Consumerfed

• The kerala state co operative consumer federation limited known as Consumerfed

• Consumerfed is the apex body of the consumer co operatives in the state of kerala 

• Consumerfed registered on 04 september 1965

• Consumerfed start functioning on 07 october 1965

• Headquarters of consumerfed is at Eranakulam

• Consumerfed 3 tier in nature

• Primary co operative consumer store at the base level 

• District wholesale store at the middle level 

• Consumerfed at the top level 

• Super market of considered is Triveni

• Note book of consumerfed is known as Triveni

CO OPERATIVE MOVEMENT IN SWEDEN

• Marketing co operatives are very strong in Sweden

• Swedish co operative union and wholesale society is known as Kooperative Forbundet ( KF )

• The Kooperative Forbundet ( KF ) was established in the year 1899

• WE is the publication of KF

• VAR GARD is the college started by KF

• Burial co operatives were founded in Sweden

• The first burial co operative society was Stockholm burial society 

• Stockholm burial society founded in the year 1954

• The golden rule Cash Trading followed by the co operatives in Sweden is the main reason for the success of co operatives in Sweden

KERALA STATE CO OPERATIVE BANK ( KSCB )

• State co operative bank is the federation of central co operative bank ( District co operative Bank )

• Kerala State Co operative Bank ( KSCB ) is the apex bank for short term credit in Kerala

• The headquarters of KSCB is co bank tower at Palayam in Thiruvananthapuram

• The first scheduled apex co operative Bank in India was KSCB

• KSCB is the only one scheduled co operative Bank in Kerala

• The principle State partnership maintained by KSCB

• The KSCB was formed in 1956 November 1

• RBI declared KSCB as a scheduled bank in 1966

• In 1972 RBI issued license to KSCB

• KSCB's Board of Directors include 21 members and it have a 9 member included exicutive committee

• KSCB has Three Regional offices ie Thiruvananthapuram, Ernakulam, Kozhikode

• KSCB have 20 branches

• The Managing Director is the Chief exicutive of KSCB

• Present MD of KSCB is Ms Rani George

• Main function of KSCB is to provide agricultural finance to District Co operative Banks

• The credit card issued by KSCB are Samridhi card and Co bank card

• The training institute of KSCB is ACSTI

• ACSTI known as Agricultural Credit Staff Training Institute

• ACSTI formed in the year 1992

• Headquarters of ACSTI is at Manvila in Thiruvananthapuram

• The first central bank affiliated to KSCB was Malabar Central Co operative Bank

• The maharaja of Travancore His Highness The Moolam Thirunal Ramavarma by his proclamation introduced the Travancore  Co operative Regulation Act in 1914

•  As per the Act the first co operative society, The Trivandrum Central  Co operative Bank registered in the year 1915

• The bank started functioning on 18 January 1916

• The initial working capital was one lakh

• In 1943 the bank was change in nature into The Travancore Central Co operative Bank

• In the year 1949 Travancore Cochin state was formed

• In 1954 the bank renamed as Travancore Cochin Co operative Bank

• On linguistic basis The Kerala State formed in the year 1956. Then the bank was also raised above the ground of State Co operative Bank and further it become The Kerala State Co operative Bank Ltd.

                                   

Kerala co operative societies Act sections 101 - 110

101 - Power to exempt societies

102 - Register of members

103 - Proof of entries in society's book

104 - Service of notice

105 - Acts of societies not to be invalidated by certain defects

106 - Immunity for Acts done or purporting to be done in good faith

107 - Companies Act, 1956, not to apply

108 - Duties of police officer

109 - Power to make rules

110 -  Repeal and savings

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Kerala co operative societies Act sections 91 -100

91 - Functions of state co operative union
92 - Assets, liabilities etc. of regional union
93 - Assets, liabilities etc. of state unions
94 - Offences
95 - Cognizance of offences
95A - Offences by companies
96 - Address of society
97 - Copy of Act, rules and bye-laws to be open to inspection
98 - Tribunal, Registrar etc. To have certain powers of civil court
99 - Orders to be pronounced
100 - Bar of jurisdiction of courts

Kerala co operative societies Act sections 80 - 90

80 - Officers, etc. of co operative societies
80A- Pension scheme
80B- Co operative service examination board
80C- The kerala co operative employees welfare scheme
80D- Kerala co operative employees welfare board
80E- Transfer of assets and control of the existing kerala state co operative employees welfare board
81 - Tribunal
81A- Provisions as to certain pending proceedings
82 - Appeals to Tribunal
83 - Appeals to other authorities
84 - Revision by Tribunal
85 - Review of orders by Tribunal
86 - Interlocutory orders by Tribunal
87 - Powers of revision of registrar and Government
88 - Constitution of circle co operative union
88A-Appointment of officer on default or negligence of members of circle co operative union
88B-Appointment of officers on failure to constitute the circle co operative union
88C-Removal of chairman
89 - Establishment of state co operative union
89A-Appointment of officer or committee on default or negligence of managing committee of state co operative union
89B- Appointment of officers or committee on failure to constitute the managing committee of state co operative union
89C- Removal of chairman vice chairman etc.
90 - Co operative societies to affiliate to state co operative union

Kerala co operative societies Act sections 71 - 79

71 - Winding up of  societies
72 - Liquidator
73 - Power of liquidator
74 - Cancellation of registration of society
74A- Insured co operative Bank
74B- Opening of branches
74C- Inspection in certain co operatives
74D- Duty of chief executive to supply confirmation certificate
74E- Manner of acceptance of deposits and lending of money
74F- Write off of loans
74G- Library in co operative societies
75 - Enforcement of charge
76 - Execution of orders etc.
77 - Registrar or person empowered by him to be a civil court for certain purposes
78 - Attachment of property before award or  order
79 - Recovery of sums due to Government 

Kerala co operative societies Act section 63 - 70

63 - Director  of co operative audit
64 - Scope of audit, power of  the Director of co operative audit and procedure for audit
65 - Inquiry by registrar
66 - Supervision and inspection
66A- Powers of registrar to give directions
66B- Suspension of officers
66C- Submission of return to the Registrar
67 - Cost of inquiry or inspection
68 - Surcharge
68A- Vigilance officer
69 - Disputes to be decided by co operative arbitration court and Registrar
69A- Co operative ombudsman
70 - Award on disputes
70A-Co operative arbitration court
70B-Provisions as to pending proceedings

Kerala co operative societies Act section 55-62

55- Fund not to be divided
56- Disposal of net profit
56A- Disposal of non banking assets
57- Investment of funds
57A- Co operative development and welfare fund
57B- Deposit guarantee scheme
57C- Consortium lending scheme
57D- Co operative risk fund scheme
58- Restriction on borrowings
59- Restriction on loans
60- Restriction on other transactions with members
61- Provident fund
62- Gratuity 

Kerala co operative societies Act sections 42 to 54

42. Direct partnership of Government in societies
43. Indirect partnership of Government in societies
44. Principle state partnership fund
45. Subsidiary state partnership fund
46. Approval of Government for purchase of shares
47. Liability to be limited in respect of certain shares
48. Restriction on amount on dividend
49. Identity of apex and central societies
50. Disposal of share capital and dividend etc
51. Disposal of principle state partnership fund and subsidiary state partnership fund
on winding up of apex or central society
52. Agreement by Government and apex societies
53. Order forms of state aid to societies
54. Provisions of sections 43 to 52 to override other laws