The Co-operative Societies Act, 1912

The Co-operative Societies Act, 1912 is a legislation that has been enacted to facilitate the formation and functioning of co-operative societies in India. The Act provides for the registration, management, and dissolution of co-operative societies. It lays down the rules and regulations that need to be followed by these societies for their smooth and efficient functioning. The Act aims to promote the development of co-operative societies as a means of economic and social betterment of their members and to provide for their welfare. The Act also establishes a Central Registrar of Co-operative Societies who is responsible for the registration of co-operative societies and for overseeing their functioning.