Interpretations of the words and terms: Unless otherwise separately provided in these bye-laws, the following and terms shall have the meaning assigned to them herein: (i) 'Act' means the Maharashtra Co-operative Societies Act (MCS Act) 1960.ĭepartment of Co-operation, Marketing and Textiles Maharashtra Co-operative Housing Society Bye Laws II. An Act to consolidate and amend the law relating to co-operative societies, with objects not confined to one State and serving the interests of members in more than one State, to facilitate the voluntary formation and democratic functioning of co-operatives as people's institutions based on self-help and mutual aid and to enable them to promote. Multi State Cooperative Societies ACT, 2002. Co-operative Housing Society Bye Laws Marathi. 1) Registration of the Societies – As per section 9 of Co-Operative Societies Act, Registrar can register the society, for smooth functioning of the society, if the aims and objects of the society are meant for growth of its members or financial welfare of common people or general welfare as per section 5.