Question

Identify the accurate statements regarding the KCS Act, 1969.

1. Encompasses legal provisions for Co-operative societies in Kerala.

2. Provides the legal framework for Co-operative societies in Travancore.

3. Defines the specific characteristics and regulations of Co-operative societies in Kerala.

4. Based on the Act the first primary society called the Edavanakkal Service Co-operative Society.

• A. II and III are correct
• B. I and III are correct
• C. I, II and III are correct
• D. All are correct

Answer 1

Answer:

B. I and III are correct

The Kerala Co-operative Societies Act, 1969 (KCS Act) was enacted to consolidate, amend, and unify the laws related to co-operative societies in Kerala. The act came into effect on May 15, 1969, after the integration of Travancore, Kochi, and Malabar to form the state of Kerala. 

Here are some aspects of the KCS Act:

• Definitions

  The act defines terms such as the Co-operative Development and Welfare Fund, the Cooperative Ombudsman, and co-operative principles.

• Sections

  The act includes sections on the election and removal of the president and vice president, the appointment of a new committee or administrator, and the disposal of share capital and dividend.

• Revisions

  The KCS Act has been revised and modified at various stages. For example, the Kerala Co-operative Societies (Third Amendment) Bill, 2022 amended section 94 of the act.

• Basis

  All states in India have their own co-operation acts, which are based on the Indian Co-operative Societies Act of 1904 and 1912. 

The KCS Act and rules are available on the website of the Department of Cooperation, Government of Kerala.