Constitution Section 43B — Promotion of co-operative societies

Part IV — DIRECTIVE PRINCIPLES OF STATE POLICY

Constitutional

Summary

The government should try to encourage co-operative societies to be formed freely, run independently, be controlled by their members through voting, and be managed in a professional way.

Official Text

The State shall endeavour to promote voluntary formation, autonomous functioning, democratic control and professional management of co-operative societies.

Related Judgments

INCOME TAX OFFICER, MUMBAI vs VENKATESH PREMISES COOPERATIVE SOCIETY LTD — Supreme Court of India (2018)
MARUTI SUZUKI INDIA LTD. vs COMMISSIONER OF INCOME TAX, DELHI — Supreme Court of India (2020)
UNION OF INDIA & ORS. vs EXIDE INDUSTRIES LIMITED & ANR — Supreme Court of India (2020)