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The act renamed industrial and provident societies as co-operative or community benefit societies. The act effectively implemented the renaming provisions first enacted in the Co-operative and Community Benefit Societies and Credit Unions Act 2010 and coincided with a number of other changes foreshadowed by the 2010 act, such as the application of the Company Directors Disqualification Act ...
The Co-operatives and Community Benefit Societies Act 2003 (c.15) was an Act of the Parliament of the United Kingdom that received royal assent. [ 1 ] It was repealed in full in 2014 by the Co-operative and Community Benefit Societies Act 2014 .
Cooperative Societies only became legal in Britain after the passing of Slaney's Act in 1852. In 1865 there were 651 registered societies with a total membership of well over 200,000. In 1865 there were 651 registered societies with a total membership of well over 200,000.
Indian Farmers Fertiliser Cooperative Limited (IFFCO) was registered on November 3, 1967, as a Multi-Unit Co-operative Society. On the enactment of the Multistate Co-operative Societies Act 2002, the Society is deemed to be registered as a Multistate Co-operative Society. The Society is primarily engaged in production and distribution of ...
The Act provides that: Industrial and Provident Societies will be either a Co-operative Society or a Community Benefit Society or a Pre-2010 Act Society. Like companies, organisations registered as societies under the Industrial and Provident Societies Act 1965 will be subject to the Company Directors Disqualification Act 1986. Board or ...
The Cooperative Credit Societies Act, 1904 enabled formation of cooperatives for supplying to farmers cheap credit and protect them from exploitation in the hands of the moneylenders. The cooperative act 1912 expanded the sphere of cooperation and provided for supervision by central organisation.
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The National Cooperative Development Corporation (NCDC) is a statutory Corporation set up under an Act of Indian Parliament on 14 March 1963. The objectives of NCDC are planning and promoting programmes for production, processing, marketing, storage, export and import of agricultural produce, foodstuffs, industrial goods, livestock and certain other notified commodities and services on ...