Tuesday, September 28, 2021
Markfed Sept to Nov


Innocent Admission

Cabinet Okays formulation of Punjab Self-Supporting Cooperative Societies Rules-2019

- Advertisement -

Chandigarh, March 2, 2020 (Yes Punjab News)

The Punjab Cabinet led by Chief Minister Captain Amarinder Singh on Monday approved the formulation of the ‘Punjab Self-Supporting Co-operative Rules, 2019’ to facilitate the voluntary formation of the Self-supporting Co-operative societies as independent, self-reliant and democratic business enterprises that are free from outside interference.

The Rules will help achieve the objectives of the Punjab Self-Supporting Co-operative Societies Act 2006, said an official spokesperson, adding that the same will come into effect from the date of notification in the gazette of Punjab.

The Rules provide for forms of application for registration of self-supporting cooperatives, for conversion of a Primary Cooperative Society into a Self-Supporting Co-operative Society, and for registration of amendment of bye-laws of the Self-Supporting Cooperative Society.

Punjab Cabinet decides to amend FRBM Act to enable Additional Borrowing of Rs.928-cr in 209-20

The Rules also include instructions on writing off bad debts and losses, displaying the list of defaulting members of the society.

They further envisage the manner of division of area of operation of a self-supporting Cooperative Society into zones for the purpose of election of Directors of the Board of the society, dispute resolution, fee to the members of the Arbitration Council, maintenance of records of Arbitration Council, manner of communication of date, time and place of hearing, appeals, submission of reports and deposits of funds and manner in which the accounts shall be maintained by the Liquidator.

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Narendra Modi create

India calls upon the democratic world to come to grips with ‘radicalisation’ – by D.C. Pathak

Prime Minister Narendra Modi could not have used a better occasion than the Shanghai Cooperation Organization (SCO) summit hosted by Tajikistan on Sep 17...
Modi Biden Scott Morrison Yoshida Yoga

The Hocus Pocus about Quad and AUKUS – by Saeed Naqvi

Robert Blackwill, US ambassador at the time of anti-terror fireworks over Afghanistan, had established a tradition of seating guests at lunch around a circular...
Recep Tayyip Erdogan

Israel-Turkey ties exhibition of President Erdogan’s hypocrisy – by Shujaat Ali Quadri

Turkish President Recep Tayyip Erdogan's hypocrisy in proclaiming himself as the "defender" of the Palestinian cause, while maintaining military, diplomatic and economic alliance with...


Health & Fitness

Eyes Testing

Blurring vision? Read the signs

New Delhi, Sep 27, 2021- Senior citizens account for 12 per cent of the world's population and the number is set to grow over 22 per cent by 2050. With age, one may be prone to age-related retinal or eye problems. One of the most common vision problems experienced by the elderly is Age-related Macular Degeneration (AMD), which affects...

Gadgets & Tech

error: Content is protected !!