Co-Operative Societies Act, 1912
47. Prohibition of the use of the word
"co-operative"
(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 4[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.