(1)

ϝೇಷ ªಾಜÍ ಪĦΐೆ

๸ಸൽೕಯ ವ౲ವ๻ರಗำ ಮൡ౨ ๎ಸನ ರಚච ಸ೉฿ಲಯ

ಅඌ๰ಚච

๸ಒ౲: ๸ವ౲๎ಇ 51 ๎ಸನ 2025, ෍ಂಗิฆ, ൽකಂಕ: 12.09.2025

ಕකბಟಕ ๷๻ದბ ಸಹ౽ค (ൟൿ౪ಪല) เඒಯಕ, 2025 ಇದಃౙ 2025ರ ๲දౣಂಬฑ

ൟಂಗಳ 11ඡ ൽකಂಕඈൿ ฃಜ౲ඩಲರ ಒඪ౭ಡ අฉൟൿ౪, ๬෥ನ౲ ൟำವัಃಛಜ

ಇದඝ౬ 2025ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 74 ಎಂ්ർಜ ಕකბಟಕ ฃಜ౲ಪತ౳ದ

เ๕ಷ ๸೉ಃಯย౵ (ූಗ IV) ಪ౳ಕഔಸ෎ಃಂൿ ಆඃ๏ಸมಜං,-

2025 ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 74

(2025 ರ ๲දౣಂಬฑ ൟಂಗಳ 12ඡ ൽකಂಕඈൿ ಕකბಟಕ ฃಜ౲ ಪತ౳ದ เ๕ಷ ๸೉ಃಯย౵ ෮ದฤ ಪ౳ಕಟ฿ಜං)

ಕකბಟಕ ๷๻ದბ ಸಹ౽ค (ൟൿ౪ಪല) ಅඌඛಯಮ, 2025

(2025 ರ ๲දౣಂಬฑ ൟಂಗಳ 11ඡ ൽකಂಕඈൿ ฃಜ౲ඩಲคಂದ ಅඝಮൟಯඝ౬ ಪഷಯมಜං)

ಕකბಟಕ ๷๻ದბ ಸಹ౽ค ಅඌඛಯಮ, 1997ඝ౬ ಮತ౨๠ౣ ൟൿ౪ಪല ෥ಡฤ

ಒಂൿ ಅඌඛಯಮ.

ಇย౵ ಇඝ౬෨ಂං ಉഴ ಬฆವ ಉං౪ೕಶಗัಛಜ, ಕකბಟಕ ๷๻ದბ ಸಹ౽ค

ಅඌඛಯಮ, 1997 (2000ರ ಕකბಟಕ ಅඌඛಯಮ 17)ඝ౬ ಮತ౨๠ౣ ൟൿ౪ಪല ෥ഴโൿ

෷ಕ౨฿ಜฆโದคಂದ;

ಇൿ ූರತ ಗಣฃಜ౲ದ ಎಪ౭൞౨ರඡ ವಷბದย౵ ಕකბಟಕ ฃಜ౲ เඋನ

෱ಡಲൽಂದ ಈ ෨ಂൽඦ൤ ಅඌඛಯ෦ತ฿ಗย:-

1.

๸౾౹ಪ౨ ກಸฆ ಮൡ౨ ඩ౳ฏಭ.- (1) ಈ ಅඌඛಯಮವඝ౬ ಕකბಟಕ

๷๻ದბ ಸಹ౽ค (ൟൿ౪ಪല) ಅඌඛಯಮ, 2025 ಎಂൿ ಕฉಯತಕౙൿ౪.

(2)

ಇൿ ಈ ಁಡศ ೦คಡ ಬರತಕౙൿ౪.

2.

2ඡ ಪ౳ಕರಣದ ൟൿ౪ಪല.- ಕකბಟಕ ๷๻ದბ ಸಹ౽ค ಅඌඛಯಮ, 1997

(2000ರ ಕකბಟಕ ಅඌඛಯಮ 17)ರ (ಇದರย౵ ಇඝ౬෨ಂං ෩ಲ ಅඌඛಯಮๅಂൿ

¨sÁUÀ – 4J

Part – IVA

12

2025

ಪ

21

1947)

BENGALURU, FRIDAY, 12 SEPTEMBER, 2025 BHADRAPADA 21, SHAKAVARSHA 1947)

. 591

No. 591

2

ಉว౵ೕ಍ಸมಜං) 2ඡ ಪ౳ಕರಣದย౵, ಘಡ (็) ඦತರ ಈ ෨ಂൽನ ಘಡವඝ౬

๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(೬ി) “ฃಜ౲ ๎ಸನಬದ౫ ದ౳ವ౲൞ ෦ೕಸฤ” ಎಂದฉ ಅඌඛಯಮದ ಪ౳ಕರಣ

17෈ ರย౵ ඛൽბಷౣಪല๭ඈ൤.”

3. ಪ౳ಕರಣ 17ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ ಪ౳ಕರಣ 17ರย౵ ಎರಡඡ

ಪฏൡಕದ ತฆ฿ಯ ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“ಅಲ౵ං ಪฏൡ, ಪൟ౨ನ ಚഖವഔಃ ನഷ๯ವ ෴โඃ ಸಹ౽ค෷ ൞ඝ

๸ಗ౳๼๭ದ ഩವ൐ಯඝ౬ ๬ಲ ඛೕലಃ ಅಥ฿ ๿ലಃಯ ຄರ൞ಜ ෴โඃ

ಪ൤౨ೕತರ ಚഖವഔಃಡ เඛ෽ೕಜಸತಕౙದ౪ಲ౵”.

4. ຄಸ ಪ౳ಕರಣ 17෈ ನ ๳ಪბഷ.- ෩ಲ ಅඌඛಯಮದ ಪ౳ಕರಣ 17ಎ ತฆ฿ಯ

ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪. ಎಂದฉ:-

“17෈. ฃಜ౲ ๎ಸನಬದ౫ ದ౳ವ౲൞ ෦ೕಸฤ ඛವბಹൕ.- ๷๻ದბ ಸಹ౽ค

෇౲ಂಀಗಳඝ౬ ຄರൡಪല๭, ಪ౳ൟ෽ಂൿ ಸಹ౽ค෷ ಪ౳ൟ ಸಹ౽ค ವಷბದ

ಅಂತ౲ಃౙ ຄಂൽฆವ ಒഖౣ ഩವ൐ಯ ๕.20 ರಷౣඝ౬ ฃಜ౲ ๎ಸನಬದ౫ ದ౳ವ౲൞

෦ೕಸฤ งಪದย౵ ಕറ౥ಯ฿ಜ ಪ౳ಕರಣ 18ฏ൤ ඛವბಹൕ ෥ಡತಕౙൿ౪.”

5. ಪ౳ಕರಣ 18ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 18ඡ ಪ౳ಕರಣಃౙ ಈ

෨ಂൽನದඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪, ಎಂದฉ:-

“18.ඛඌಗಳ ๿ലಃ.- ಸಹ౽คಯ ತౘಣದ ಬಳಃಡ ಅಗತ౲฿ಜರඈಥ ಅದರ

ඛඌಗಳඝ౬ ಅದರ ವ౲ವ๻ರದ ຄರಡ ๿ಡತಕౙൿ౪ ಅಥ฿ ഩವ൐ ಇคಸತಕౙൿ౪,

ಎಂದฉ:-

(ಎ) ಕකბಟಕ ฃಜ౲ ಸಹ౽ರ ಅදಋ౺ ෇౲ಂಋ ඛ. ಅಥ฿ ೧ม౵ ಄ಂದ౳

ಸಹ౽ರ ෇౲ಂಋ ඛ ಅಥ฿ ಪಟౣಣ ಸಹ౽ค ෇౲ಂಋ ; ಮൡ౨

(෈) ค೧๬ౣიฑ ಅವರ ත฿ბඝಮൟ෽ಂൽಡ ූರൟೕಯ คಸํბ ෇౲ಂ౾ನ

ඛ฀ತ౳ಣಆౙಳಪഴವ ෴โඃ ๔വ౲ฯ౥ ෇౲ಂಋ .”;

6. ಪ౳ಕರಣ 20-෈ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ ಪ౳ಕರಣ 20-෈ ರ, ಘಡ (๭)

ರย౵ನ ಉಪ ಘಡ (ii)ರ ತฆ฿ಯ ෨ಂൽನ ಉಪ ಘಡವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

"(iii) ಈ ಅඌඛಯಮ ಅಥ฿ ಅದರല ರ೉๭ದ ಉಪ เඌಗಳย౵ ಏඡ ಒಳತಂലದ౪ง,

෥ಧ౲෦ಕ ಸಹ౽ค, ඾ಡರฯ ಸಹ౽ค ಅಥ฿ ಅදಋ౺ ಸಹ౽คಗಳ ෱ಡยಯ

ೋකವൕಯย౵

෦ೕಸมൟ

๬౩ನಗัಡ,

ಸದค ಸಹ౽คಗಳ

෴โඃ

ಮತർರರ

ವಗბದವฃದง ඛಯ෦ಸಬ๾ർದ เඋನದย౵ ತಮ౱ ಮತಗಳඝ౬ ಚม෵ಸฤ

ಅಹბฃಜರತಕౙൿ౪.”

7. ಪ౳ಕರಣ 23ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ ಪ౳ಕರಣ 23 ರย౵, ಉಪಪ౳ಕರಣ

(3)ರ ಘಡ (ಃ-3) ತฆ฿ಯ ಈ ෨ಂൽನ ಘಡವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(ಃ-4) ಸಹ౽ค෵ಂದ ๬ಲ ಪഷದ ಎಲ౵ ಆಡัತ ෱ಡยಯ ඛඃბಶಕฆ

๻ಟ ಇತฉ ಅಗ౳ ಇಪ౭ൡ౨ ๯๭౨෴ದ ๬ಲಛರರ ඬನคೕౘൕ.”

3

8. ಪ౳ಕರಣ 24ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 24ඡ ಪ౳ಕರಣದ ඩ౳ฏಭದ

ಘലಃ ಮൡ౨ (1)ඡ ಘಡ ๻ಟ ಅದರ ನ෩ൿಗಳವ ಬದยಡ ෨ಂൽನದඝ౬

ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪, ಎಂದฉ:-

“(1)

๷๻ದბ

ಸಹ౽ค

෱ಡย෷

෨ಖ౲

౽ಯბඛ฿ბಹಕನඝ౬

ຄರൡಪല๭ ಹൽ෩ರ౾ౙಂತ ಕല෫ಯಲ౵ದ ಸದಸ౲ರඝ౬ ຄಂൽರತಕౙൿ౪, ಆದฉ

ඛಯ෦ಸಬ๾ർඈ൤ ಸದಸ౲ರ ๸ಒ౲ಯඝ౬ ෦ೕರತಕౙದ౪ಲ౵.

ಪฏൡ, ฃಜ౲ ಸ౽ბರโ ಅඌ๰೉ಸಬ๾ർඈ൤ ಪ౳ൟ෽ಂൿ ඩ౳ಥ෦ಕ,

෥ಧ౲෦ಕ ಅಥ฿ ಒಁౙಟ ಮൡ౨ ಅදಋ౺ ಸಹ౽คಗಳ ๸ಘದ ෱ಡยಯย౵

ಅඝ๰೉ತ ೦ൟಡ ๳คದ ಸದಸ౲ඛಡ ಒಂൿ ๬౩ನವඝ౬ ಮൡ౨ ಅඝ๰೉ತ ඵಗಡಃౙ

๳คದ ಸದಸ౲ඛಡ ಒಂൿ ๬౩ನವඝ౬, ಮ๼ะ ಸದಸ౲คಛಜ ಎರഴ ๬౩ನಗಳඝ౬ ಮൡ౨ ಇತฉ

๼ಂൿัದ ವಗბಗัಡ ๳คದ ಸದಸ౲คಡ ಎರഴ ๬౩ನಗಳඝ౬ ෦ೕಸยಡತಕౙൿ౪.

ಮൡ౨ ಪฏൡ ෥ಧ౲෦ಕ ಅಥ฿ ಒಁౙಟ ಮൡ౨ ๸෷ಕ౨ ಸಹ౽ค ಆಡัತ

෱ಡยಯย౵ ඛඃბಶಕರ ๸ಒ౲ಯ ಗคಷౣ ಪ౳෥ಣโ 24ඡ ಪ౳ಕರಣದ (1)ඡ

ಉಪಪ౳ಕರಣದย౵

ඛಗൽಪല๭ದ

ಪ౳෥ಣ౾ౙಂತ

ກ೉౞ನ

๸ಒ౲ಯย౵

ಅಗತ౲෈ದ౪ฉ,

ค೧๬ౣიರರ ත฿ბඝ෮ೕದච෽ಂൽಡ ಗคಷౣ ๸ಒ౲ಯඝ౬ ಆ෴ ಸಹ౽คಗำ ತಮ౱

ಉಪเඌಗಳย౵ ඛൽბಷౣಪലಸಬ๾ർඈಥ คೕൟಯย౵ ඛಗൽಪല๭ಆಳ౶ತಕౙൿ౪.

ಅಲ౵ඃ ಪฏൡ, ಪ౳ൟ෽ಂൿ ಸಹ౽ค෷ ෇౲ಂ౾ಂ಩, ವ౲ವ๬౩ಪච, ಹಣ౽๯

ඛವბಹൕಯ ಃ౹ೕತ౳ದย౵ ಅඝಭವเฆವ ಅಥ฿ ಸಹ౽ค෷ ಅತಂಡ ಚഖವഔಃಗัಡ

ಮൡ౨ ಉං౪ೕಶಗัಡ ๸ීඌ๭ದ ಇತฉ ෴โඃ ಃ౹ೕತ౳ದย౵ ಪค൐ൟಯඝ౬ ຄಂൽฆವ

ವ౲౾౨ಗಳඝ౬, ಅಂಥ ಸಹ౽คಯ ෱ಡยಯ ಸದಸ౲ರක౬ಜ ಸಹಮತൽಂದ (ಆೕಆභౣ)

๳ค๭ಆಳ౶ತಕౙൿ౪, ๻ಡ ಸಹಮತൽಂದ ๳ค๭ಆಂಡ ಅಂಥ ಸಹಮತದ ಸದಸ౲ฆ

ಸಹ౽คಯ ෴โඃ ೋකವൕಯย౵ ಮತ ඛೕഴವ ಹಀౙโಳ౶ವฃಜರತಕౙದ౪ಲ౵ ಅಥ฿

෱ಡยಯ ಪർඌ౽คಗะಜ ೋක෵ತฃಗฤ ಅಹბฃಜರತಕౙದ౪ಲ౵.

ಅಲ౵ඃ ಪฏൡ, ๻ಡ ಸಹಮತൽಂದ ๳ค๭ಆಂಡ ಸದಸ౲ರ ๸ಒ౲෷ (1)ඡ

ಉಪಪ౳ಕರಣದย౵

ඛൽბಷౣಪല๭ದ

ಗคಷౣ

๸ಒ౲ಯ

ඛඃბಶಕคಡ

ກೋ౞ವค෴ಜ

ಇಬ౯ರඝ౬ ෦ೕರತಕౙದ౪ಲ౵:

ಅಲ౵ඃ

ಪฏൡ,

ಒಂൿ

ಸಹ౽ค෷

ಅವಶ౲เದ౪ย౵

෩ರಃౙ

෦ೕರದ

౽෴ბඝಞಣ ඛඃბಶಕฆ (functional directors) ಸಹ ෱ಡยಯ ಸದಸ౲ฃಜರತಕౙൿ౪,

๻ಟ (1)ඡ ಉಪಪ౳ಕರಣದย౵ ඛൽბಷౣಪല๭ದ ಒഖౣ ඛඃბಶಕರ ๸ಒ౲ಯඝ౬

ಎ൐๯฿ಗ ಅಂಥ ඛඃბಶಕರඝ౬ ຄರൡಪലಸತಕౙൿ౪.”

9. ಪ౳ಕರಣ 25ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 25ඡ ಪ౳ಕರಣದย౵ ಉಪ-ಪ౳ಕರಣ

(1) ರ ಘಡ (ಎෆ) ತฆ฿ಯ ෨ಂൽನ ຄಸ ಘಡವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(೧)

ಪ౳ൟ

ಸಹ౽ค

ವಷბದ

ಅಂತ౲ಃౙ

ಅವඝ/ಅವำ

ಮൡ౨

ಅವನ/ಅವಳ

ಀഖಂಬದವರ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳ เವರൕ ಪഔౣಯඝ౬ ಳೕ๞ಸฤ ಅಥ฿

ಸย౵ಸฤ เಫಲ฿ದฉ;

เವರൕ.- ಈ ಘಡದ ಉඃಶ౽ౙಜ ’ಀഖಂಬ’ ಎಂದฉ ඛඃბಶಕ ಮൡ౨ ಅವನ/ಅವಳ

ಪൟ/ಪൟ౬, ಅเ฿๼ತ ಮಗำ ಮൡ౨ ಅเಭಕ౨ ಮಗ. ”

4

10. ಪ౳ಕರಣ 26ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ, 26ඡ ಪ౳ಕರಣದย౵,-

(i) ಉಪ-ಪ౳ಕರಣ (1) ರ ತฆ฿ಯ ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(1ಎ) ෱ಡยಯ ೋකವൕಡ ಸ౭ඌბ๯ವ ಪ౳ൟ෽ಬ౯ ಅಭ౲൮ბ෷ කಮಪತ౳

ಸย౵๯฿ಗ ඛಯ෦ಸಬ๾ർದ

เඋನದย౵ ಅವඝ/ಅವำ ಮൡ౨

ಅವನ/ಅವಳ

ಀഖಂಬದ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳ ಳೕಷൕಯඝ౬ ಸย౵ಸತಕౙൿ౪.

“(1෈) ෱ಡยಯ ಪ౳ൟ෽ಬ౯ ೋක෵ತ ඛඃბಶಕ ಆತನ ಅඌ౽ฃವඌಯ ಪ౳ൟ

ಹಣ౽๯ ವಷბದ ಅಂತ౲ಃౙ ඛಯ෦ಸಬ๾ർದ เඋನದย౵ ಅವඝ/ಅವำ ಮൡ౨

ಅವನ/ಅವಳ ಀഖಂಬದ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳ ಳೕಷൕಯඝ౬ ಸย౵ಸತಕౙൿ౪.

เವರൕ.- ಈ ಘಡದ ಉං౪ೕಶ౽ౙಜ ’ಀഖಂಬ’ ಎಂದฉ ಅಭ౲൮ბ, ಅವನ/ಅವಳ

ಪൟ౬/ಪൟ, ಅเ฿๼ತ ಮಗำ ಮൡ౨ ಅเಭಕ౨ ಮಗ.”

(ii) ಉಪಪ౳ಕರಣ (2) ರ ಬದยಡ ෨ಂൽನದඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪, ಎಂದฉ:-

“(2) ಈ ಅඌඛಯಮದ ಉಪීಧಗัತಳಪഖౣ, ๷๻ದბ ಸಹ౽ค ๸ಘಗಳ

ೋකವൕಗಳඝ౬ ನഷ๯ವ ౽ಯბเඋನ ಮൡ౨ ෥ಗბ๰೉ಗำ ಸಹ౽ค ೋකವ൏

ඩ౳ඌ౽ರโ ඛಯ෦ಸಬ๾ർඈ൤ ಇರತಕౙൿ౪”.

11. ಪ౳ಕರಣ 27ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 27ඡ ಪ౳ಕರಣದ ಘಡ (೬) ನ

ತฆ฿ಯ ಈ ෨ಂൽನ ಘಡಗะದ (ಃ), (ಎฯ) ಮൡ౨ (ಎෳ) ಅඝ౬ ๳คಸತಕౙൿ౪,

ಎಂದฉ:-

“(ಃ) ෱ಡยಯ ಪ౳ൟ෽ಬ౯ ೋක෵ತ ඛඃბಶಕฆ ತಮ౱ ಅඌ౽ฃವඌಯ

ಪ౳ൟ ಹಣ౽๯ ವಷბ ඛಯ෦ಸಬ๾ർದ เඋನದย౵ ಅವඝ/ಅವำ ಮൡ౨

ಅವನ/ಅವಳ ಀഖಂಬದ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳ ಳೕಷൕಯඝ౬ ಸย౵ಸತಕౙൿ౪;

(ಎฯ) ๷๻ದბ ಸಹ౽ค ๸ಘದ ෨ಖ౲ ౽ಯბඛ฿ბಹಕನ ಆ๭౨ ಮൡ౨

ຄൕಛคಃಗಳඝ౬ ಪഷ෷โൿ ಮൡ౨ ಪฃಮ๏ბ๯โൿ;

(ಎෳ) ෨ಖ౲ ౽ಯბඛ฿ბಹಕฆ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳඝ౬ ಸย౵ಸฤ

เಫಲ฿ದย౵ ಆಡัತ ෱ಡย෷ ඛಯ෦ಸಬ๾ർಂಥ เඋನದย౵ ๏๯౨ಕ౳ಮ

ಅತಳ౶ತಕౙൿ౪;

เವರൕ.- ಈ ಘಡದ ಉං౪ೕಶ౽ౙಜ ’ಀഖಂಬ’ ಎಂದฉ ಅಭ౲൮ბ/ ෨ಖ౲

౽ಯბඛ฿ბಹಕ ಅඌ౽ค/ඛඃბಶಕ ಮൡ౨ ಅವನ/ಅವಳ ಪൟ౬ / ಪൟ, ಅเ฿๼ತ

ಮಗำ ಮൡ౨ ಅเಭಕ౨ ಮಗ.”

12. ಪ౳ಕರಣ 28ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ, 28ඡ ಪ౳ಕರಣದย౵,-

(i) (1)ඡ ಉಪಪ౳ಕರಣದ ಬದยಡ ಈ ෨ಂൽನದඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪, ಎಂದฉ:-

“(1) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ෱ಡยಯ ರಚච෴ದ ൽකಂಕൽಂದ ಅಥ฿

๬෥ನ౲

ೋකವൕಯ

ඦತರ

෱ಡย෷

ರಚච෴ಜං෺ಂൿ

ූเಸมದ

ൽකಂಕൽಂದ ಹൽජൿ ൽನಗูಳಛಜ, ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ , ಉඩಧ౲ౘ ಅಥ฿

ಉಪ೏ฑ ಪಸბඨ ಪർವඌ෷ ෨౽౨ಯ฿ಞವ ඛಕಟ තವბದย౵, ತౘಣๆ ಸಹ౽ค

๸ಘಗಳ ಉಪเඌಗಳ ෬ฉಡ ೋක෵ಸ෎౽ದ ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ , ಉඩಧ౲ౘ

ಅಥ฿ ಉಪ೏ฑ ಪಸბඨ ಮൡ౨ ಅಗತ౲ಪലಸมඈಥ ಇತರ ಪർඌ౽คಗಳඝ౬ ಆ෺ౙ

෥ഴವ ಉං౪ೕಶ౽ౙಜ ඛಯ෦ಸಬ๾ർದ เඋನย౵ ෱ಡยಯ ಎม౵ ಸದಸ౲ರ

5

ಸොಯඝ౬

ಕฉಯತಕౙൿ౪.

ಅಧ౲ౘ

ಅಥ฿

೏ฑ ಪಸბඨ ,

ಉඩಧ౲ౘ

ಅಥ฿

ಉಪ೏ฑ ಪಸბඨ ೋකವൕಛಜ ಅಭ౲൮ბ෴ಜರದ ಸದಸ౲ರย౵ ಒಬ౯ರඝ౬ ಅಂಥ ಸොಯ

ಅಧ౲ౘ൤ ವ๼๯โದಃౙ ಆ෺ౙ ෥ಡತಕౙൿ౪:

ಪฏൡ ಸಹ౽คಯ ඣೕಂದ൐ಯ ತฆ฿ಯ ನഷದ ෮ದಲ ๬෥ನ౲ ಸොಯย౵

ೋක෵ತฃದ ಪ౳ಥಮ ෱ಡยಯ ಸದಸ౲ฆ ඛಯ෦ಸಬ๾ർඈಥ คೕൟಯย౵ ಅಧ౲ౘ

ಅಥ฿

೏ฑ ಪಸბඨ ,

ಉඩಧ౲ౘ

ಅಥ฿

ಉಪ೏ฑ ಪಸბඨ

ಮൡ౨

ಇತฉ

ಪർඌ౽คಗಳඝ౬ ಆ෺ౙ ෥ಡತಕౙൿ౪.

(2) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ, ಉඩಧ౲ౘ ಅಥ฿

ಉಪ ೏ฑ ಪಸბඨ ಅಥ฿ ಇತರ ಪർඌ౽คಗಳ ಪದโ ಆಕ๭౱ಕ฿ಜ ಌย෴ർಗวม౵,

ಅಂಥ ಆಕ๭౱ಕ ಌย๬౩ನವඝ౬ ಭൟბ෥ഴವ ಉං౪ೕಶ౽ౙಜ ෱ಡยಯ ಸದಸ౲ರ

ಸොಯඝ౬

ಕฉಯತಕౙൿ౪

ಮൡ౨

ಉಪಪ౳ಕರಣ

(1)ರ

ಉಪීಧಗำ

ಯ൶ೕ೉ತ

ವ౲൞౲ಸಗูಂൽಡ ಅನ౷ಯ฿ಗತಕౙൿ౪.

(3) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ, ಸොಯ ൽකಂಕൽಂದ ෩ฆ ൽನಗಳ ಒಳಛಜ ಸො

ಕฉ෷ವ ඣೕഔೕ๭ನ ಒಂൿ ಪ౳ൟಯඝ౬ ๻ಟ ಸොಯ ನറವัಗಳ ಒಂൿ ಪ౳ൟಯඝ౬

ಸಹ ค೧๬ౣიರคಡ ๻ಟ ಸಹ౽ค ೋකವ൏ ඩ౳ඌ౽ರಃౙ ಕำ๼ಸತಕౙൿ౪.

(4) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ಉಪಪ౳ಕರಣ (1) ಮൡ౨ (2)ರ ಅඝ๬ರ฿ಜ ಸො

ಕฉಯฤ เಫಲ฿ದฉ ಸಹ౽ค ೋකವ൏ ඩ౳ඌ౽ರ ಅಥ฿ ಸොಯඝ౬ ಕฉಯฤ ಅದರ

෩ಲಕ

ಅඌಂತತั๭ದ

෴ช

ಅඌ౽ค෷

ಸದค

ಉಪಪ౳ಕರಣಗಳย౵

ඛൽბಷౣಪലಸมದ ಉං౪ೕಶಗัಛಜ ಸොಯඝ౬ ಕฉಯತಕౙൿ౪.”

(ii) ๻ಡ ಪ౳ൟ෽ೕ೧ಸมದ ಉಪಪ౳ಕರಣ (1), (2), (3) ಮൡ౨ (4)ರ ತฆ฿ಯ

ಅ๭౨ತ౷ದย౵ฆವ ಉಪಪ౳ಕರಣಗะದ (2) ಮൡ౨ (3)ඝ౬ ಉಪಪ౳ಕರಣ (5) ಮൡ౨ (6)ಗึಂൿ

ಮฆ๸ಒ౲ ඛೕಡತಕౙൿ౪.

13. ಪ౳ಕರಣ 29ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 29ඡ ಪ౳ಕರಣದย౵,-

(i) “ಭൟბ ෥ലಆಳ౶ಬ๾ൿ” ಎಂಬ ಪದಗಳ ಬದมಜ “ಭൟბ ෥ಡತಕౙൿ౪”

ಎಂಬ ಪದಗಳඝ౬ ಪ౳ൟ෽ೕ೧ಸತಕౙൿ౪;

(ii) “෱ಡย෷ ತನ౬ ෩ಲ ಪർವඌಯ ಅಧბದಷౣ౾ౙಂತ ಕല෫ ಉัൽർ౪ಗ

෥ತ౳,” ಎಂಬ ಪದಗำ ಮൡ౨ ಅಲ౭เฃಮ ೉ກ౬ಯඝ౬ ෈ഖౣ෈ಡತಕౙൿ౪.

14. ಪ౳ಕರಣ 31ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 31 ඡ ಪ౳ಕರಣದ ಉಪಪ౳ಕರಣ

(2) ರ ಘಡ (ಐ-6) ರ ತฆ฿ಯ ಈ ෨ಂൽನ (ಐ-7) ಅඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(ಐ-7) ಪ౳ൟ ಆ൮ბಕ ವಷბದ ಅಂತ౲ಃౙ ಅವඝ/ಅವำ ಮൡ౨ ಅವಳ/ಅವನ

ಀഖಂಬದವರ

ಆ๭౨

ಮൡ౨

ຄൕಛคಃಗಳ

ಳೕಷൕಯඝ౬

ಸย౵ಸฤ

เಫಲฃದ౪ย౵.

เವರൕ.- ಈ ಘಡದ ಉං౪ೕಶ౽ౙಜ ’ಀഖಂಬ’ ಎಂದฉ ෨ಖ౲ ౽ಯბඛ฿ბಹಕ

ಅඌ౽ค ಮൡ౨ ಅವನ/ಅವಳ ಪൟ౬/ಪൟ, ಅเ฿๼ತ ಮಗำ ಮൡ౨ ಅเಭಕ౨ ಮಗ.”

6

15. ಪ౳ಕರಣ 33ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 33ඡ ಪ౳ಕರಣದย౵ (1)ඡ ಉಪ

ಪ౳ಕರಣದ ತฆ฿ಯ ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(1ಎ) ಉಪಪ౳ಕರಣ (1)ರย౵ ಏඡ ಒಳತಂലದ౪ง, ಅಬბඨ ಆೕ ಅಪชഔํ

෇౲ಂಀಗಳඝ౬

ຄರൡಪല๭,

ಪ౳ൟ෽ಂൿ

ಸಹ౽ค෷

ಸಹ౽ค

วಕౙ

ಪค๗ೕಧක ඛඃბಶಕคಂದ ෩ฆ ವಷბಗಳย౵ ಒಂൿ ෇ค ತನ౬ วಕౙಪತ౳ಗಳ

วಕౙಪค๗ೕಧචಯඝ౬ ෥ലಸತಕౙൿ౪.”

16. ಪ౳ಕರಣ 38ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 38ඡ ಪ౳ಕರಣದย౵ನ (1)ඡ ಉಪ

ಪ౳ಕರಣದ ಎರಡඡ ಪฏൡಕವඝ౬ ෈ഖౣ෈ಡತಕౙൿ౪.

17. ಪ౳ಕರಣ 38ಎ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 38ಎ ಪ౳ಕರಣದย౵ನ, (4)ඡ ಉಪ

ಪ౳ಕರಣದ ඦತರ ಈ ෨ಂൽನ ಉಪ-ಪ౳ಕರಣವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(5) ಪ౳ಕರಣ 48ರ ಉಪ-ಪ౳ಕರಣ (6ಎ) ರലಯย౵ ಉಪීඌಸมඈ൤ ๷๻ದბ

ಸಹ౽ค

๸ಘದ

ೋකವൕಯඝ౬

ನഷಸฤ

๸෷ಕ౨

ಸಹ౽ค෷ ಒಬ౯

เ๕๝ඌ౽คಯඝ౬ ඡ෦ಸತಕౙൿ౪.”

18. ಪ౳ಕರಣ 48ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 48ඡ ಪ౳ಕರಣದย౵ನ (6)ඡ ಉಪ

ಪ౳ಕರಣದ ತฆ฿ಯ ಈ ෨ಂൽನ ಉಪ-ಪ౳ಕರಣವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(6ಎ) ค೧๬ౣიฑ ඝ ๷๻ದბ ಸಹ౽ค ๸ಘದ ಸ෥ಪචಯ ಆඃಶವඝ౬

ರൿ౪ಪല๯ವ ಆඃಶವඝ౬ ຄರല๭ದ ඦತರ ඾ಡರฯ ಸಹ౽ค෷ ಸಹ౽ರ

๸ಘದ ೋකವൕಯඝ౬ ನഷಸฤ ಒಬ౯ เ๕๝ඌ౽คಯඝ౬ ඡ෦ಸತಕౙൿ౪.”

19. ಪ౳ಕರಣ 53ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 53ඡ ಪ౳ಕರಣದ, (7)ඡ

ಉಪಪ౳ಕರಣದ ಘಡ (෷) ರ ತฆ฿ಯ ಈ ෨ಂൽನ ಘಡಗಳඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(เ) ๷๻ದბ ಸಹ౽คಯ ಆಡัತ ෱ಡยಯ ඛඃბಶಕฆ ಅಥ฿ ඥಕರฆ

෴โඃ ಅಕ౳ಮ ಅಥ฿ ൿเბඛ෽ೕಗ ಅಥ฿ ๋ಚච ෥ലฆโൿ ಪ౳ಕರಣ

33 ಅಥ฿ 35 ಅಥ฿ ಪ౳ಕರಣ 53ರ ಉಪಪ౳ಕರಣ (7)ರ ಘಡ (෷) ರല ඛೕലದ

ವರൽಯย౵ ಉഴීದฉ ඾ಡರฯ ๷๻ದბ ಸಹ౽ค෷ ಸದค ವರൽಯย౵

ಒಳತಂലฆವ ವ౲౾౨ಯ เฆದ౫ ౾౳෦ನฯ ෮ಕದ౪෫ಯඝ౬ ๿ಡತಕౙൿ౪;

(ಡ෋౵౲) ಸದಸ౲ ಸಹ౽คಗಳ ౽ಯბඛವბಹൕಡ ๸ීඌ๭ ಈ ಅඌඛಯಮ

ಮൡ౨ ಅದರല ರ೉๭ದ ඛಯಮಗಳ ಉಪීಧಗಳല ๯൧౨ೕวಗำ/ඛඃბಶನಗಳඝ౬

ຄರലಸತಕౙൿ౪.”

20. ಪ౳ಕರಣ 54ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 54ඡ ಪ౳ಕರಣದ (2)ඡ

ಉಪಪ౳ಕರಣದย౵ನ ෩ರඡ ಪฏൡಕದ ತฆ฿ಯ ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪,

ಎಂದฉ:-

“(2-ಎ) ෱ಡยಯย౵ ಗคಷ౤ ಸದಸ౲ರ ๸ಒ౲ ಮൡ౨ ๬౩ನಗಳ ෦ೕಸมൟಡ

๸ීඌ๭ದ 24ඡ ಪ౳ಕರಣದ ಉಪීಧಗำ ಯ൶ೕ೉ತ ವ౲൞౲ಸಗูಂൽಡ

඾ಡರฯ ಸಹ౽คಡ ಅನ౷ಯ฿ಗತಕౙൿ౪.”

7

21. ಪ౳ಕರಣ 55ರ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ 55ඡ ಪ౳ಕರಣದ (2)ඡ

ಉಪಪ౳ಕರಣದ ಘಡ (ಇ) ತฆ฿ಯ ಈ ෨ಂൽನ ಘಡವඝ౬ ๳คಸತಕౙൿ౪, ಎಂದฉ:-

“(ಎෆ) ಪ౳ൟ ಆ൮ბಕ ವಷბದ ಅಂತ౲ಃౙ ಅವඝ/ಅವำ ಮൡ౨ ಅವಳ/ಅವನ

ಀഖಂಬದವರ ಆ๭౨ ಮൡ౨ ຄൕಛคಃಗಳ ಳೕಷൕಯඝ౬ ಸย౵ಸฤ เಫಲ฿ದฉ;

เವರൕ.- ಈ ಘಡದ ಉං౪ೕಶ౽ౙಜ ’ಀ

ಂಬ’ ಎಂದฉ ``ඛඃბಶಕ ಅವನ/ಅವಳ

ಪൟ౬/ಪൟ, ಅเ฿๼ತ ಮಗำ ಮൡ౨ ಅเಭಕ౨ ಮಗ.”

22. 58ඡ ಪ౳ಕರಣದ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ, 58ඡ ಪ౳ಕರಣದ,-

(i) (1)ඡ ಉಪ ಪ౳ಕರಣದย౵ನ “ಮൡ౨ ಪർඌ౽คಗಳ ಪದಃౙ” ಎಂಬ ಪದಗಳඝ౬

෈ഖౣ෈ಡತಕౙൿ౪.

(ii) (4)ඡ ಉಪ ಪ౳ಕರಣದ ತฆ฿ಯ ಈ ෨ಂൽನದඝ౬ ๳คಸತಕౙൿ౪,

ಎಂದฉ:-

“(5) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ෱ಡย෷ ರಚච෴ದ ൽකಂಕൽಂದ ಅಥ฿

๬෥ನ౲

ೋකವൕಯ

ඦತರ

෱ಡย෷

ರಚච෴ಜං෺ಂൿ

ූเಸมದ

ൽකಂಕൽಂದ ಹൽජൿ ൽನಗูಳಛಜ, ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ , ಉඩಧ౲ౘ ಅಥ฿

ಉಪ೏ฑ ಪಸბඨ ಪർವඌ෷ ෨౽౨ಯ฿ಞವ ඛಕಟ තವბದย౵, ತౘಣๆ ಸಹ౽ರ

๸ಘಗಳ ಉಪเඌಗಳ ෬ฉಡ ೋක෵ಸ෎౽ದ ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ , ಉඩಧ౲ౘ

ಅಥ฿ ಉಪ೏ฑ ಪಸბඨ ಮൡ౨ ಅಗತ౲ಪലಸมඈಥ ಇತರ ಪർඌ౽คಗಳඝ౬ ಆ෺ౙ

෥ഴವ ಉං౪ೕಶ౽ౙಜ ඛಯ෦๭ದ คೕൟಯย౵ ෱ಡยಯ ಎม౵ ಸದಸ౲ರ ಸොಯඝ౬

ಕฉಯತಕౙൿ౪. ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ , ಉඩಧ౲ౘ ಅಥ฿ ಉಪ೏ฑ ಪಸბඨ

ೋකವൕಛಜ

ಅಭ౲൮ბ෴ಜರದ

ಸದಸ౲ರย౵

ಒಬ౯ರඝ౬

ಅಂಥ

ಸොಯ

ಅಧ౲ౘ൤

ವ๼๯โದಃౙ ಆ෺ౙ ෥ಡತಕౙൿ౪:

ಪฏൡ ಸಹ౽คಯ ඣೕಂದ൐ಯ ತฆ฿ಯ ನഷದ ෮ದಲ ๬෥ನ౲ ಸොಯย౵

ೋක෵ತฃದ ಪ౳ಥಮ ෱ಡยಯ ಸದಸ౲ฆ ඛಯ෦ಸಬ๾ർඈಥ คೕൟಯย౵ ಅಧ౲ౘ

ಅಥ฿

೏ฑ ಪಸბඨ ,

ಉඩಧ౲ౘ

ಅಥ฿

ಉಪ೏ฑ ಪಸბඨ

ಮൡ౨

ಇತฉ

ಪർඌ౽คಗಳඝ౬ ಆ෺ౙ ෥ಡತಕౙൿ౪.

(6) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ಅಧ౲ౘ ಅಥ฿ ೏ฑ ಪಸბඨ, ಉඩಧ౲ౘ ಅಥ฿

ಉಪ ೏ฑ ಪಸბඨ ಅಥ฿ ಇತರ ಪർඌ౽คಗಳ ಪದโ ಆಕ๭౱ಕ฿ಜ ಌย෴ർಗวม౵,

ಅಂಥ ಆಕ๭౱ಕ ಌย๬౩ನವඝ౬ ಭൟბ෥ഴವ ಉං౪ೕಶ౽ౙಜ ෱ಡยಯ ಸದಸ౲ರ

ಸොಯඝ౬

ಕฉಯತಕౙൿ౪

ಮൡ౨

ಉಪಪ౳ಕರಣ

(5)ರ

ಉಪීಧಗำ

ಯ൶ೕ೉ತ

ವ౲൞౲ಸಗูಂൽಡ ಅನ౷ಯ฿ಗತಕౙൿ౪.

(7) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ, ಸොಯ ൽකಂಕൽಂದ ෩ฆ ൽನಗಳ ಒಳಛಜ ಸො

ಕฉ෷ವ ඣೕഔೕ๭ನ ಒಂൿ ಪ౳ൟಯඝ౬ ๻ಟ ಸොಯ ನറವัಗಳ ಒಂൿ ಪ౳ൟಯඝ౬

ಸಹ ค೧๬ౣიರคಡ ๻ಟ ಸಹ౽ค ೋකವ൏ ඩ౳ඌ౽ರಃౙ ಕำ๼ಸತಕౙൿ౪.

(8) ෨ಖ౲ ౽ಯბඛ฿ბಹಕඝ ಉಪಪ౳ಕರಣ (5) ಮൡ౨ (6)ರ ಅඝ๬ರ฿ಜ ಸො

ಕฉಯฤ เಫಲ฿ದฉ ಸಹ౽ค ೋකವ൏ ඩ౳ඌ౽ರ ಅಥ฿ ಸොಯඝ౬ ಕฉಯฤ ಅದರ

8

෩ಲಕ

ಅඌಂತತั๭ದ

෴ช

ಅඌ౽ค෷

ಸದค

ಉಪಪ౳ಕರಣಗಳย౵

ඛൽბಷౣಪലಸมದ ಉං౪ೕಶಗัಛಜ ಸොಯඝ౬ ಕฉಯತಕౙൿ౪.”

23. 59ඡ ಪ౳ಕರಣದ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ, 59ඡ ಪ౳ಕರಣದย౵ನ

ಪฏൡಕವඝ౬ ෈ഖౣ෈ಡತಕౙൿ౪.

24. 60ඡ ಪ౳ಕರಣದ ൟൿ౪ಪല.- ෩ಲ ಅඌඛಯಮದ, 60ඡ ಪ౳ಕರಣದย౵ನ

ಉಪಪ౳ಕರಣ (3ಎ) ರย౵ನ “๕ಕറ ಇಪ౭ತ౨౾ౙಂತ ಕല෫ ಇರತಕౙದ౪ಲ౵” ಎಂಬ ಪದಗಳ ಬದยಡ

“ ๕ಕറ ಹತ౨౾ౙಂತ ಕല෫෵ಲ౵ದ ಅಥ฿ ಒಂൿ ๬เರ ෴โൿ ಕല෫෽ೕ ಅൿ”

ಎಂಬ ಪದಗಳඝ౬ ಪ౳ൟ෽ೕ೧ಸಕౙൿ౪.

ಕකბಟಕ ฃಜ౲ඩಲರ ಆඃ๎ඝ๬ರ

ಮൡ౨ ಅವರ ກಸคನย౵,

೧. ๏౳ೕಧฑ

ಸ౽ბರದ ౽ಯბದ๏ბ,

๸ಸൽೕಯ ವ౲ವ๻ರಗำ ಮൡ౨

๎ಸನ ರಚච ಇมಒ.

PARLIAMENTARY AFFAIRS AND LEGISLATION SECRETARIAT

NOTIFICATION

NO.DPAL 51 SHASHANA 2025, BENGALURU, DATED:12.09.2025

ූರತ ๸เඋನದ ಅඝ೎౟ೕಧ 348ರ ಘಡ (3)ರ ಅലಯย౵ ฃಜ౲ඩಲคಂದ

ಅඌಂತತั๭ದ ಕකბಟಕ ๷๻ದბ ಸಹ౽ค (ൟൿ౪ಪല) ಅඌඛಯಮ, 2025 (2025 ರ

ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲:74) ರ ූ๝ಂತರವඝ౬ ಅඌಂತ ಆಂಗ౵ ಪಠ౲ๅಂൿ ಕකბಟಕ

ฃಜ౲ಪತ౳ದ เ๕ಷ ๸೉ಃಯย౵ (ූಗ IV-A) ಪ౳ಕഔಸ෎ಃಂൿ ಆඃ๏ಸมಜං,-

KARNATAKA ACT NO.74 OF 2025

(First Published in the Karnataka Gazette Extra-ordinary on the 12th day of September, 2025)

THE KARNATAKA SOUHARDA SAHAKARI (AMENDMENT) ACT, 2025

(Received the assent of the Governor on the 11th day of September, 2025)

An Act further to amend the Karnataka Souharda Sahakari Act, 1997.

Whereas, it is expedient further to amend the Karnataka Souharda Sahakari

Act, 1997 (Karnataka Act 17 of 2000) for the purposes hereinafter appearing.

Be it enacted by the Karnataka State legislature in the seventy sixth year of

the republic of India, as follows:-

9

1. Short title and Commencement.- (1) This Act may be called the

Karnataka Souharda Sahakari (Amendment) Act, 2025.

(2) It shall come into force at once.

2. Amendment of section 2.- In the Karnataka Souharda Sahakari Act,

1997 (Karnataka Act 17 of 2000) (hereinafter referred to as the Principal Act) in

section 2, after clause (y),the following shall be inserted, namely:-

“(z) “State Statutory Liquidity Reserve” means as specified in section 17B.”

3. Amendment of section 17.- In the Principal Act, in section 17, after

second proviso, the following shall be inserted, namely:-

“Provided also that no Souharda Co-operative societies undertaking credit

activities shall not utilize the mobilized deposit for non-credit activities other

than lending and investments.”

4. Insertion of new section 17-B.- In the Principal Act, after section 17A,

the following shall be inserted, namely:-

“17-B. Maintenance of State Statutory Liquidity Reserve.- Every souharda

cooperative shall mandatorily maintain 20% of the total deposits held by it at the

end of each co-operative year maintained as State Statutory Liquidity reserve as

per section 18, except Souharda Cooperative Banks.”

5. Substitution of section 18.- In the Principal Act, for section 18, the

following shall be substituted, namely:-

“18. Investment of Funds.- Such of its funds as are not immediately

required for use by a co-operative, shall be invested or deposited outside its

business, namely:-

(a) With the Karnataka State Co-operative Apex Bank Ltd. or District

Central Co-operative Bank Ltd or Urban Co-operative Bank; and

(b) With any scheduled bank regulated by the Reserve Bank of India with

the prior permission of the Registrar.”

6. Amendment of section 20B.- In the Principal Act, in section 20B, in

clause (c), after sub-clause (ii), the following sub-clause shall be inserted, namely:-

“(iii) Notwithstanding anything contained in this Act or Bye-laws made

thereunder, in the Election of the Board of Secondary Co-operative or Federal

Co-operative or Apex Co-operative to the reserved seats, irrespective of any class

of voters of the said Cooperatives they shall be entitled to exercise their votes,

in the manner as may be prescribed.”

7. Amendment of section 23.- In the Principal Act, in section 23, in

sub section (3), after clause (k-3) the following clause shall be inserted, namely:-

“(k-4) Review of the list of board of directors who have borrowed loans

from the cooperative and other top twenty defaulting borrowers.”

8. Amendment of section 24.- In the Principal Act, in section 24, for

the beginning paragraph and clause (1) and the entries relating thereto, the

following shall be substituted, namely:-

10

“ (1) The Board of Souharda Co-operative Society shall consists of not less

than thirteen members excluding the Chief Executive, but not exceeding the

number of members as may be prescribed;

Provided that, one seat shall be reserved in favour of members belonging to

the scheduled castes and one seat for the members belonging to the scheduled

tribes, two seats shall be reserved in favour of women members and two seats shall

be reserved in favour of members belonging to backward classes as may be notified

by the State Government, on the board of every primary, secondary or union and

apex co-operative society.

Provided further that, respective Co-operative shall make provisions in the

bye-laws with previous approval of the Registrar to increase the number of seats in

the Board of secondary or union and apex co-operative society if their number of

board of directors exceeds the limit as specified in sub-section (1).

Provided also that, every co-operative shall co-opt persons having experience

in the field of banking, management, finance or specialization in any other field

relating to the objects and activities undertaken by the co-operative, as members

of the board of such co-operative and such co-opted members shall not have the

right to vote in any election of the co-operative in their capacity as such member

or to be eligible to be elected as office bearers of the board.

Provided also that, the number of such co-opted members shall not exceed

two in addition to maximum number of directors specified in sub-section (1).

Provided also that, not more than three functional directors if necessary of a

cooperative shall also be the members of the board and such members shall be

excluded for the purpose of counting the total number of directors specified in the

sub-section (1).”

9. Amendment of section 25.- In the Principal Act, in section 25, in sub

section (1), after clause (f), the following new clause shall be inserted, namely:-

“(g) If he/she fails to declare and submit his/her family assets and

liabilities statement by end of every cooperative year.

Explanation- For the purpose of this clause “family” means “Director and

his/her spouse, unmarried daughter and undivided son.”

10. Amendment of section 26.- In the Principal Act, in section 26,-

(i) after sub-section (1), the following shall be inserted, namely:-

“(1A) Every candidate contesting for the Election of the Board shall, at the

time of filing his nomination, file a declaration of his/her and his/her family’s

assets and liabilities in the manner as may be prescribed.

(1B) Every elected director of the Board shall submit a declaration of assets

and liabilities of his/her and his/her family for each financial year of his tenure in

the manner as may be prescribed.

Explanation- For the purpose of this sub-section “Family” means

Candidate and his/her Spouse, Unmarried Daughter and Undivided Son.”

(ii) for sub-section (2) the following shall be substituted, namely:-

“(2) Subject to provisions of this Act, the procedure and guidelines for

conducting elections to Souharda Co-operative Societies by the Co-operative

Election Authority as may be prescribed.”

11

11. Amendment of section 27.- In the Principal Act, in section 27, after

clause (j), the following clauses (k) (l) and (m) shall be inserted, namely:-

“(k) Every elected director of the Board shall submit a declaration of assets

and liabilities of his/her and his/her family for each financial year of his/her

tenure as in the manner as may be prescribed.

(l) to collect and review the assets and liabilities of Chief Executive of the

souharda co-operative society.

(m) if the Chief Executive fails to submit the assets and liabilities to the

Board, the Board shall take disciplinary action on Chief Executive such manner as

may be prescribed.

Explanation:

For

the

purpose

of

this

clause

“family”

means

Candidate/Chief Executive Officer/Director and his/her Spouse, Unmarried

Daughter and Undivided Son.”

12. Amendment of section 28.- In the Principal Act, in section 28,-

(i) for sub-section (1), the following shall be substituted, namely:-

"(1) The Chief Executive shall within fifteen days from the date of constitution

or deemed constitution of the Board after a general election and immediately before

the expiry of the term of office of the President or Chairperson, Vice-President or

Vice-Chairperson and any other office- bearers, convene a meeting in the manner

as may be prescribed of all members of the committee for the purpose of electing

President or Chairperson, Vice-President or Vice-chairperson and such any other

office bearers as are required to be elected under the bye-laws of the souharda co-

operative society. One of the members who is not a candidate for the election of

President or Chairperson, Vice-president or Vice-Chairperson or any office bearer

shall be chosen to preside over such meeting:

Provided that, the Members of the first Board elected in the first general

election held after the registration of a co-operative, shall elect the President or

Chairperson, Vice-President or Vice-Chairperson and other office bearers in such

manner as may be prescribed.

(2) The Chief Executive shall, as and when there is a casual vacancy in the

office of the President or Chairperson, Vice-President or Vice- Chairperson or other

office bearers convene a meeting of the members of the Board for the purpose of

filling up the casual vacancy and the provisions of sub-section (1) shall mutatis

mutandis apply.

(3) The Chief Executive shall, within three days from the date of the meeting,

forward to the Registrar and Co-operative election authority a copy of the notice

convening the meeting and also a copy of the proceedings of the meeting.

(4) If the Chief Executive fails to convene the meeting in accordance with sub-

sections (1) and (2), the Co-operative election authority or any officer authorized by

it to do so shall convene a meeting for the purposes specified in the said sub-

sections."; and

(ii) after sub-sections (1), (2) (3) and (4) as so substituted, the existing sub-

sections (2) and (3) shall be re-numbered as (5) and (6).

13. Amendment of section 29.- In the Principal Act, in section 29,-

(i) for the words “ may fill” the words “shall fill” be substituted; and

12

(ii) the words “if the remaining term of office of the board is less than half of

its original term” shall be omitted.

14. Amendment of section 31.- In the Principal Act, in section 31, in sub-

section (2) after clause (i-6) the following clause (i-7) shall be inserted, namely:-

“(i-7) If he/she fails to submit every financial year the declaration of

assets and liabilities of his/her and his/her family.

Explanation:- For the purpose of this clause “family” means “Chief

Executive Officer and his/her Spouse, Unmarried Daughter and Undivided

Son.”

15. Amendment of section 33.- In the Principal Act, in section 33, after

sub-section (1), the following shall be inserted, namely:-

“(1-A) Notwithstanding anything contained in sub-section (1), except urban co-

operative banks, once in an every three years every co-operative shall get its

accounts audited by the Director of Co-operative Audit.”

16. Amendment of section 38.- In the Principal Act, in section 38, in sub-

section (1), second proviso shall be omitted.

17. Amendment of section 38A.- In the Principal Act, in section 38A, after

sub- section (4), the following sub-section shall be inserted, namely:-

“(5) The Federal Cooperative shall appoint a Special Officer to conduct the

elections of the Souharda Cooperative Society as provided under sub-section (6-A)

of section 48.”

18. Amendment of section 48.- In the Principal Act, in section 48, after

sub- section (6), the following sub-section shall be inserted, namely:-

“(6-A) After issuing the Order for cancelling the order issued by the registrar

Co-operative society for winding up of the society, the Federal Co-operative shall

appoint a special officer to conduct the election of the Co-operative Society.”

19. Amendment of section 53.- In the Principal Act, in section 53, in sub-

section (7), after clause (u) the following clauses shall be inserted, namely:-

“(v) The Board of directors or employees of any Souharda Cooperatives

commits any irregularities or misappropriation or fraudulence reported under

sections 33 or 35 or clause (u) of sub-section (7) of section 53, the Souharda Federal

shall file a criminal case against the persons involved in the said reports.

(w) The Souharda Federal shall issue circulars/directions in respect of

working of member Cooperatives under the provisions of this Act and rules made

thereunder.”

20. Amendment of section 54.- In the Principal Act, in section 54, in sub-

section (2) after third proviso, the following shall be inserted, namely:-

“(2-A) The provisions of section 24 related to the Maximum number of board

members and reservation of seats in the Board shall mutatis-mutandis apply to

the Federal Co-operative.”

21. Amendment of section 55.- In the Principal Act, in section 55, in sub-

section (2) after clause (e) the following clause shall be inserted, namely:-

“(f) If he/she fails to submit every financial year the declaration of assets

and liabilities of his/her and his/her family.

13

Explanation:- For the purpose of this clause “family” means “Director and

his/her Spouse, Unmarried Daughter and Undivided Son.”

22. Amendment of section 58.- In the Principal Act, in section 58,-

(i) in sub-section (1),the words “and the office of the office bearers” shall be

omitted; and

(ii) after sub-section (4), the following shall be inserted, namely:-

“(5) The Chief Executive shall, within fifteen days from the date of

constitution or deemed constitution of the Board after a general election and

immediately before the expiry of the term of office of the President or Chairperson,

Vice-President or Vice-Chairperson, convene a meeting in the prescribed manner

of all the members of the committee for the purpose of electing President or

Chairperson, Vice-President or Vice-chairperson and such others as are required

to be elected under the bye-laws of the federal co-operative. One of the members

who is not a candidate for the election of President or Chairperson, Vice-president

or Vice-Chairperson, shall be chosen to preside over such meeting:

Provided that, the Members of the first Board elected in the first general

meeting held after the registration of a co-operative shall elect the President or

Chairperson, Vice-President or Vice-Chairperson and others in such manner as

may be prescribed.

(6) The Chief Executive shall, as and when there is a casual vacancy in the

office of the President or Chairperson, Vice-President or Vice-Chairperson or

others, convene a meeting of the members of the Board for the purpose of filling up

the casual vacancy and the provisions of sub-section (5) shall mutatis mutandis

apply.

(7) The Chief Executive shall within three days from the date of the meeting,

forward to the Registrar and Co-operative Election Authority a copy of the notice

convening the meeting and also a copy of the proceedings of the meeting.

(8) If the Chief Executive fails to convene the meeting in accordance with sub-

sections (5) and (6), the Co-operative Election Authority or any officer authorized

by it to do so, shall convene a meeting for the purposes specified in the said sub-

sections.

23. Amendment of section 59.- In the Principal Act, in section 59, the

proviso shall be omitted.

24. Amendment of section 60.- In the Principal Act, in section 60, in sub-

section (3A) for the words “twenty percent of the members”, the words “ten percent

of the members or one thousand whichever is less, those members” shall be

substituted.

14

The above translation of ಕකბಟಕ ๷๻ದბ ಸಹ౽ค (ൟൿ౪ಪല) ಅඌඛಯಮ,

2025 (2025 ರ ಕකბಟಕ ಅඌඛಯಮ ๸ಒ౲: 74) be published in the official Gazette

under clause (3) of Article 348 of the constitution of India.

THAAWARCHAND GEHLOT

GOVERNOR OF KARANATAKA

By Order and in the name of

the Governor of Karnataka,

G. SRIDHAR

Secretary to Government

Department of Parliamentary

Affairs and Legislation

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Date: 2025.09.12 20:03:41 +05'30'