Maharashtra Co-operative Societies Act, 1960
(the 1960 Act) and the Multi-State Co-operative
Societies Act, 2002 (the 2002 Act) continue to
have jurisdiction ... that
under the MCS Act, 1960 Act and the MSCS Act, 2002 co-
operative banks established under the Societies Act had an
effective and speedy
filed by the respondent no.7 under
section 101 of the MCS Act. The said recovery certificate dated 1 st
June, 2010 issued ... Income Tax Act being Central Act, in
case of inconsistency if any between Income Tax Act, 1961 and the
MCS Rules, the provisions of Income
Section 101 of
the Maharashtra Co-operative Societies Act, 1960 (Said MCS Act)
against respondent no. 1 and its guarantor ... purchasers towards the compliance of Section
154(2A) of the MCS Act and further directed to deal with the said
revision application filed
operative Societies Act,2002 (Multi-State Act ). Thereupon the
petitioner stood registered under the Multi-State Act and its
registration under the MCS Act ... abolished the courts or authorities
under the MCS Act .
11. The Multi - State Act and the MCS Act do not contain
any provisions
Institutions Act, 1993 (RDB Act 1993) or the Securitisation Act, 2002 are special acts relating due to the Banks however so far as MCS Act ... Act, 1993 (51 of 1993)
35. The provisions of this Act provisions of this Act to override other laws-The provisions of this Act shall
under the MCS Act , the Bank has no authority in law to take action under the Securitisation Act because the Securitisation Act does not contemplate ... various provisions of the Securitisation Act to have overriding effect over the Debt Recovery Act as well as MCS Act . The term "any other
Maharashtra Co-operative Societies Act, 1960 (' MCS Act ' for short) and such incentive bonus would not be allowable expenditure. For the same reasons ... said expenditure constitute appropriation of profits bonus under the provisions of MCS Act, 1960 ?
Regarding question No. 1
9. The question as to whether Section
Maharashtra Co-operative Societies Act, 1960 (for short "the said
MCS Act ") before the respondent no.3. The respondent no.3 issued ... MCS Rules and directly challenged the auction sale and sale
certificate by invoking section 154 of the MCS Act before the
respondent
Maharashtra Co-operative Societies, Act, 1960 (for short " MCS Act ").
Some of the relevant facts for the purpose of deciding this petition ... application for issuance of recovery certificate under section 101 of
the MCS Act before the respondent no.7. The recovery certificates
were issued in favour
various provisions of the Securitisation Act to have overriding effect over the Debt Recovery Act as well as MCS Act . The term "any other ... legislations i.e. The M.C.S. Act and the Securitisation Act, the M.C.S. Act would prevail. Rejecting the above contention, the Division
