Monday, 26 December 2016

Chptr-2. Co-operative Registration in India

                                                                                                        HISTORICAL BACKGROUND


sir rajagopalchari, who was the registrar of co-operative societies  at  madras province was  appointed  as diwan  of  Cochin  and  subsequently  as  diwan  of  travacore  state.  he had  the  experience  in  the  working    of  co-operative  societies.  so  he  took   the  initiative rand  thereby the first act  by  the  name  Cochin  co-operative  societies  act  of  1913  was   passed.                                                                          
according  to  the  provisions  of  this  act  first  society  organised  in  Cochin  state  is still working  by  the name  edavanakkad  service  co-operative  bank. the  same rajagopalachari  was  appointed   as  the  diwan  of   travancore  also.he  took  the initiation  and thereby travancor co-operative societies  regulation was passed in the year 1914. the late c. govindpillai was appointed as the first registrar of co-operative society in travencore state on November 1914 the first society was registered on 17th November 1914 by the name trivandram central co-operative bank ltd which is the present Kerala state co-operative bank in 1949 the travencore and Cochin state were integrated and thereby travencore Cochin state was formed .at the time travencore co-operative society act was applicable to the Cochin state. There arise necessity to have a common law for the entire travencore Cochin state and in 1952 travencore Cochin co-operative societies act was passed. This was applicable to the entire travencore, Cochin State and old acts were repealed  

Acts


1. Cochin co-operative society Act 1913 
2. Madras co-operative society Act 1932 
3. Travencore co-operative society Act 1914
4. Travencore Cochin co-operative society Act 1952
5. Kerala co-operative society Act 1969 

Chptr-1.Registration Of Co-operative Societiess

HISTORICAL BACKGROUND 


During the early period of British rule the economic condition of the Indian villages was completely shattered.
Britain exploited India by exporting the rich raw materials of our country and importing the manufactured goods from England. Britishers made India a market of their finished product. as a result Indian industries had a set back and they gradually collapsed .
the people who were engaged in such industries had no other alternative but to fall back upon agriculture for their livelihood. this situation added the pressure on land. the Britishers did not pay attention to the problems of  the agriculturists. consequently it was a period of money lenders. they lend money at high rate of interest to the needy agriculturists. this situation increased their indebtedness the money lenders exploit agriculturists , which resulted in unrest among agriculturists   
 ACTS

1. The co-operative credit society Act 1904
2. The co-operative credit society Act 1912
3. Co-operation as state subject 1919
4. Multi unit co-operative society Act 1942
5. Multi state co-operative society Act 1984
6. Multi state co-operative society Act 2002
7. Andhra pradesh mutually aided co-operative society Act 1995
8. banking regulation Act 1949 applicable to co-operatives