Section 27, Multi-State Co-operative Societies Act, 2002 [S21-1X4]

As at 7 September 2026. In force from 10 June 2003 by S.O. 3251(E) [N12-BH5].

In Multi-State Co-operative Societies Act, 2002 [A11-80T]. This text from 10 June 2003. No other text held.

Synthetic. The words of this section are generated by the register; the title, number and year of the Act are real.

Cite: Section 27, Multi-State Co-operative Societies Act, 2002 [S21-1X4]. Machine: S21-1X4.

27. Grant of licence.—(1) An application for a licence to undertake the business of a co-operative society shall be made to the Registrar in Form B, accompanied by a fee of one hundred rupees. (2) The Registrar may, after making such inquiry as it thinks fit, grant the licence subject to such conditions as may be prescribed, or, for reasons to be recorded in writing, refuse to grant the licence. (3) A licence granted under this section shall be valid for a period of three years from the date of its grant and may be renewed in such manner as may be prescribed. (4) The Registrar may, after giving the licensee an opportunity of being heard, suspend or cancel a licence for contravention of any condition thereof.

Defined terms in this text (2)

co-operative society: Section 2, Multi-State Co-operative Societies Act, 2002 [S2114K] (In this Act, unless the context otherwise requires,—): "co-operative society" means a society registered or deemed to be registered under this Act

co-operative society: 21 more definitions.

Registrar: Section 2, Multi-State Co-operative Societies Act, 2002 [S2114K] (In this Act, unless the context otherwise requires,—): "Registrar" means the Central Registrar of Co-operative Societies appointed under section 4

Registrar: 79 more definitions.

Made under this section, or naming it (0)

none

Cited by (1)

Section 26, Multi-State Co-operative Societies Act, 2002 [S21-1W6], 24 September 2002, Band A. "section 27".

Not held (0)

none

Duties published under this section (0)

none