Question

Section 4 of the Co-operative Societies Act is mainly concerned with:

• A. Rights and duties of members
• B. Eligibility for registration
• C. Management of societies
• D. Amalgamation and division of societies

Answer 1

Answer:

B. Eligibility for registration

Sec 4 : Societies which may be registered

• Subject to the provisions of this Act, a co-operative society which has

• As its object the promotion of the economic interests of its members or of the interests of the public in accordance with co-operative principles, or a society established with the object of facilitating the operations of such a society, may be registered under this Act

• Provided that no co-operative society shall be registered if it is likely to be economically unsound, or the registration of which have an adverse effect on development of co-operative movement.