(2) In particular, and without prejudice to the generality of the foregoing power, such
rules may--
[(i) subject to the provisions of
section 3, prescribe the designation of officers who shall
exercise powers vested in the Registrar;]
(ii) prescribe the forms to be used and the conditions to be complied with it, the making
of applications for the registration of a society under
section 8 and the procedure in the
matter of such application;
(iii) prescribe the matter in respect of which a society may make, or the [Cooperative court] may direct a society to make, by-laws and the conditions to be followed in making,
altering and abrogating by-laws and the conditions to be satisfied prior to such making,
alteration or abrogation;
(iv) prescribe the procedure to be followed and conditions to be observed for change of
name or liability, amalgamation, transfer, division, conversion, or reconstruction of
society;
(v) prescribe the form of and procedure for an application under
section 19 and the
procedure for reconstruction of a society under that section;
[(v-a) prescribe the conditions subject to which the Official Assignee shall realise the
assets and liquidate the liabilities, under
section 21A(3);
(v-b) prescribe the manner of giving public notice and the remuneration and allowances
to be paid to Official Assignee, under
sections 21A(1) and 21A(4);
(v-c) prescribe the form of application, under
section 23 (1A);]
[(v-d) prescribe the manner for entering into collaboration by any society or societies
with any Government undertaking or any undertaking approved by Government for
carrying on any business;]
(vi) prescribe the conditions to be complied with by a person applying for admission or
admitted as a member and provide for the election and admission of members and the
payment to be made and the interests to be acquired before the exercise of the right of
membership;
(vii) prescribe in the case of a federal society or class of federal societies the proportion
of individual members to society members in such society or class of societies and the
proportion of individual members to society members in the committee of such society or
class of societies;
(viii) subject to the provisions of
section 28, prescribe the maximum number of shares or
portion of the capital of a society which may be held by a member;
(ix) prescribe the procedure for the admission of joint members, members of a joint
Hindu undivided family, and minors and persons of unsound mind inheriting the share or
interest of deceased members and provide for their rights and liabilities;
(x) provide for the withdrawal, removal or expulsion of members and for the payments to
them and for the liabilities of past members and the estate of deceased members;
(xi) prescribe the conditions and procedures for the transfer of share or interest;
(xii) provide for the nomination of a person to whom the share or the interest of a
deceased member may be paid or transferred;
(xiii) provide for ascertaining the value of a share or interest of a past member or
deceased member;
(xiv) prescribe the payments to be made and the conditions to be complied with by
members applying for loans, the period for which loans may be made, and the amount
which may be lent to an individual member;
(xv) provide for the inspection of documents in the Registrar's office and the levy of fee
for granting certified copies of the same;
(xvi) provide for the procedure for registering the address of a society and the change of
its address;
(xvii) provide for the formation and maintenance of a register of members, and where the
liability of members is limited by shares, of a register of shares and a list of members;
(xviii) provide for securing that the share capital of any society shall be variable in such a
way as may be necessary to secure that the share shall not appreciate in value and that
necessary capital shall be available for the society as required;
(xix) provide for the procedure to be adopted by a society with limited liability in order to
reduce its share capital;
(xx) prescribe the period for and terms upon which Government aid may be given to
societies and terms under which the State Government may subscribe to the share capital
of and guarantee the payment of the principal of and interest on debentures issued by
societies;
(xxi) regulate the manner in which funds may be raised by a society or class of societies
by means of shares or debentures or otherwise and the quantum of funds so raised;
(xxii) prescribe the limits for loans to be granted by a society or class of societies against
different class of securities or without security and the procedure for granting loans;
(xxiii) prescribe the manner of recalling a loan;
(xxiv) prescribe the limits for granting credit by a non-credit society or a class of noncredit
societies;
(xxv) prescribe the prohibitions and restrictions subject to which societies may trade or
transact business with persons who are not members;
(xxvi) prescribe the conditions on which any charge in favour of a society shall be
satisfied and the extent to which and the order in which the property to the charge shall
be used in its satisfaction;
(xxvii) provide for giving reasonable notice of the charge under
section 48;
(xxviii) prescribe the procedure by which a society shall calculate and write off bad
debts;
[(xxix) the manner in which a society shall construct its annual financial statements and
the other purposes for which a society may appropriate its net profits, under
section 65;]
(xxx) provide for the formation and maintenance of reserve fund and the objects to which
such fund may be applied and for the investment and use of any fund including reserve
fund under the control of a society;
(xxxi) prescribe the conditions under which profits may be distributed as dividend and
bonus among the members and non-members of a society;
(xxxii) prescribe the rate at which a society shall contribute towards the education fund of
the State federal society under
section 68;
[(xxxii-a) prescribe the rate or rates at which and the manner in which the societies
(including other corporate bodies) shall contribute towards the Co-operative State Cadre
Employment Fund under
section 69A;
(xxxiii) define the co-operative purpose for which a society shall, under
section 69, utilise its fund;
(xxxiv) prescribe the mode of investment of funds of a society shall, under
section 69,
utilise its fund;
(xxxv) provide for the payment of contribution to any provident fund which may be
established by a society for the benefit of officers and servants employed by it and for the
administration of such provident fund;
(xxxv-a) prescribe the procedure for the election to notified societies under
section 73-IC (2);
(xxxv-b) prescribe the manner of recovery of the expenses of holding elections to notified
societies by the Registrar, under
section 73-ID;
(xxxv-c) prescribe the requisition form and the manner in which the motion of no confidence
can be brought under section 73-ID;
(xxxv-d) prescribe the manner to fill in the seat reserved for the employees by selection,
or by election by employees under
section 73BB(1);
(xxxv-e) prescribes the body of persons for selection of persons on a panel for
appointment, under
section 74(2);
(xxxvi) prescribe the procedure and conditions for the exercise by a federal society, of the
powers conferred by this Act;
(xxxvii) provide for general meetings of the members for the procedure at such meetings
and the power to be exercised by such meetings;
(xxxviii) prescribe the conditions in which a member of a society may be disqualified
from voting;
(xxxix) [provide for the removal and appointment of the committee or its members] and
other officers and for the appointment of administrator under
section 78 and prescribe
procedure at meeting of the committee and or for the powers to be exercised and the
duties to be performed by the committee, administrator and other officers;
(xl) prescribe qualifications for members of the committee and employees of a society or
class of societies [duties to be performed by, and several and joint liabilities therefor, of
such members] and the conditions of service subject to which person may be employed
by societies;
[(xl-a) prescribe the amount and nature of security to be furnished by any officers or
employees of any society or class of societies who are required to handle cash, securities
or property belonging to the society, the maximum amount of cash which may be handled
or kept at a time by any officer or employee, and the amount, in excess of which, all
payment shall be made by or on behalf of the society by means of a cheque;]
(xli) prescribe the returns to be submitted by a society to the Registrar and provide for the
person by whom and the form in which such returns shall be submitted;
(xlii) provide for the persons by whom and the from in which copies of documents and
entries in books of societies may be certified and the charges to be levied for the supply
of copies thereof;
(xliii) provide for the procedure to be adopted by the Registrar in the cases where the
taking of possession of books documents, securities, cash and other properties of a
society or of a society the affairs of which have been ordered to be wound up by the
Registrar or by a person entitled to the same is resisted or obstructed;
(xliv) provide for the procedure to be adopted for taking possession of books, documents,
securities, cash and other property of a society by a person acting under
sections 81, 83 and 84
in cases where misappropriation of funds, breach of trust or fraud has been
committed, or where it is suspected or apprehended that the books, documents, securities,
cash and other properties are likely to be tampered with or destroyed or removed;
(xlv) prescribe the accounts and books to be kept by a society or class of societies;
(xlvi) prescribe the procedure for conducting an audit, the matters on which the auditor
shall submit a report, the form in which the statement of accounts shall be prepared for
his audit, the, limits within which the auditor may examine
(xlvii) prescribe the procedure for appointment of auditors under
section 81;
(xlviii) prescribe the form for the rectification of defects discovered in the course of
audit, inspection or inquiry;
(xlix) prescribe the procedure for apportioning the cost of inquiry and inspection and for
assessing damages against delinquent promoters under
section 88 and for recovery of cost
and damages;
(l) prescribe the procedure for apportioning the cost of inquiry and inspection and for
assessing damages against delinquent promoters under
section 88 and for recovery of cost
and damages;
(li) prescribe the manner in which appointment shall be made and control exercised by,
and the number of persons comprising, and functions to be performed by, the authority
constituted under
section 90, the manner of election and nomination of such persons, the
fees to be paid to such authority and the manner of such payment and the procedure for
and the method of calculating any cost, charges or expenses required to be levied under
this Act or the rules;
[(lii) prescribe the qualifications of the members constituting the Co-operative Courts,
provide for the terms and conditions of their appointment, prescribe the procedure to be
followed in proceedings before [the Co-operative Courts]; [provide for fixing,
levying and collecting appropriate fees and expenses for determining the disputes
(including expenses incurred by the parties to the proceedings), having regard to the
services rendered or to be rendered or any expenditure incurred or likely to be incurred
for the machinery set up therefor, provide for delegation of the power of fixing the scale
of any such fees and expenses to the Registrar, (and all such fees and expenses being
applicable to any disputes and other proceedings which may be pending immediately
before commencement of Maharashtra Co-operative Societies (Third Amendment) Act,
1973, or which may be referred to or instituted thereafter), provide for the mode of
payment of these fees and expenses whether in the form of court-fee stamps, in cash or in
any other manner; and provide, for enforcing the decisions, awards or orders in such
proceedings);]
(liii) prescribe the form in which a dispute shall be referred to the [Co-operative
Court];
(liv) provide for the issue and service of processes and for providing of service thereof;
(lv) provide for the investigation of claims and objections that may be preferred against
any attachment effected [under
section 95];
(lvi) prescribe the procedure for and the method of recovery of any sums due under this
Act or the rules;
(lvii) prescribe the procedure to be followed for the custody of property attached under
section 95;
(lviii) prescribe the procedure to be followed in the execution of awards;
(lix) prescribe the manner in which any properly shall be delivered to, and the terms and
conditions subject to which such property shall be held by, a society under
section 100;
(lx) prescribe the procedure for attachment and sale of property for the realisation of any
security given by a person in the course of execution proceedings;
(lxi) prescribe the procedure and conditions for the exercise of the powers conferred
under
section 105 and the procedure to be followed by a Liquidator and provide for the
disposal of surplus assets;
(lxii) prescribe the matters in which an appeal shall lie from the order of Liquidator
appointed under
section 103;
(lxiii) prescribe the procedure and conditions for the issue, redemption, re-issue, transfer,
replacement, or conversion of debentures issued by a society to which Chapter XI is
applicable;
(lxiv) prescribe the maximum amount of principal, rate of interest and other conditions
for the guarantee of debentures issued by a society to which Chapter XI is applicable;
(lxv) prescribe the qualifications and methods of appointment of an officer to effect sale
under
section 133 and the powers and functions which such an officer may exercise;
(lxvi) prescribe for the appointment of a receiver of the produce and income of the
mortgage property for sale under
section 133, the conditions in which he may be
appointed or removed, the powers and functions which he may exercise and the expenses
of management and remuneration which he may receive;
(lxvii) prescribe the circumstances in which action may be taken by [an Agriculture
and Rural Development Bank] against a mortgagor under
section 133(2);
(lxviii) prescribe, in case of sale of immovable property under Chapter XI--
(a) the procedure for proclamation and conduct of the sale and the conditions on which an
attempt of sale may be abandoned;
(b) the method of calculating the expenses incidental to the sale or attempted sale;
(c) the procedure for the receipt of deposit and disposal of the proceeds of sale;
(d) the procedure for a resale if an attempted sale is abandoned or the purchase money is
not deposited within the prescribed time and the penalty to be levied against the
purchaser who fails so to deposit the purchase money;
(e) the form and method of disposal of money by [an Agriculture and Rural
Development Bank] under
section 135;
(f) the form of sale certificate under
section 136;
(g) the procedure for the delivery by the Court of the property purchased to the purchaser
under
section 136;
(h) the form of the notice referred to in
section 143; and
(f) the fee payable or the service of such notices and the manner of serving such notices
on, and of the transmitting landlords' fee to, the landlord named in such notices;
(lxix) prescribe the time within which and the procedure according to which property
purchased by [an Agriculture and Rural Development Bank] at a sale of immovable
property under Chapter XI shall be disposed of by the bank;
(lxx) prescribe the procedure to be followed in presenting and disposing of appeals;
[(lxxi) prescribe the qualifications and the period of office of members of the Cooperative
Appellate Court;]
(lxxii) prescribe in the case of appeals lying to the State Government the authority to
which power of hearing appeals may be delegated;
(lxxiii) prescribe the method of communicating or publishing any order, decision or
award required to be communicated or published under this Act or the rules;
(lxxiv) provide that the contravention of any of the rules shall be an offence under the
Act;
(lxxv) provide for all other matters expressly required or allowed by this Act, to be
prescribed by rules.