Section 127 in West Bengal Co-operative Societies Rules, 2011
127. Functions of the Chief Promoter, the Chairman, the Vice-Chairman and the Treasurer.
The Chief Promoter of a housing co-operative society shall take steps, as may be necessary, under the provisions of the Act and Chapter II of these rules to get the society registered and shall(a)open a bank account to be operated by him jointly with the Chairman or, in absence of any of them, the Vice-Chairman and the Treasurer together with the other available and submit such document alongwith updated statement of accounts (receipts and payments) to the Registrar alongwith the application for registration.(b)negotiate with the approval of the Chairman to purchase or get land, building or tenement.
