Rules & Regulations

The books and registers of the Society(with the exception of the deposit register) and bye-laws of the Society shall be open to inspection by members at all reasonable hours in the presence of the officer in charge of them.

The Society cannot be dissolved except in accordance with the provision of the Kerala Co-operative Society Act,21 of 1969. No amendment to the bye-laws nor any addition to it shall be made without the previous approval and registration by the Deputy Registrar.

Running of hostels,Provision Store,Canteen or launching the plantation schemes shall be effected only after making supplementary bye-laws and rules and getting approval for them from the Registrar.

The Society shall keep a copy of the Co-operative Societies Act and Rules and the bye-laws of the Society.
Should any doubt arise as to the interpretation of the Act or Rules or any bye-law the Board of Directors shall refer the same to the Registrar of Co-operative Societies for decision and act according to his decision

Cash balance in excess of Rs.200000/- should be remitted then and there or at least on the next working day in a bank approved by the Joint Registrar.Any person acting against this shall be liable to pay a penal interest at the rate of 18% and also for criminal prosecution.

Dividend shall be claimed within 5 years from the date of the General Body meeting in which resolution on payment of dividend is passed.Unclaimed dividend outstanding for more than the said period will be credited to the dividend equalistation fund after giving notice under UCP to the concerned member.

The Committee may sanction loan to permanent staff of the Society for the purpose of construction of houses or acquisition of ready built houses for a period of exceeding 5 years subject to the concurrence of NABARD and on satisfying the terms and conditions vide sub rules got approved by the Joint Registrar of Co-operartive Societies.The total amount of this kind of loan should not exceed 12% of paid up share capital plus statutory reserve of the Society and the individual maximum limit of Rs.two lakhs.



Deposits may at the discretion of the Board of directors be received at any time from members only.

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Loans shall be given to ‘A’ class members only.But no member can claim a loan as a matter of right.There shall be 5 loans viz, Own Fund DCB

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On the application of 10 or more members,the Board of Directors may start and conduct chit fund to s

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