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Section 4 – The Delhi Co-Operative Societies Act,1972

The Delhi Co-Operative Societies Act,1972

4. Societies which may be registered.-

(1) Subject to the provisions hereinafter contained, a society which has as its objects the promotion of the economic interests of its members in accordance with co-operative principles, or a society established with the object of facilitating the operations of such a society, may be registered under this Act with or without limited liability.

Provided that no society shall be registered if it is likely to be economically unsound or the registration of which may have an adverse effect on development of co-operative movements:

Provided further that, unless the Lieutenant-Governor by general special order otherwise directs, the liability of the society of which a member is a co-operative society shall be limited.

The word ” limited or its equivalent in any Indian language shall be the last word in the name of every society registered under this Act with limited liability.

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The Delhi Co-Opearative Societies Act,1972

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