44. Recovery of sums due to Government.—(1) All sums due from a registered society or from an
officer or member or past member of a registered society as such to the Government, including any costs
awarded to the Government under section 37, may be recovered in the same manner as arrears of
land-revenue.
(2) Sums due from a registered society to Government and recoverable under sub-section (1) may be
recovered, firstly, from the property of the society; secondly, in the case of a society of which the liability of
the members is limited, from the members subject to the limit of their liability; and, thirdly; in the case of
other societies, from the members.
1. Ins. by Act 4 of 1986, s. 2 and the schedule (w.e.f. 15-5-1986).
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45. Power to exempt societies from conditions as to registration.—Notwithstanding anything
contained in this Act, the State Government may, by special order in each case and subject to such conditions,
if any, as it may impose, exempt any society from any of the requirements of this Act as to registration.
46. Power to exempt registered societies from provisions of the Act.—The State Government may,
by general or special order, exempt any registered society from any of the provisions of this Act or may direct
that such provisions shall apply to such society with such modifications as may be specified in the order.
47. Prohibition of the use of the word “co-operative”.—(1) No person other than a registered society
shall trade or carry on business under any name or title of which the word “co-operative” is part without the
sanction of the State Government:
Provided that nothing in this section shall apply to the use by any person or his successor in interest of
any name or title under which he traded or carried on business at the date on which this Act comes into
operation.
(2) Whoever contravenes the provisions of this section shall be punishable with fine which may extend
to fifty rupees, and in the case of a continuing offence with further fine of five rupees for each day on which
the offence is continued after conviction therefor.
48. Indian Companies Act, 1882, not to apply.—The provisions of the Indian Companies Act, 18821
(6 of 1882), shall not apply to registered societies.
49. Saving of existing societies.—Every society now existing which has been registered under the
Co-operative Credit Societies Act, 1904 (10 of 1904), shall be deemed to be registered under this Act, and
its by-laws shall, so far as the same are not inconsistent with the express provisions of this Act, continue
in force until altered or rescinded.
50. [Repealed.]. Rep. by the Second Repealing and Amending Act, 1914 (17 of 1914), s. 3and the
second Schedule.