1. Name and Address :
The Society which is registered under Jharkhand Co-operative Societies Act (Act VI of 1935) shall be called the Jharkhand State Co-operative Lac Marketing and Procurement Federation Limited, i.e. in short "JASCOLAMPF" and its registered office shall be at Ranchi. It has been referred to in these bye-laws briefly as "Federation".
In the event of any change in the address of the registered office, notice thereof shall be sent within 15 days of such change to the Registrar, Co-operative Societies, Jharkhand to the Bihar Co- operative Federation Limited, Patna and to the Bihar Jharkhand State Co-operative Bank Limited, Ranchi.
2. Area of Operation :
The area of operation of the Federation shall be the whole state of Jharkhand. It may open branches with the prior approval of Registrar, Co-operative Societies, Jharkhand inside or outside Jharkhand on Exporting port for carrying out any or all the objectives.
3. Objects :
The object of the Federation shall be in general to promote lac industries on co-operative basis and in particular :-
(a) To purchase of Lac directly or through -
(i) Vyapar Mandal Sahyog Samity.
(ii) Large Area Multipurpose Co-operative Society.
(iii) Large Size Multipurpose Co-operative Society.
(iv) Multipurpose Co-operative Society.
(hearing after mentioned as VMSS/LAMPS/LSMPCS/MPCS)
(v) Primary Lac Growers Co-operative Societies.
(b) To provide finance to VMSS/LAMPS/LSMPCS/MPCS lac Growers Co-operative Societies for procurement of lac/from Primary growers.
(c) To arrange for processing of sticklac into seedlac, shellac and other lac products.
(d) To sell sticklac, seedlac and other lac products to the State Trading Corporation of India or otherwise.
(e) To take all steps for increasing production of lac and its better marketing.
(f) To undertake purchase and sale of sticklac, seedlac, shellac and such other bye-products derived from lac.
(g) To undertake processing and manufactured articles derived from sticklac and its products.
(h) To help in the activities of promotion of production of the lac such as providing broodlacs, plantation of host plants, provision of implements etc.
(i) To enter into all kinds of contracts and transaction relation to purchase and sale of sticklac, seedlac and other lac products with a view to the gradual elimination of middlemen and thus ensure fair price to the lac Growers.
(j) To acquire and hold shares in any co-operative society in the best interest of the Federation.
(k) To take necessary steps to safeguard the interest of the affiliated societies.
(l) Generally to undertake such other business and do such other things as are incidental and conductive to the promotion and attainment of the above objectives.
