The Cooperatives Act 2074 was published on 2074-04-01. The main objective to publish the cooperative act is to develop a self-reliant, sustainable and socialism-oriented national economy and to amend existing laws on cooperatives, thereby making it time-bound. It generally focuses on the development of corporate farming, craftsmanship, and industries.
Specification:
- Records, Account and audit of cooperatives
- Amalgamation, Dissolution and Cancellation of registration of cooperatives.
- Offence, Punishment, Fines and appeal.
- Provision related to cooperative banks.
Source: PDF Copy of Cooperatives Acts 2074 , provided above was downloaded from Ministry of Land Management, Cooperatives and Poverty Alleviation.
