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State of Goa - Section

Section 118 in The Goa Co-operative Societies Act, 2001

118. Offences.

- The following shall constitute offences under this Act:-
(a)Functioning, trading or carrying on business under any name or title of which the word "Co-operative" or its equivalent in any language forms part, except in the case of a society registered or deemed to be registered under this Act or any other State or Central Act or the family name of any person;
(b)Willful neglect or refusal to do any act required to be done under this Act, or any rule, by any officer of any societies or of a co-operative society as mentioned in section 123;
(c)Willfully making a false return or furnishing false information or failing to file the documents with the Registrar specified in section 81 of the Act;
(d)Failure to hand over the records of the Society to the person authorised to have the custody of the records;
(e)Indulging in fraudulent activities concerning the constitution, management and business of the Society;
(f)Misuse of the funds and property of the Society by any officer or employee of the society.