Definition as per Reserve Bank of India Act, 1934 “Scheduled Bank” means a bank included in the Second Schedule; Banking Regulation Act 1949 "Co-operative bank" means a state co-operative bank, a central co-operative bank and a primary co-operative bank; "Co-operative Credit Society" means a co-operative society, the primary object of which is to provide financial accommodation … Continue reading Definitions of Co-operative Societies in Others Acts
Electric Vehicle (EV) Charging In Parking
Regulation, Tariff, Infrastructure and Safety Measures
Year End Checklist for Cooperative Societies
Year-end closing is the process of recording, reviewing, reconciling, and verifying all financial transactions and aspects of the Cooperative Societies for the fiscal year prior to the closing. This includes expenses, income, assets, investments, liabilities and more. In this article, a check list is shared to ease this process: Financial Checklist Call for Vendor Invoice for the … Continue reading Year End Checklist for Cooperative Societies
House Hold / Domestic Help – Minimum Age
Question arose when few Cooperative Housing Societies started passing resolutions in either Annual General Meeting / Special General Meeting / Committee Meeting on restricting children / adolescents to be used as house hold / domestic help. In this article we will answer What are the various laws in relation to Child / adolescent in India.Which … Continue reading House Hold / Domestic Help – Minimum Age
Principal of Cooperative
International Cooperative Alliance Statement on the Cooperative Identity was adopted in Manchester, United Kingdom on 3.09.1995. This article gives details of definition of cooperative, values and 7 principals of Co Operative based on the above statement. Definition of a Cooperative A co-operative is an autonomous association of persons united voluntarily to meet their common economic, … Continue reading Principal of Cooperative
Gujarat Cooperative Societies 