only).
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Last Updated : 23 Mar,2014