Maharashtra Co-operative Societies (Amendment) Act, 2026

Apr 17, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Government of Maharashtra on April 15, 2026, issued the Maharashtra Co-operative Societies (Amendment) Act, 2026 to further amend the Maharashtra Co-operative Societies Act, 1960.

The following amendments have been stated:

• In sub-section (3), the first proviso shall be deleted.

• In sub-section (3), in the second proviso, for the words "the Committee of the Society" the words, letter, figures and brackets "the Committee of the Society, except the Committee of Type "A" Societies prescribed in rule 4 of the Maharashtra Co-operative Societies (Election to Committee) Rules, 2014," shall be substituted.

• In section 78B of the principal Act, in sub-section (4), after the words, brackets and figure "sub-section (3);" the words ", by the committee in its meeting which shall be presided over by an officer authorized by the State Co-operative Election Authority" shall be added.

• In section 78C of the principal Act, in sub-section (3), after the words, brackets and figure "sub-section (2)" the words ", by the committee in its meeting which shall be presided over by an officer authorized by the State Co-operative Election Authority" shall be added.

• In section 73CB of the principal Act, in sub-section (9), in the Explanation, for the words, brackets and figure "the expression 'persons to whom sub-section (8) applies' are the", the words "the term 'person' means the Divisional, District, Taluka or Ward Co-operative Election Officers, Observers, Zonal Officers," shall be substituted.

• For section 73F of the principal Act, the following section shall be substituted, namely:

"73F. (1) If a person is elected to more than one seat on the committee then, he shall retain one seat and shall resign all other seats within a period of fifteen days from the date of declaration of the result of the election by writing under his hand addressed to the concerned Registrar. In case such person does not resign within the said period, then all such seats shall become vacant.

(2) On receipt of such resignation or on the seats becoming so vacant, the committee shall forthwith communicate the occurrence of such vacancy to the State Co-operative Election Authority and Divisional, District, Taluka or Ward Co-operative Election Officer, as the case may be.

(3) The vacancy so occurred shall be filled in within one month from the date of such communication, by nomination of the members eligible to contest election from the class of members in respect of which the vacancy has arisen, in the meeting of the committee which shall be presided over by an officer authorized by the State Co-operative Election Authority.

• In section 81 of the principal Act, in sub-section 17, in clause (a), in the second proviso, for the words "rupees one lakh" the words "rupees two lakhs shall be substituted.

[Act No. XX of 2026]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT