(1) No person other than a registered society shall trade or carry on business under any name or title of which the word "co-operative" is part without the sanction of the State Government:
Provided that nothing in this section shall apply to the use by any person or his successor in interest of any name or title under which he traded or carried on business at the date on which this Act comes into operation.
(2) Whoever contravenes the provisions of this section shall be punishable with fine which may extend to fifty rupees, and in the case of a continuing offence with further fine of five rupees for each day on which the offence is continued after conviction therefor.
Co Operative Societies Act 1912
Section 41 of Cooperative Societies Act - Effect of cancellation of registration
Section 42 of Cooperative Societies Act - Winding-up
Section 43 of Cooperative Societies Act - Rules
Section 44 of Cooperative Societies Act - Recovery of sums due to Government
Section 47 of Cooperative Societies Act - Prohibition of the use of the word co-operative
Section 48 of Cooperative Societies Act - Indian Companies Act, 1882, not to apply
Section 49 of Cooperative Societies Act - Saving of existing societies