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Which among the following is not a ground for cancellation of registration certificate of a Co-operative society?

AWhen whole of the assets and liabilities of a society are transferred to another society

BWhen a society fail to elect managing committee even after 12 months from the time for conduct of election

CWhen two or more societies are amalgamated into a new society

DWhen a society is divided into two or more societies

Answer:

B. When a society fail to elect managing committee even after 12 months from the time for conduct of election

Read Explanation:

Not commencing work is not a ground for cancellation of the registration certificate of a co-operative society:

  • Reasons for cancellation

    The registration of a co-operative society can be canceled for the following reasons:

    • The society has ceased working

    • The society has ceased to comply with any condition of registration

    • The society's assets and liabilities have been transferred to another society

    • The Registrar believes the society should be dissolved after an inquiry or inspection

  • Appeals

    A member of a society can appeal an order to cancel its registration within two months of the order.


Related Questions:

With reference to cooperative societies, consider the following statements:

  1. A cooperative Society is a volantary. association of persons.
  2. Cooperative Societies are not driven by economic interests
  3. Cooperatives in all states in India are Soley formed under the Co-operative Societies Act, 1912.
  4. To form a cooperative society at least ten Persons are required.
    --- is the vertex of the pyramidal structure In a State for the provision of Short and medium term credit to agriculturists on Co-operative basis

    Arrange the milestones in the history of ICA in the correct Chronological order.

    A. Co-operative principles reviewed

    B. ICA conframs its political neutrality

    C. ICA Moves Geneva

    D. Un grants consultative status to ICA

    Land Mortgage Banks are at present called as

    Which of the following is correct ?

    1. Interest is paid on both savings account and current account.
    2. Normally no interest is paid on current deposit accounts.
    3. Savings deposits are same as current deposits.
    4. No interest is paid on any account.
    5. Interest paid on current accounts is same as fixed term deposits.