The Dadra and Nagar Haveli and Daman and Diu Co-operative Societies Regulation, 2024
The Ministry of Law and Justice has notified the Dadra and Nagar Haveli and Daman and Diu Co-operative Societies Regulation, 2024 w.e.f. 30.09.2024
The above Regulation provides for registration, incorporation and management of Co-operative Societies in the Union territory of Dadra and Nagar Haveli and Daman and Diu. As a result, the Maharashtra Co-operative Societies Act, 1960 which was applicable to the erstwhile Union territory of Daman and Diu and the Gujarat Co-operative Societies Act, 1961 which was applicable to the erstwhile Union territory of Dadra and Nagar Haveli have been repealed.
It has been provided that the societies registered before the commencement of this Regulation shall meet such norms within a period of five years from the date of commencement of this Regulation.
The Regulation provides that the following societies may be registered under the said regulations.
(i) A society established for promotion of the economic interests or general welfare of its members, or of the public, in accordance with such co-operative principles as specified in the Schedule; or
(ii) A society established for facilitating the operations of any such society,
Provided that, no society shall be registered, if it is likely to be economically unsound, or the registration of which may have an adverse effect upon any other society, or it is opposed to, or its working is likely to be in contravention of public policy or which may have an adverse effect on development of the co-operative movement, or the registration of which may be contrary to the policy directives which the Union territory Administration may, from time to time, issue.
The Administrator may however, by special order in writing in each case and for the reasons mentioned therein, exempt subject to such conditions, if any, as it may impose, any society from any of the requirements of this Regulation as to registration of such society.
Also, a society to be registered under this Regulation may be registered with limited liability.
If the Registrar is of the opinion that the application complies with the requirements registration but its bye-laws are not in conformity with the provisions of this Regulation and the rules, he may provisionally register the society and by an order in writing permit the society to perform such functions subject to such conditions as he may specify in the order and may also by an order in writing direct the society to amend, within the period prescribed in this behalf, its bye-laws so as to bring them in conformity with this Regulation and the rules made thereunder
The Registrar shall maintain a register in the prescribed form of all societies registered or deemed to be registered under this Regulation. The Registrar may classify all societies into such classes and in such manner as he thinks fit and the classification thereof shall be final on the societies.
A society may, by resolution passed by two-thirds majority of the members present and voting at a special general meeting held for the purpose, decide to amalgamate with another society or a society registered under the Multi-State Co-operative Societies Act 2002, or to transfer its assets and liabilities, in whole or in part, to any other society or to divide itself into two or more societies or to convert itself into another class of society; or (e) to change its objects. Also, in the public interest or in the interest of co-operative movement, or for the purpose of securing proper management of any society, The Registrar may direct that two or more societies should be amalgamated or that any society should be re-organised
If the Registrar is satisfied that any society is registered on mis-representation made by applicants, or where the work of the society is completed or exhausted or the purposes for which the society has been registered are not served, or any primary agricultural co-operative credit society using the word “bank”, “banking”, “banker” or any other derivative of the word “bank” in its name, he may, after giving an opportunity of being heard to the society, de-register the society.
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