<?xml version="1.0" encoding="UTF-8"?>
<!-- generator="FeedCreator 1.7.2" -->
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
    <channel>
        <atom:link href="http://theikdi.yolasite.com/co-operatives.rss" rel="self" type="application/rss+xml" />
        <title>co-operatives</title>
        <description>co-operatives</description>
        <link>http://theikdi.yolasite.com/co-operatives.php</link>
        <lastBuildDate>Sat, 13 Jun 2026 10:16:42 +0100</lastBuildDate>
        <generator>FeedCreator 1.7.2</generator>
        <item>
            <title>The Principles of Co-operation as practiced by the Rochdale Pioneers</title>
            <link>http://theikdi.yolasite.com/co-operatives/the-principles-of-co-operation-as-practiced-by-the-rochdale-pioneers</link>
            <description>&lt;h3 style=&quot;color: rgb(255, 0, 127);&quot;&gt;1. The Principles of Co-operation as practiced by the Rochdale Pioneers&lt;/h3&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;The Rochdale Society of Equitable Pioneers was registered
under the Friendly Societies' Acts of 1829 and 1834, the basis
of which was the provision of Mutual Benefits. The creation of
Friendly Societies, their organization and control, was
provided for in a whole series of legislative enactments
adopted between 1790 end the present time. The Societies were
formed to provide the members with financial aid or
`Benefits,' in a word - insurance against sickness, old age,
infirmity, and death. The Act of 1834 contained the provision
that Societies might be formed for the foregoing purpose `or
for any other purpose which is not illegal.' The Rochdale
Pioneers with native shrewdness and intelligence, sharpened by
their conflicts with the regime under which they lived and
suffered and by their studies of economic and social
solutions, found legal authority and protection for their
society in these Acts. The evolution of the co-operative
legislation which followed fully justified their confidence
and acumen. The Act of 1846 contained a new and enlarged
statement of the purposes for which a Society might be formed,
including `the frugal investment of the savings of the members
for better enabling them to purchase food, firing, clothes or
other necessaries....with or without the assistance of
charitable donations.' This latter phrase rather suggest that
the legislature had not, up to that point, realized even the
elementary possibilities of Co-operative Societies as trading
concerns.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;By 1852, some glimmering of potentialities of Co-operative
Societies, or at least the direction of their evolution, had
seized the minds of legislators, and the Industrial and
Provident Societies' Act of 1852 was introduced and passed
into law. This was the first Act of Parliament which specially
provided for the formation of Co-operative Societies, taking
them henceforth out of the sphere of Friendly Society
legislation, or at least giving them separate legislative
authority.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Meanwhile, the twenty-eight Weavers had established their
Store in Toad Lane, and commenced their heroic attempt to stem
the tide of competition and exploitation that threatened to
overwhelm them, by the simple process of uniting in the common
purpose of efficiently doing for themselves, upon a basis of
mutuality and self-help, what had hitherto been inefficiently
done for them at a cost which impoverished their families but
provided wealth for the individual captains of industry and
trade.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;It will be observed, however, that at the time the Pioneers
opened their store in 1844, and, indeed, until 1852, there was
no possibility of their Society being registered as a Co-
operative Society, as its legal existence was only assured
under the authority of a law that provided for mutual
benefits. This fact doubtless accounts for the name given to
their Society, the reason for which has been the subject of
much conjecture on the part of the curious and of students.
There is another point in this connection worth noting,
especially by those who seek in the `Laws and Objects of the
Rochdale Society of Equitable Pioneers' a completed
constitution and the expression of the entire philosophy of
co-operation. Only eight years after their start was the
legislation adopted which gave Co-operation, as an economic
system, legal recognition. The idea of `associated effort' on
the part of the working population, whose first co-operative
manifestation appeared in Great Britain, as early as the third
quarter of the Eighteenth Century, was slowly crystallizing,
not only in the minds of the workers themselves, but also in
those of the politicians, statesmen, and publicists, who were
led in this direction by a choice band of enthusiasts who have
always been recognized as the literary exponents and animators
of the earlier efforts in Co-operation.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;It is, therefore, not to be expected that the Weavers of
Rochdale should produce their whole policy in a night, or even
in a single document. The `Laws and Objects' of the Pioneers
contained the main part of their plan, but it is necessary to
study at least the first ten years of their development to
obtain a comprehensive notion of the system which they
founded. During that period, modifications and definitions of
their plan emerged form their minutes of proceedings; their
practice; and the decisions of their general meetings.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;In this enquiry, the Committee have taken into account only
those things which appeared to them essential and of permanent
value. They have disregarded a number of other elements in the
early History of the Rochdale Pioneers which seemed to have
only a transitory importance.&lt;/p&gt;

&lt;p style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;After careful study of the available facts the Special
Committee have come to the conclusion that the following seven
points may be considered from the historical point of view as
the essential Principles of Rochdale and the characteristics
of the autonomous system founded by the Pioneers, for each of
which justification can be found in the constitution, rules,
and practice of the original society, founded at Rochdale in
1844:&lt;/p&gt;

&lt;ol style=&quot;font-family: yui-tmp;&quot; type=&quot;i&quot;&gt;&lt;li style=&quot;font-family: yui-tmp; color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Open Membership&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Democratic Control&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Dividend on Purchase&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Limited interest on Capital&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Political and Religious Neutrality&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Cash Trading&lt;/li&gt;&lt;li style=&quot;color: rgb(255, 64, 255); font-size: 15px;&quot;&gt;Promotion of Education.&lt;/li&gt;&lt;/ol&gt;</description>
            <pubDate>Tue, 07 Aug 2012 18:59:03 +0100</pubDate>
        </item>
        <item>
            <title>Delhi Co-operative Societies Act 1972</title>
            <link>http://theikdi.yolasite.com/co-operatives/delhi-co-operative-societies-act-1972</link>
            <description>&lt;span style=&quot;font-size: 15px;&quot; tag=&quot;span&quot; class=&quot;yui-tag-span yui-tag&quot;&gt;1. Short title, Extent and Commencement&lt;/span&gt;&lt;ol style=&quot;font-family: yui-tmp;&quot; type=&quot;a&quot;&gt;&lt;li&gt;This Act may be called the Delhi Co-operative Societies Act 1972. &lt;br&gt;  &lt;br&gt;&lt;/li&gt;&lt;li style=&quot;font-size: 14px;&quot;&gt;It extends to the whole of the Union Territory of Delhi.&lt;br&gt;  &lt;br&gt;&lt;/li&gt;&lt;li&gt;It shall come into force on such date as the Lieutenant-Governor may, by notification in the Delhi Gazette, appoint.&lt;br&gt;&lt;/li&gt;&lt;/ol&gt;&lt;span style=&quot;font-size: 14px;&quot; tag=&quot;span&quot; class=&quot;yui-tag-span yui-tag&quot;&gt;2. Definitions&lt;/span&gt;&lt;br style=&quot;font-family: yui-tmp;&quot;&gt;&lt;br style=&quot;font-family: yui-tmp;&quot;&gt;&lt;span style=&quot;font-size: 14px;&quot; tag=&quot;span&quot; class=&quot;yui-tag-span yui-tag&quot;&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; In this Act, unless the context otherwise requires,&lt;/span&gt;&lt;ol style=&quot;font-family: yui-tmp;&quot; type=&quot;a&quot;&gt;&lt;li&gt;Bye-laws means the registered by-laws for the time being in force, and includes registered amendments of such bye-laws.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Committee
 means the governing body of a co-operative society, by what-ever name 
called, to which the management of the affairs of the society is 
entrusted.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Co-operative bank shall have the same meaning as is assigned to it in the Deposit Insurance Corporation Act, 1961.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Co-operative society means society registered or deemed to be registered under this Act.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;Co-operative
 society with limited liability means a co-operative society the 
liability of whose members is limited by its bye-laws to the amount, if 
any unpaid on the shares individually held by them or to such amount as 
they may individually undertake to contribute to the assets of the 
society, in the event of its being wound up.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Co-operative
 society with unlimited liability means a co-operative society the 
liability of whose members is unlimited for the purpose of contributing 
jointly and severally to any deficiency in the assets of the society in 
the event of its being-wound up.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Deposit Insurance 
Corporation means the Deposit Insurance Corporation established under 
section 23 of the Deposit Insurance Corporation Act, 1961.&lt;br&gt; &lt;br&gt;&lt;/li&gt;&lt;li&gt;Federal society means a society.&lt;br&gt;   &lt;br&gt; &lt;/li&gt;&lt;ol type=&quot;i&quot;&gt;&lt;li&gt;Not less than five members of which are themselves societies; and&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;&amp;nbsp;In
 which the voting rights are so regulated that the member which are 
societies have not than four-fifth of the total number of&amp;nbsp;&amp;nbsp; votes&amp;nbsp; in 
the general meeting of such society.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;/ol&gt;&lt;li&gt;Financing 
bank means a co-operative society the objects of which include the 
creation of the funds to be lent to other co-operative 
societies.Lieutenant-Governor means the administrator of the Union 
Territory of Delhi appointed by the President under article 239 of the 
Constitution.&lt;br&gt;     &lt;br&gt; &lt;/li&gt;&lt;li&gt;Member means a person joining in 
the application for the registration of a co-operative society and a 
person admitted to membership after such registration in accordance with
 this Act, the rules and the bye-laws, and includes a nominal and an 
associate member and Central government when it subscribes to the share 
capital of a society.&lt;br&gt;       &lt;br&gt; &lt;/li&gt;&lt;li&gt;Officer mean the 
president, vice-president, chairman, vice-chairman, managing director, 
secretary, manager, member of committee, treasurer, liquidator, 
administrator and includes any other person empowered under the rules or
 the bye-laws to give direction in regard to the business of a 
co-operative society.&lt;br&gt;         &lt;br&gt; &lt;/li&gt;&lt;li&gt;Prescribed means prescribed by rules.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;Registrar
 means a person appointed to perform the functions of the Registrar of 
Co-operative Societies under this Act; and includes any person appointed
 to assist the Registrar when exercising all or any of the powers of the
 Registrar.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;Reserve Bank means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1992.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;Rules means the rules made under this Act.&lt;br&gt; &lt;br&gt; &lt;/li&gt;&lt;li&gt;Tribunal means the Delhi Co-operative Tribunal constituted under section 78.&lt;br&gt; &lt;/li&gt;&lt;/ol&gt;</description>
            <pubDate>Sun, 15 Jul 2012 13:36:46 +0100</pubDate>
        </item>
    </channel>
</rss>
