Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 35] [Entire Act]

State of Karnataka - Section

Section 17 in Karnataka Co-Operative Societies Act, 1959

17. Disqualification for membership.

(1)No person shall be eligible for admission as a member of a co-operative society, if he,-
(a)has applied to be adjudicated an insolvent or is an undischarged insolvent; or
(b)has been sentenced for any offence, other than an offence of a political character or an offence not involving moral turpitude, such sentence not having been reversed or the offence pardoned and a period of five years has not elapsed from date of expiry of the sentence.
(c)[ carries on [***] [Clauses (c) and (d) inserted by Act 71 of 1976 w.e.f. 03.11.1976.] business of the kind carried on by such co-operative society;
[Explanation.-***] [Omited by Act 13 of 2004 w.e.f. 22.03.2004]
(d)is already a member of a co-operative society carrying on business of the same kind as itself;]
(2)If a member becomes subject to any of the disqualifications specified in [[***] [Substituted by Act 71 of 1976 w.e.f. 3.11.1976.] sub-section (1)], he shall be deemed to have ceased to be a member from the date when the disqualification was incurred.
(2A)[ If a member fails to fulfil his obligations as a member under the Act, rules or bye-laws, for a continuous period of three years, he shall, on the expiry of such period, cease to be a member.] [Inserted by Act 25 of 1998 w.e.f. 15.8.1998.]
(3)[ If any question arises as to whether a member is deemed to have ceased or has ceased to be a member under sub-section (2) or (2A), the Registrar may either suo-motu or on a report made to him and after giving an opportunity to the person concerned of being heard, decide the question.] [Substituted by Act 25 of 1998 w.e.f. 15.8.1998.]