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State of Jammu-Kashmir - Section

Section 176 in Jammu and Kashmir Co-Operative Societies Act, 1989

176. Power to make rules.

(1)The Government may for the whole or any part of the State and for any class of co-operative societies after previous publication, make rules to carry out the purposes of this Act.
(2)In particular, and without prejudice to the generality of the fore-going powers, such rules may provide for all or any of the following matters, namely:-
(i)the applicant to whom the order refusing the registration of a co-operative society may be sent by the Registrar;
(ii)the procedure and conditions for change in the form and extent of the liability of a co-operative society;
(iii)the matter in respect of which a co-operative society shall or may make bye-laws;
(iv)the procedure to be followed for amendment of bye-laws by a co-operative society;
(v)the qualifications or disqualifications of individuals who may be admitted as members of co-operative societies;
(vi)the provisions for a second or casting vote by the Chairman of a meeting of a co-operative society;
(vii)the appointment by a co-operative society of one of its members to represent and vote on its behalf at a meeting of another co-operative society of which it is a member;
(viii)the maximum number of shares or portion of the share capital of co-operative society which may be held by an individual member;
(ix)the procedure for the nomination of a person to whom the share or interest of a member on his death maybe transferred or the value thereof may be paid;
(x)the mode in which the value of a deceased member's share shall be ascertained;
(xi)the election of members of committee by the general body of co-operative society;
(xii)the requisitioning of a general meeting of co-operative society;
(xiii)the remuneration payable to a new committee or administrators, a person or persons appointed in place of a committee removed by the Registrar;
(xiv)the constitution of a common service or services comprising of officers and other employees of different classes of co-operative societies [other than Co-operative Credit Structure Societies] [Inserted by Act No. X of 2010, Dated 28.1.2010, w.e.f. 29.4.2010.] and for determining the number and designation of such officers and other employees;
(xv)the qualification, remuneration, allowances, recruitment and other conditions of service of such officers and other employees of co-operative societies [other than Co-operative Credit Structure Societies] [Inserted by Act No. X of 2010, Dated 28.1.2010, w.e.f. 29.4.2010.];
(xvi)the constitution of boards at State and District level for recruitment of officers and other employees of different classes of a co-operative societies;
(xvii)the constitution and maintenance by any apex or central society of a common cadre of personnel to work as officers or as other employees in affiliated societies.
(xviii)the prohibition against officers of a co-operative society being interested in contracts in co-operative society;
(xix)the matters connected with the direct and indirect partnership of the Government in co-operative society;
(xx)the rate at which dividend may be paid by co-operative societies;
(xxi)the payment to be made to the "Co-operative Education Fund" by a co-operative society out of its net profits and mode of its investment;
(xxii)the mode of investment of funds of a co-operative society;
(xxiii)the objects of the reserve fund of a co-operative society and mode of its investment;
(xxiv)the mode of disposal of reserve fund of a co-operative society on its winding up;
(xxv)the extent and conditions, subject to which a co-operative society may receive deposits and loans;
(xxvi)the restrictions on transactions by a co-operative society with non-members;
(xxvii)the restrictions on grant of loans by a co-operative society against its shares;
(xxviii)the form and standards of fluid resources to be maintained by co-operative society accepting deposits and granting cash credits;
(xxix)the levy of audit fees on co-operative societies;
(xxx)the procedure to be followed in proceedings before the Registrar, arbitrator or other persons deciding disputes;
(xxxi)the conditions subject to which assets of co-operative society shall vest in liquidator and the procedure to be adopted in winding up of a co-operative society;
(xxxii)the procedure of recovery of amount due or payable to a co-operative society;
(xxxiii)the mode of making attachment before a judgment;
(xxxiv)the procedure for the distraint and sale of property mortgaged to Agriculture and Rural Development Banks;
(xxxv)the qualifications of members of the Tribunal; (xxxv i) the manner for registering the address of a co-operative society;
(xxxvii)the account books and registers to be kept by a co-operative society and power of Registrar to direct the accounts and books to be written up;
(xxxviii)the manner of certification of entries in the books of a co-operative society and copies of documents kept by it in the course of its business;
(xxxix)the statements and returns to be furnished by co-operative societies to the Registrar;
(xl)the restrictions on persons appearing as legal practitioners;
(xli)the inspection of documents and the levy of fees for granting certified copies thereof; and
(xlii)the matters expressly required or allowed by the Act to be prescribed.